Bills of Lading Bill, 2025 passed in the Lok Sabha
In a historic step towards simplifying and modernising India’s shipping laws, the Bills of Lading Bill, 2025 has been passed in the Lok Sabha.
It replaces the 169-year-old colonial-era law with a modern, efficient and globally aligned framework for shipping documentation, highlighted an official communique.
Key benefits:
* Will streamline shipping processes
* Will reduce legal disputes
* Will ensure greater ease of doing business
* Will strengthen India’s role in global trade
Source: Exim News Service: New Delhi, March 11