Facebook Pixel Time to reverse a rash of quality control orders | Mint Mumbai - newspaper - Bu hikayeyi Magzter.com'da okuyun
Magzter GOLD ile Sınırsız Olun

Magzter GOLD ile Sınırsız Olun

Sadece 9.000'den fazla dergi, gazete ve Premium hikayeye sınırsız erişim elde edin

$149.99
 
$74.99/Yıl

Denemek ALTIN - Özgür

Time to reverse a rash of quality control orders

Mint Mumbai

|

April 17, 2025

Suman Bery has pointed out how QCOs act as non-tariff barriers to the anguish of MSMEs. Given India's need to signal trade openness, we should roll back all except the few we need

Time to reverse a rash of quality control orders

Perhaps the only positive outcome of the tariff turmoil that the US has plunged the world into is the renewed attention being paid to trade barriers. Across the world, it has led countries to re-examine their own policies. So too in India. It is in this context that comments made by Niti Aayog's vice-chairperson Suman Bery, who also chairs the Economic Advisory Council to the Prime Minister, assume significance. On Tuesday, he flagged the harm that many of our micro, small and medium enterprises (MSMEs) have suffered due to a flurry of quality control orders (QCOs) issued by the government. These call for quality check approvals for goods to be imported into India, with the Bureau of Indian Standards in charge of certifying whether specified items are worthy of use. While consumer protection is the ostensible aim, the red tape involved tends to act as a non-tariff barrier. As reported, by one count, India had as many as 187 QCOs covering 769 products by mid-March. Some of these are for inputs used by various industries and have had the effect of

Mint Mumbai'den DAHA FAZLA HİKAYE

Mint Mumbai

Mint Mumbai

Japan eases most arms export curbs in historic shift

Japan removed most of its restrictions on weapons exports, allowing the nation to sell arms overseas for the first time since World War II in a move aimed at strengthening its defence industrial base.

time to read

2 mins

April 22, 2026

Mint Mumbai

Mint Mumbai

TN POLLS: WHY THE DRAVIDIAN DUOPOLY IS UNDER FIRE

A four-cornered contest has made the electoral outcome difficult to predict in Tamil Nadu

time to read

8 mins

April 22, 2026

Mint Mumbai

Mint Mumbai

Sebi panel recommends NSE pay $193 million to settle cases

The panel's recommended amount exceeds ₹1,300 crore set aside by NSE last year

time to read

1 mins

April 22, 2026

Mint Mumbai

Mint Mumbai

Ace Turtle pivots to premium denims

Ace Turtle, the company behind denim brands Lee, G-Star and Wrangler, is stepping away from India’s crowded value denim segment, sharpening its focus on premium brands as it looks to rebuild margins and define a clear market position.

time to read

1 mins

April 22, 2026

Mint Mumbai

Mint Mumbai

Asia’s largest oil buyers are running low on Hormuz alternatives

Asia’s largest oil buyers have been able to lean on workaround to limit the impact of more than seven weeks of war in the Persian Gulf, shielding not only their own economies but those of neighbours competing for cars.

time to read

2 mins

April 22, 2026

Mint Mumbai

Mint Mumbai

US, Iran signal new ceasefire talks as truce nears end

Neither Washington nor Tehran has publicly confirmed the timing of the talks in Islamabad

time to read

4 mins

April 22, 2026

Mint Mumbai

Mint Mumbai

Nestlé India profit jumps 26% on best sales growth in a decade

Nestlé India shares gained amadose on NSE. AFP

time to read

1 mins

April 22, 2026

Mint Mumbai

AB InBev turns from witness to target

India’s antitrust agency has made Anheuser-Busch InBev a target of a cartel investigation after the world’s leading brewer cooperated for four years as a witness, leading to a court battle in which AB InBev has obtained a temporary injunction, according to two people familiar with the matter and documents.

time to read

1 min

April 22, 2026

Mint Mumbai

Mint Mumbai

China's success in the pharma sector looks unstoppable now

The country seems set for dominance of cutting-edge therapies too

time to read

3 mins

April 22, 2026

Mint Mumbai

India’s defence ambitions could prove transformative

In a world marked by persistent turbulence, the character of globalization is undergoing a decisive shift.

time to read

3 mins

April 22, 2026

Listen

Translate

Share

-
+

Change font size