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India suspends 76 quality control orders to ease MSME burden
Business
Big update for small businesses: The Indian government just suspended 69 quality rules on chemicals, plastics, and steel—including products such as PVC and polyester yarn.
This move, based on advice from NITI Aayog experts, aims to make life easier for Micro, Small, and Medium Enterprises (MSMEs) by cutting red tape.
Why does this matter?
Before this change, strict certification rules made raw materials pricey and hard to get—especially tough on MSMEs.
Dropping these orders should mean lower costs and smoother supply chains for lots of industries.
What's next?
The government says it'll check in every year to see how this is working out. Plus, they're reviewing more steel standards soon.
For now, MSMEs can breathe a little easier—and maybe even get more competitive.