Question

Describe the role of chambers of commerce in the promotion of internal trade.

Answer 1

1. Transportation or interstate movement of goods: The Chambers facilitate registration of vehicles, surface transport policies, construction of highways and roads in promoting the interstate movement of goods.
2. Harmonization of CGST and SGST structure.
3. Marketing of agro products and related issues: The associations of agriculturists and other federations interact with farming cooperatives to streamline local subsidies and formulate marketing policies for selling agro products.
4. Weights and measures and prevention of duplication of brands: They help the Government in the formulation and implementation of uniform policies in weights and measures and prevention of duplication of brands.
5. Promoting sound infrastructure: They interact with Government to construct roads, ports, electricity, railways, etc.
6. Labour legislation: They interact with the Government on regular basis and the issues related to labour laws, retrenchments, compensation, etc., so that the industry can run efficiently, generate employment, and achieve maximum productivity.