Standards for service sector to help boost trade

Image
Press Trust of India New Delhi
Last Updated : May 04 2015 | 3:07 PM IST
Fixing standards for the service sector will help India in improving competitiveness of businesses and enhance trade, a top government official said today.
With increasing trade in services, standardisation in the sectors such as education, ICT, tourism, retail and logistics are important, said Secretary in the Ministry of Consumer Affairs, Keshav Desiraju.
"The national, regional and international standards in the service sector will improve enterprise competitiveness, boost trade and enhance safety and security," BIS said quoting Desiraju in a statement.
He was speaking at the Pacific Area Standards Congress (PASC) workshop here, which was organised by Bureau of Indian Standards (BIS).
PASC aims at framing a common strategy on international standardisation. BIS is member of this Congress.
Speaking at the occasion, Commerce Secretary Rajeev Kher said India's exports of services was USD 151 billion in 2014-15 and it contributes around 58 per cent to the country's GDP.
"The government is committed to encourage the services sector along with the 'Make in India' campaign," he added.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 04 2015 | 3:07 PM IST

Next Story