Shri Piyush Goyal directs BIS to reduce testing fees for "MSME, Start Ups and Women Entrepreneurs" to encourage ease of doing business

Last updated: 02 March 2021

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Union Minister Shri Piyush Goyal has instructed the Bureau of Indian Standards (BIS) to reduce testing fees for Micro, Small and Medium Enterprises (MSMEs), start-ups, and women entrepreneurs. This move aims to promote ease of doing business and encourage these groups to get their products certified. The Minister also stressed the importance of 'SPEED, SKILL, SCALE & STANDARD' as a national mantra for progress and directed BIS to expand and modernise its testing labs across the country.

The Union Minister Shri Piyush Goyal directs BIS (Bureau of Indian Standards) to reduce testing fees for MSME, Start Ups and Women Entrepreneurs to encourage ease of doing business SPEED, SKILL, SCALE STANDARD, should be the new National Mantra of progress: Shri Piyush Goyal Producing the pro

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FAQ :

Shri Piyush Goyal has directed BIS to reduce testing fees for MSMEs, start-ups, and women entrepreneurs to encourage ease of doing business.

The new national mantra for progress suggested is 'SPEED, SKILL, SCALE & STANDARD'.

BIS has been directed to map industrial zones, create world-class lab testing infrastructure, undertake GAP analysis, modernise existing labs, and set up new testing labs across the country so entrepreneurs don't have to travel far.

BIS is instructed to create a Customer Charter to ensure the highest transparency in its certification process and inspections.

The goal is to ensure that products manufactured in India are of international standards, whether for the local or international market, and that standards are not diluted.

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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Shri Piyush Goyal directs BIS to reduce testing fees for "MSME, Start Ups and Women Entrepreneurs" to encourage ease of doing business