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Quality control orders protect MSMEs from unfair competition: Piyush Goyal
Update / Judgement Date
25 Aug 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Quality control orders issued by the Indian government aim to safeguard Micro, Small, and Medium Enterprises (MSMEs) from unfair competition and substandard products flooding the market. Commerce and Industry Minister Piyush Goyal emphasized that these orders are crucial for ensuring a level playing field and protecting domestic industries from inferior imports. The move is expected to enhance the competitiveness of Indian MSMEs, allowing them to thrive in a fairer environment. By regulating quality standards, the government seeks to bolster domestic manufacturing and ensure consumer safety, while also supporting the growth and sustainability of small businesses. These initiatives reflect a broader strategy to boost local industries and maintain high product standards.