Tag: Niti Aayog
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Textile Sector Reels as 14 QCOs on Intermediate Goods Are Rolled Back
Background: A Policy U-Turn Aimed at Easing Supply Chains The government has revoked 14 Quality Control Orders (QCOs) that previously applied to intermediate goods used in the textile value chain. The move, welcomed by manufacturers and industry associations, comes after an internal report by NITI Aayog highlighted that enforcing standards on intermediaries and raw materials—rather…
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Textile Sector Breathes as Govt Rolls Back 14 QCOs on Intermediate Goods
Background: What the Rollback Means for the Textile Value Chain The government has revoked 14 quality control orders (QCOs) targeting intermediate goods used in the textile value chain. This move comes amid industry concerns that mandating standards on intermediaries and raw materials—rather than finished goods—created unnecessary operational complexities and frictions for manufacturers, exporters, and suppliers.…