The Lok Sabha passed the Bills of Lading Bill, 2024.
It aims to update and simplify the legal framework for the shipping documents by replacing the colonial era Act of 1856.
It empowers the Central government to issue the directions to facilitate the law’s implementation along with an inclusion of a standard repeal and saving clause.
A bill of lading refers to a document issued by a freight carrier to a shipper.
It contains details such as the type, quantity, condition and destination of goods being carried.