Focus on quality can greatly influence India's future as a nation: Piyush Goyal
New Delhi/IBNS: Access to high-quality goods and services is the top concern of the consumers and consumer satisfaction can only be obtained when this intrinsic need is met, Union Minister Piyush Goyal said on Wednesday.

During the Inaugural Address at the 44th ISO COPOLCO Plenary in New Delhi today, the Union Consumer Affairs Minister said India can greatly influence its future as a nation by focusing on quality.
“Quality is what today's customers are demanding and there can be no issue more important to consumers than quality,” he said.
He underscored that consumer rights, safety and satisfaction are all dependent on the quality and extremely important in the highly globalised and technology-aided world.
The minister said that India today is the 5th largest economy in the world and in the next few years, India is poised to become the 3rd largest economy.
“India is a 'bright spot' under the leadership of Prime Minister Narendra Modi, which is recognised by the world leaders and the multilateral institutions and almost every developed country wants to trade with India,” Goyal stated.
He maintained that consumer protection is an integral part of governance.
The minister said that issues of affordability, practicality and complementarity are also important in making policies for consumer protection.
The Department of Consumer Affairs and Bureau of Indian Standards (BIS) can play a game-changing role in making India achieve greater heights in terms of quality control, he said.
Goyal said that quality and consumers will play a crucial role in shaping the markets and driving economic growth.
He said that businesses must reflect on the demands of the time and expectations of the customers.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles

CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Mumbai: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.

JP Morgan gives 'overweight' rating to Adani Group bonds
Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress.

LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).

De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Mumbai: India has not initiated any steps towards de-dollarisation and is solely focused on mitigating risks to domestic trade from geopolitical uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das clarified on Friday, media reports said.
Latest News

With heavy hearts, devotees bid farewell to Goddess Durga across Northeast

13, including 10 children, die in two separate Durga idol immersion tragedies in Madhya Pradesh

Prez Droupadi Murmu, PM Modi pay tributes to Mahatma Gandhi and Lal Bahadur Shastri on birth anniversaries

Centre orders probe into Tamil Nadu-based cargo firm Wintrack Inc’s charges against Chennai Customs
