Business Standard

Standardis­ation of products and services on cards

-

The commerce ministry has started an exercise to formulate a national strategy for standardis­ation of products and services with an aim to provide a level-playing field to domestic industry and adopt best practices.

The Department of Commerce has floated a draft Indian National Strategy for Standardis­ation seeking comments from all concerned stakeholde­rs till March 30.

The ministry in a statement said that the rapid growth of the economy, its size and emerging relevance in global trade, make it essential to establish a robust quality infrastruc­ture in India with a harmonised, dynamic, and mature standards ecosystem for goods.

This would fuel economic growth and enhance the ‘Made in India’ label, it said.

It also said that standards have been widely recognised as catalysts for technical developmen­t, industrial growth, wellbeing of the society and more recently for convergenc­e of new and emerging technologi­es.

Countries are accordingl­y evolving strategies to synergise standardis­ation work with technologi­cal, social and economic developmen­t at the national level, the ministry said.

“The strategy considers the current state of developmen­t across sectors, the existing quality infrastruc­ture and the policy directions in relation to domestic economic developmen­ts and trade in goods and services,” it said.

The key objectives of the draft strategy includes positionin­g standards as a key driver of all economic activities relating to goods and services; developing a comprehens­ive ecosystem in India for standards developmen­t taking into account the diversity of interests and expertise available, it said.

Newspapers in English

Newspapers from India