Economic Secretary Anuradha Thakur urges the Indian financial sector to embrace disintermediation but ensure credit reaches MSMEs for equitable, sustained 8% GDP growth
The directive, which came into effect on November 12, aims to improve raw material availability for downstream industries
The NSL operates with a capacity of 3 million tonne per annum (MTPA) integrated steel plant located at Nagarnar in Bastar district of Chhattisgarh
A 2016 amendment to the BIS Act broadened the government's authority to mandate compliance with compulsory standards
The steel ministry said these exemptions are an ongoing process, and more licences may be exempted as requests are received
Customers can absorb price hikes, he added
The Bureau of Indian Standards (BIS) has found 91 per cent of the 17,860 samples of toys compliant with the quality control order since its implementation in January 2021, reflecting availability of quality products in the domestic market. The bureau has undertaken extensive enforcement activities following the implementation of the Toy (Quality Control) Order in January 2021, said Anil Kapri, Director and Head (Western Regional Lab), BIS, Mumbai. "To keep a check on the quality of certified toys available in the market, BIS is consistently increasing the number of samples drawn for testing. The data since 2021 reflects an upward trend in surveillance activity," said a senior official at Department of Consumer Affairs in the central government. "Moreover, it is evident that an increasingly higher proportion of these samples are found to be in compliance with Indian Standards, indicating a positive shift in the overall quality of toys available in the market," the official added. As
Consumer Affairs Secretary Nidhi Khare on Wednesday asked MSMEs to comply with voluntary as well as mandatory quality standards while manufacturing products and urged them to be more proactive in sharing problems and seeking solutions. Addressing a conference here, she noted that India is poised to become the third largest economy in the world, and the MSMEs (micro, small and medium enterprises) will have a major role to play in achieving this. The secretary said MSMEs need to be more proactive in sharing their problems and asked the industry to demand new standards as well as participate in formulation of these quality norms. She highlighted that the government in the past few years have taken various steps to ensure that people get quality products. Recently, Rs 78 crore has been approved to strengthen existing testing labs and set up new ones. "Ultimately, any nation which grows has to ensure credibility of its goods and services. There cannot be any abstinence, or there cannot
Earlier this week, officials conducted a search and seizure operation at the warehouse of Amazon Sellers Pvt Ltd, located in the Mohan Cooperative Industrial Area in Delhi
BIS raids Amazon and Flipkart warehouses at multiple locations, seizing substandard toys, blenders, bottles, electric water heaters, and speakers, violating the BIS Act 2016
The Bureau of Indian Standards (BIS) on Monday said it is prioritising development of standards for 214 critical medical devices, which are set for phased completion by December 2025. These devices, which include septal closure devices, plasma sterilizers, and phototherapy machines, are in line with the National Medical Device Policy, 2023 and have been identified in consultation with Department of Pharmaceuticals. BIS, in a statement, said the national standards body is developing standards for innovative products such as therapeutic footwear, portable ramps, braille displays, and fall detectors, which support individuals with disabilities. BIS has published over 1,700 standards for the medical sector, covering specialities such as cardiology, neurology, orthopaedics, ophthalmology, and more. Of these, around 1,200 standards specifically focus on medical devices critical to healthcare. BIS standards in this sector ensure that Indian medical devices are safe, effective, and globall
Nike, Mitsubishi, and Carrier, among others, are having difficulty obtaining Bureau of Indian Standards (BIS) certification for their vendor factories in China
The share of money kept in deposits with other central banks and the Bank for International Settlement (BIS) declined to 13.49 per cent at the end of September from 14.82 per cent at the end of March
The government has issued mandatory quality norms for helmets for police force, bottled water dispensers, and door fittings to curb the import of sub-standard goods and boost domestic manufacturing of these goods. Three separate notifications -- Helmets for Police Force, Civil Defence and Personal Protection (Quality Control) Order, 2023, Bottled Water Dispensers (Quality Control) Order, 2023, and Door Fittings (Quality Control) Order, 2023 -- were issued in this regard by the Department for Promotion of Industry and Internal Trade (DPIIT) on October 23. Under these orders, items cannot be produced, sold, traded, imported and stocked unless they bear the Bureau of Indian Standards (BIS) mark. These orders will come into force with effect from six months from the date of publication of the notifications, the DPIIT said. In order to safeguard the domestic small/micro industries, ensure smooth implementation of the QCO and ease of doing business, relaxations have been granted to ...
The government has issued mandatory quality norms for copper products, drums and tin containers to curb the import of sub-standard goods and boost domestic manufacturing of these goods, an official statement said on Monday. Two separate notifications - Drums and Tins (Quality Control) Order, 2023; and Copper Products (Quality Control) Order, 2023 - in this regard were issued by the Department for Promotion of Industry and Internal Trade (DPIIT) on October 20. Items under these two orders cannot be produced, sold, traded, imported and stocked unless they bear the Bureau of Indian Standards (BIS) mark. These orders will come into force with effect from six months from the date of publication of this notification, the DPIIT said. Copper and its alloys are used in power generation, power transmission, telecommunications, electrical circuits, and several appliances. So, copper products need to be of the best quality, and the purity must not be compromised at any cost. The nine copper .
Footwear manufacturers and allied industries from 13 states held a protest, dissenting against the Central government's imposition of BIS quality certification on all kinds of footwear. The nationwide protest was organised by the All India MSME Footwear Council on Wednesday. The state-level protest was held at Modern Industrial Estate in Kozhikode, a statement said here on Thursday. As many as 400 small-scale footwear units also took part in the protest across Kerala. Industry leaders and MSME owners pointed out that the government's decision was neither practical nor scientific, it said. "The standards are set without considering the manufacturing/production process, types of raw materials used, and categories of footwear products. This makes the implementation of BIS standards unrealistic," VKC Razak, National Chairman, All India MSME Footwear Council, said. The protestors demanded a conclusive order from the government that relieves the MSME units from the ambit of mandatory B
Bureau of Indian Standards (BIS) on Monday said it has developed as many as nine standards on biofuels, and is in the process of developing a standard on paraffinic (green) diesel. BIS Director General Pramod Kumar Tiwari said, these standards will significantly complement the objectives of Global Biofuel Alliance (GBA), the multilateral forum announced by Prime Minister Narendra Modi during the G20 leaders' summit held recently in the national capital. "We are committed to support this path breaking initiative of the government through development of relevant Indian Standards and necessary quality parameters/performance specifications," he said in a statement. He said development of standard on paraffinic (green) diesel, that is derived from second generation (2G) feedstock, is also under progress. BIS is a national standards body of India that works under the aegis of the Food and Consumer Affairs Ministry. According to the BIS, the USA, Brazil, and India are the major producers
The Bureau of Indian Standards (BIS) has reached out to 2.4 lakh village panchayats so far to create awareness about Indian standards at the grassroot levels. BIS has undertaken a comprehensive initiative to sensitize Gram Panchayat Presidents and Secretaries across the country, an official statement said on Monday. BIS, the National Standards Body of India, plays a pivotal role in formulating standards and conducting conformity assessments of products and services. "Recognizing the critical importance of adhering to Indian standards for the well-being of citizens, the environment, and the overall quality of products and services, BIS has initiated this outreach program," the statement said.. The main objective of this initiative is to instil an understanding of the significance of adhering to Indian Standards among Gram Panchayats and ensuring compliance with these standards while implementing government programs and schemes at the village level. It aims to promote the culture of
The standards were published via gazette notification. The standards authority has also created an additional department for enabling dedicated focus on Ayush at BIS
RBI's gold reserves rise to 794.64 tonne at the end of March