Commerce Ministry to devise strategy on product standards
The Union Ministry of Commerce and Industry has released draft Indian National Strategy for Standardisation for standardisation of products and services to provide level playing field to domestic industry and adopt best global practices. The strategy will play an active role and take leadership positions in apex international forums in related areas besides creating response mechanisms to global developments on standards, technical regulations and conformity assessment practices that impact market access of Indian goods and services.
Key objectives of draft strategy
- Positioning standards as key driver of all economic activities relating to goods and services
- Create integrated infrastructure, roadmaps and institutions for their effective management
- Enhance competitiveness of Indian goods and services in domestic and international markets.
- Develop comprehensive ecosystem for standards development taking into account diversity of interests and expertise available.
- Provide level playing field to domestic industry and adopt best practices in standardisation, conformity assessment and technical regulations.
Need for strategy
Rapid growth of Indian economy, its size and emerging relevance in global trade has made it essential to establish robust quality infrastructure in country with harmonised, dynamic and mature standards ecosystem for goods. The standardisation will fuel economic growth and enhance ‘Made in India’ label as standards are widely recognised as catalysts for technical development, industrial growth, well-being of society and more recently for convergence of new and emerging technologies. The strategy for standardisation of products considers current state of development across sectors, existing quality infrastructure and policy directions in relation to domestic economic developments and trade in goods and services.
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Month: Current Affairs - March, 2018