What's new

Narendra Modi: A true global leader - The ultimate statesman and ambassador of peace

Starting with about 100 five years ago, nearly 800 products across more than 100 sectors now need to be certified by the Bureau of Indian Standards. While the original aim may have been to stop local shop shelves from being flooded with poor-quality Chinese-made appliances, the so-called quality-control orders are starting to clog up global supply chains.

The polyester in Nike gym shorts — coming from a factory in China or Thailand — and the imported Vietnamese steel used by local automakers have to be BIS-certified. Further, these quality marks, as the trade estimate report notes, “can only be issued following a site visit by an Indian inspector to the manufacturing facility.” They also need to be frequently renewed.

This is just a rebirth, on a global scale, of the “Inspector Raj” that benighted the socialist economy. Those same impulses, which ebbed somewhat when the economy liberalized in the 1990s, have returned with a vengeance.

Ending the weaponization of quality control may help revive the share of factory output in the economy from a 60 year low. Openness to trade can be India’s ticket to join Asia-wide, labor-intensive production networks that will reassemble once the global trade war subsides.

Politicians and bureaucrats must stop playing their disruptive games, like effectively banning imports of polyester and viscose fiber. That only helps a couple of local tycoons, and is rightly seen by the world as protectionist.

 
BIS certs are simply NTBs to slow down imports, driven by domestic lobbies.

Moreover, the govt hasn't distinguished raw materials from direct-to-consumer products. But the argument does not hold for either.

The buyer or the consumer doesn't need the intervention of the nanny state to (pretend to) determine what is fit for his use.

Trade policy should privilege the consumer, not the producer.

:kp
 
Those who don't know about " Inspector Raj" To simply understand This has been weaponised by administration, ostensibly to create jobs but really to protect powerful local interests.
For Prime Minister Narendra Modi to make a quick deal with the US president, he should offer to dismantle the “Inspector Raj :kp
 
Only hope for Rana the Bona will now be if our Ammayi Sonya, Rahul Kundi and Asussadin Owaisi helps him with top notch lawyers to plead his innocence.

Wouldnt surprise me if above 3 donkeys mount a supporting act for Rana Bona labelling muslims as victims narrative with the help from the leftist and pseudo sickulars...


:apology
Can't really compare Asaduddin Owaisi with the other two. Owaisi is an extremely highly educated, and shrewd individual. The same can't be said about the other two who are not good enough to shine Owaisi's shoes in terms of merit. You can question Owaisi's intent though.​
 
Back
Top