<h1>New Measures in Petroleum Industry: Fee Concessions, Safety Guidelines, Digitalization, and Regulatory Reforms.</h1> The Union Commerce and Industry Minister announced measures to balance compliance and public safety in the petroleum and explosives industry. Key initiatives include an 80% licensing fee concession for women entrepreneurs and 50% for MSMEs, and the development of safety guidelines for petrol pumps near residential areas. The Minister emphasized digitalization, third-party inspections, and streamlined processes to enhance efficiency and safety. Committees will review regulatory frameworks, and PESO will expedite online systems and fill vacancies. The consultation involved over 150 stakeholders, focusing on regulatory improvements and ease of business. DPIIT committed to ongoing stakeholder engagement and regulatory reforms.