New Delhi, March 11 -- The Lok Sabha on Monday passed The Bills of Lading Bill, 2024 aimed at modernising India's legal framework for the issuance of bills of lading.
A bill of lading is a document issued by a freight carrier to a shipper, granting rights and liabilities concerning transported goods. It contains details such as the type, quantity, condition and destination of goods being carried. The new legislation seeks to streamline legal provisions and facilitate trade operations by updating existing laws.
The bill was passed following a heated debate in the Lower House as Opposition lawmakers questioned the necessity of the legislation.
DMK MP Kalanidhi Veeraswamy opposed the bill, arguing that it introduced no substantial changes a...