New Delhi: In a move aimed at bolstering exports and enhancing ease of doing business, the government last week rolled back 14 Quality Control Orders (QCOs) pertaining to chemicals, polymers and fibre intermediaries used in the textiles sector, and 55 others on steel-related intermediaries used across industries, including automobiles.
The suspension of these 69 QCOs, which were primarily on raw materials and intermediates critical to India’s manufacturing and exports sector, is expected to ease the sourcing of raw materials for domestic players, thereby making Indian finished products more attractive.
The government’s decision comes amid t rade tensions with the US and an internal NITI Aayog report in October recommending rolling back 208 QCOs, primarily related to raw materials an

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