Jail term for delay in giving out ID cards: How compliance overkill mars chemical industry

Global volatility and economic upheavals do not worry the Indian chemical industry as much as the regulatory maze that could put them in jail or levy hefty penalties for breaking a host of minor laws. “Once we received a notice for not having provision for ‘sufficient’ cool drinking water. We were staring at an imprisonment of up to 2 years,” says a promoter of a Faridabad-based chemical company who did not want to be identified. While drinking