Business News | Union Minister Piyush Goyal Meets MSME Stakeholders for Implementation of Quality Control Orders
Get latest articles and stories on Business at LatestLY. Union Minister for Commerce and Industry Piyush Goyal held a stakeholder consultation meeting with representatives from the MSME sector to discuss the implementation of Quality Control Orders (QCOs).
New Delhi [India], June 27 (ANI): Union Minister for Commerce and Industry Piyush Goyal held a stakeholder consultation meeting with representatives from the MSME sector to discuss the implementation of Quality Control Orders (QCOs).
The meeting focused on making the standard-setting process more inclusive, collaborative, and easier for small businesses to comply with.
Also Read | 'Maa' Movie Review: Kajol Battles Evil, but the Real 'Horror' Is the CGI! (LatestLY Exclusive).
In a social media post, the Minister shared that he appreciated the valuable feedback received from the MSME stakeholders.
He stated, "Held a stakeholder consultation meeting with the MSME sector to discuss the implementation of Quality Control Orders (QCOs). Appreciated their feedback on making the standard setting process more collaborative, inclusive & easier to comply with."
The Minister also noted that MSMEs acknowledged the benefits of QCOs in their sector. According to him, the stakeholders shared that QCOs have played a significant role in improving product quality and enhancing consumer satisfaction.
By setting clear standards, QCOs have helped MSMEs align their offerings with market expectations and improve trust in their products.
He said, "MSMEs acknowledged how the QCOs have benefited their sector by enhancing product quality & consumer satisfaction".
Minister Goyal further reiterated the government's commitment to Prime Minister Narendra Modi's vision of 'Zero Defect, Zero Effect', which encourages manufacturing high-quality products without harming the environment.
Goyal said, "Aligned with PM @NarendraModiji's vision of 'Zero Defect, Zero Effect', reiterated the importance of a 'quality mindset' to boost domestic capabilities and elevate the country's global competitiveness".
He stressed the need for building a 'quality mindset' among businesses to boost domestic manufacturing capabilities and enhance India's global competitiveness.
The discussion highlighted how maintaining high product standards can help MSMEs grow, expand into new markets, and contribute more effectively to the national economy.
The government is aiming to ensure that compliance with QCOs is not a burden but an opportunity for growth for small and medium enterprises. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)