State becomes 16th in India to adopt electronic bonds; move set to boost ease of doing business

In a major step towards digital governance and trade facilitation, the Maharashtra government on Friday launched an electronic bond (e-bond) system for import-export transactions, replacing traditional paper stamp bonds. With this, Maharashtra has become the 16th state in the country to adopt the system.

Revenue Minister Chandrashekhar Bawankule said the decision will simplify procedures, improve transparency, and accelerate trade operations, marking a turning point for the state’s economy. “Currently, 3,000 to 4,000 bonds are issued every month, amounting to over 40,000 annually. The introduction of e-bonds will bring a major transformation. Though it may appear small, this is a significant e

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