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Cryptocurrency News Articles
All Quality Control Orders (QCOs) Introduced Have Earned the Support of the Sectors: Piyush Goyal
May 16, 2025 at 08:00 pm
The government is committed to building a system that ensures consumer safety and industry competitiveness, stated Minister Piyush Goyal
The government is committed to building a system that ensures consumer safety and industry competitiveness, stated Minister Piyush Goyal, while emphasising on the importance of implementation of Quality Control Orders (QCO) for electrical appliances at the Stakeholder Meet convened by Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry.
The meet discussed the issues being faced by the industry in the implementation of Horizontal QCO on "Safety of household, commercial and Similar Electrical Appliances" notified by DPI.IT on September 20, 2024.
Industry presented their concerns and highlighted issues faced by them in the implementation of QCO on electrical appliances.
According to a statement by the commerce ministry, industry had an overwhelming presence at the meeting and expressed their support for the intent behind QCOs to ensure only high-quality products are manufactured and sold in India. They also highlighted the critical role they play in facilitating access to larger markets.
However, considering the complexity of global supply chains, industry requested for notifying QCOs on finished goods first followed by QCOs on components and raw materials.
They also recommended mapping domestic manufacturing capacities and available technologies to align compliance time lines. A phased roll out was also proposed by the industry to smoothly integrate the new regime.
Major concerns raised by the Industry inter alia included the following- ambiguity as regards to coverage of DC Supplied Appliances and Battery-Operated appliances; non-availability of product manuals and test labs for all 85 appliances included in the illustrative list; lack of certification by domestic manufacturers as well as foreign manufacturers; insufficient time available for getting the BIS certification for domestic as well as foreign manufacturers; addressing the issue of legacy stock and non-acceptance of non-BIS marked products on e-commerce platform.
During the meeting, the commerce minister acknowledged concerns raised by the industry and agreed to consider the request to extend the implementation time line of the QCO, as well as the issue of legacy stock.
He requested industry to come up with the proposal for setting up more testing facilities with modern technology in public funded labs, labs in public sector enterprises and labs in State Government institution etc. so that that robust and accessible testing infrastructure will be available for the industry pan India.
Jitin Prasada, Minister of State for Commerce and Industry mentioned that "the Ministry remains firmly committed to a consultative and collaborative approach in implementing QCOs. Together, let us ensure that 'Made in India' globally stands for safety, quality, and trust."
DPIIT is working towards ensuring sectoral readiness for the QCO and identifying gaps in testing infrastructure to ensure a smooth roll out. DPIIT is closely working with BIS to streamline the testing and certification ecosystem, making it more accessible, efficient, and affordable, particularly for MSMEs.
The meeting witnessed the proactive participation of representatives from leading Industry players and Industry Associations like CII, FICCI, ASSOCHAM, CEAMA, RAMA, ICEA, IFMA, SMTA as well as Bureau of Indian Standards (BIS).
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- Al Abraj Restaurants Group Adds Bitcoin to its Balance Sheet, Signaling the Growing Adoption of Cryptocurrencies in the Middle East
- May 17, 2025 at 07:55 am
- In a development that reflects changing financial trends in the Middle East, Al Abraj Restaurants Group, a company listed on the Bahrain Bourse, has reportedly added Bitcoin to its balance sheet.
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