Capacity Building Commission hosts workshop on sustainable financing & resource mobilisation (See 'Corp Brief') Govt boosts Credit Flow to Agriculture Sector through targeted Policy Measures (See 'Corp Brief') IBC - Application of Discount for Lack of Marketability is permissible valuation methodology under Indian Accounting Standards for determining fair value of unlisted, illiquid shares in context of capital reduction: SC (See 'Legal Desk') IICA holds 4th Batch of Directors' Certification for Defence Officers (See 'Corp Brief') Financial inclusion campaign was held in 2.7 lakh Gram Panchayats and ULBs (See 'Corp Brief') A&C - Award can be set aside only on specific grounds such as being contrary to fundamental policy of Indian law, violating basic notions of morality or justice, or suffering from patent illegality that goes to root of matter: HC (See 'Legal Desk') ICANN85 in Mumbai highlights Collaboration for resilient Internet (See 'Corp Brief') Minister chairs 35th Meeting of Standing Committee of Voluntary Agencies (See 'Corp Brief') A&C - amendment to petition filed u/s 34 of Arbitration Act, cannot be permitted under Order VI Rule 17 of CPC if its effect is to introduce challenge to distinct part of arbitral award: HC (See 'Legal Desk') NITI Aayog convenes Regional Best Practices Seminar (See 'Corp Brief') FTAs opening New Opportunities for Pharma, Healthcare and MedTech Sectors: Goyal (See 'Corp Brief') MSME Ministry promotes Energy Efficiency and Green Practices in MSME Sector (See 'Corp Brief') Transforming Mined Landscapes: NLC India's Journey in Sustainable Mine Restoration (See 'Corp Brief') IEPFA-NCAER jointly organise Investor Education and Protection Workshop (See 'Corp Brief') IPR - Proprietorship of trademark, as general rule, vests in manufacturer who affixes mark on product, not in importer or distributor of those goods: HC (See 'Legal Desk') Chouhan holds post-Budget discussion with coconut farmers in Chennai (See 'Corp Brief') IBC - Creditor cannot be forced to elect its remedy or apportion its claim between principal debtor and guarantor: SC (See 'Legal Desk') IBC - Judicial review by NCLT & NCLAT does not extend commercial wisdom of Committee of Creditors in evaluating and approving resolution plan: SC (See 'Legal Desk') A&C - Pre-award and post-award interest operate in distinct fields and contractual bar applicable to former cannot, by implication, be extended to latter: SC (See 'Legal Desk') MoS interacts with beneficiaries of desalination plant in Kavaratti (See 'Corp Brief') A&C - Court will not grant specific performance of contractual obligation that is contingent upon discretionary approval of third-party government authority: HC (See 'Legal Desk') A&C - Contractual clause that expressly and widely bars payment of interest on ‘any moneys due to contractor' prohibits arbitral tribunal from awarding pre-reference and pendente lite interest on all claims: HC (See 'Legal Desk') CCI approves acquisition of certain shareholding in Balaji Wafers by General Atlantic Singapore (See 'Corp Brief') CCI approves combination of Bagmane Prime Office REIT of Bagmane Developers and others (See 'Corp Brief') CCI okays acquisition of additional equity in Generali Central Insurance by Central Bank (See 'Corp Brief') India and Finland renew MoU on Environmental Cooperation (See 'Corp Brief') IPR - Proof of right refers to documents showing that applicant legally owns 'right to apply for patent', which can be established through assignment or employment agreement with inventor: HC (See 'Legal Desk') Crude and Petroleum procurement: 24×7 Control Room Monitoring Supply Position (See 'Corp Brief') On World Wildlife Day 2026, PM reaffirms Commitment to Wildlife Conservation (See 'Corp Brief') IBC - valuers must ensure a reasoned valuation report to guide stakeholders in economic decision-making during insolvency, including consideration of intangible assets where relevant: IBBI (See 'Legal Desk') GPS transforming fishing community lives in Car Nicobar (See 'Corp Brief') Competition Act - disputes concerning alteration of copyrighted content & associated rights, need not be entertained where no prima facie case of anti-competitive agreement or abuse of dominant position, is made out: CCI (See 'Legal Desk') Ministry of Steel holds Interactive Session with Global Diplomats Ahead of 'Bharat Steel 2026' (See 'Corp Brief') Khadse announces unique nationwide ASMITA League to mark International Women's Day (See 'Corp Brief') IPR – Anti-dissection rule, which requires trademarks to be compared as whole, does not apply where part of mark is proven to be dominant feature: HC (See 'Legal Desk') India Summit 2026: Major AI Investment Commitments made (See 'Corp Brief') Supreme Court Clears Path For Single Insolvency Proceedings Against Linked Group Companies (See CORP EINSICHT)

Quality is not expensive, it is cost-effective: Goyal

Published: Jan 07, 2022

By TIOLCorplaws News Service

NEW DELHI, JAN 07, 2022: BUREAU of Indian Standards (BIS) completed 75 glorious years of its existence on 6th January 2022. BIS came into existence as Indian Standards Institution (ISI) in 1947. Through its core activities of Standardization and Certification, BIS has been contributing to national economy from past 75 years.

Piyush Goyal, Union Minister, Ministry of Consumer Affairs, Food & Public Distribution, Commerce & Industry and Textiles congratulated the institution and all associated with it via video conferencing.

While addressing the officers of Ministry of Consumer Affairs, Food and Public Distribution and BIS, he said, "Honourable Prime Minister before even becoming the Chief Minister of Gujarat gave the concept of 3S- Speed, Skill and Scale. It's time now to change it to 4S - Speed, Skill, Scale and Standards."

He said that as we celebrate Azadi Ka Amrit Mahotsav, it's a nice coincidence as well as an opportunity to reflect that in the words of Prime Minister it's the beginning of 'Amrit Kal of Azadi'. "Both the Nation and BIS will be completing 100 years in 2047 so it's going to be a great opportunity for BIS to plan and chart out our 25 year agenda from now until 2047. How we will contribute to make India a world power and a super power and a great nation," he said.

Goyal said that the defining feature that distinguishes some of the countries from us is focus on quality, "And if we can take it up as a mission that if 135 crore Indians start demanding quality and every participant in economic activity in India provides quality, then quality will speak for itself".

He said that the Centre is working towards One Nation One Standard. And it's important to set the benchmark by working skilfully so that we are internationally aligned.  

Goyal said that the standardization and conformity assessment will also provide consumers, safe, reliable and high quality products and therefore, our job becomes important and relevant in the years to come.

"Many manufacturing units today look at Total Quality Control or Six Sigma level of quality where they are counting defects or errors and very strict measures are taken and that is Hallmark of a progressive, modern and developed Nation," he added.

He stressed that BIS will make consumers more aware regarding quality. Total Quality Control will also mean trust in quality, confidence in quality.

Goyal complemented BIS in making Hallmarking and Assaying a success. He said, "Äs we celebrate Azadi K Amrit Mahotsav this year and plan for Amrit Kal for next 25 years, BIS also which play an equally important role in building a brand India so that we get recognize world over as a quality supplier of goods and services changing the mindset of the nation."

"Every single action demands quality that should be our mantra," he added.  

Goyal also suggested 5 Mantras for BIS to grow:

"1-We should work as a facilitator not an obstructer.           

2-BIS to develop as a global organization. Learning from global experiences, integrating global standards. Show to the world we are best. For this we have to be pioneer also.

3-Working on Gap analysis to assess laboratory attesting needs of the country and set up high quality modern labs across India.

4-Nothing short of a quality or standard revolution is required. One Nation One Standard will become game changer in this regard.

5-Quality is not expensive it is cost effective, " he said.

Rohit Kumar, Secretary Department of Consumer Affairs along with Ms. Nidhi Khare, Additional Secretary and other officers of the Ministry and BIS participated in the event.

Pramod Kumar Tiwari, Director General of Bureau on the special occasion extended his gratitude and best wishes to all the stakeholders of BIS. He said, "It is due to the constant efforts and strive for excellence of employees and other stakeholders of BIS that we have been able to achieve this respectable place today. We commit to contribute further in future with more zeal and dedication in India's progress".

In the twilight years of British rule in India, when the country was faced with the gigantic task of building up the industrial infrastructure, it was the Institution of Engineers (India), which prepared the first draft of the Constitution of an Institution which could take up the task of formulation of National Standards. This lead to the Department of Industries and Supplies issuing a memorandum on 3rd September 1946, formally announcing the setting up of an organization called the 'Indian Standards Institution (ISI). ISI came into being on the 6th January 1947 and in June 1947 Dr. Lal C. Verman took over as its first Director.

Bureau of Indian standards (BIS) came into existence, through an Act of Parliament dated 26th November 1986, on 1st April 1987, with a broadened scope and more powers; taking over the staff, assets, liabilities and functions of erstwhile ISI. Through this change over, the government envisaged building a climate for quality culture and consciousness and greater participation of consumers in formulation and implementation of standards.

TIOL CORP SEARCH

TIOL GROUP WEBSITES