BJP fulfils poll promise: Soon, national trader's welfare board under DPIIT

The Board was a key poll promise of the BJP and will improve access to funds, cut down on compliance burden.

The government will soon set up a National Traders Welfare board to improve access to funds and expedite welfare benefits to traders.

The board will be formed under the Department for Promotion of Industry and Internal Trade. It will make recommendations to reduce compliance burden by cutting down on licenses and will act as an intermediary between traders and the government, an official said.

The Board will be chaired by a 'person capable of representing the issues of traders' who will be nominated by the government, according to an official document seen by Business Standard.  Five other positions will be