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    <title>Compliance of the Petroleum and Explosives Industry must be balanced with public safety: Union Commerce and Industry Minister Shri Piyush Goyal</title>
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    <description>PESO licensing and regulatory procedures will be reformed to balance industry compliance with public safety by granting fee concessions to targeted entrepreneurs, directing PESO to draft safety templates with pollution and petroleum authorities to permit retail petrol outlets near habitation, and forming a committee to examine extending licence validity for explosives, transport and manufacturing to align with the ten year term for other licences. Operational simplifications include harmonising petrol and CNG licence amendments via module changes, expanding Third Party Inspection Agency involvement, developing online permission modules, issuing FAQs, integrating District Authority NOCs into LSDA, and constituting interagency industry committees to recommend rule amendments and drive digitalisation and risk based regulation.</description>
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    <pubDate>Thu, 04 Jul 2024 17:24:37 +0530</pubDate>
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      <description>PESO licensing and regulatory procedures will be reformed to balance industry compliance with public safety by granting fee concessions to targeted entrepreneurs, directing PESO to draft safety templates with pollution and petroleum authorities to permit retail petrol outlets near habitation, and forming a committee to examine extending licence validity for explosives, transport and manufacturing to align with the ten year term for other licences. Operational simplifications include harmonising petrol and CNG licence amendments via module changes, expanding Third Party Inspection Agency involvement, developing online permission modules, issuing FAQs, integrating District Authority NOCs into LSDA, and constituting interagency industry committees to recommend rule amendments and drive digitalisation and risk based regulation.</description>
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