Khadi Spinners, Weavers and Khadi Institutions Protection and Welfare Bill, 2022

Jan 21, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Government of India (GoI) on December 08, 2023, issued the Khadi Spinners, Weavers, and Khadi Institutions Protection and Welfare Bill, 2022.

The following has been stated namely: -

• This Bill shall protect the distressed Khadi Spinners, Weavers, and Khadi establishments who are debt-ridden, exploited, and are committing suicide and for introduction of welfare measures like life insurance coverage, interest-free working capital, and consumption loans, healthcare, education to the children, availability of affordable raw material, modernization of looms, housing and compulsory purchase of Khadi cloth by Government and for the establishment of an authority and a welfare fund and for matters connected therewith and incidental thereto.

• An Authority to be called the National Khadi Spinners, Weavers and Khadi Establishments Welfare Authority shall be established.

• The functions of the Authority have been stated in the Bill.

• The Authority shall prepare an annual report in such form and at such time as may be prescribed giving a true and full account of its activities during the previous year.

• It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint

 

[Bill No. 97 of 2022]


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