June 19, 2023

When it comes to Indian shoe brands, it’s important to understand the impact of ISI Mark on domestic market share. The ISI Mark is a quality certification mark that indicates that a product meets the Indian Standards set by the Bureau of Indian Standards (BIS). But what exactly is ISI? And how does it affect […]

Why ISI Mark Matters: Exploring the Certification for Shoe Safety Shoe safety is a crucial aspect that can’t be ignored. Every year, millions of workers are injured in the workplace due to inadequate footwear. Therefore, it is essential to ensure that shoes meet certain safety standards. This is where the ISI mark or ISI certification

Introduction: After the recent ban on 14 fixed dose combination (FDC) drugs out of a list of 19 due to their lack of therapeutic value, the Indian government has turned its attention to three additional combinations. Sources familiar with the matter have revealed that further data on the safety and efficacy of these drugs will

Introduction: The Indian government is contemplating a new regulation that would mandate mobile phone manufacturers to disclose the upload and download speed capabilities of their devices. This initiative aims to provide consumers with crucial information when purchasing smartphones, laptops, and tablets, as internet speed quality depends on both the device and the network. Transparent Information

Introduction: The Indian government is actively considering the implementation of policy instruments like Extended Producer Responsibility (EPR) in an effort to promote a circular economy and decrease waste. According to a senior official from the Ministry of Mines, this action aims to encourage recycling and build a more sustainable future. The Ministry of Mines and the Ministry of Steel have already released recycling frameworks as part of the Sustainable Development Goals (SDG) 2030 initiative, emphasising the growth of the recycling sector through cutting-edge technology with a focus on achieving resource efficiency and carbon neutrality. The role of extended producer responsibility (EPR) in promoting recycling Producers would be responsible for handling or getting rid of post-consumer products under the Extended Producer Responsibility (EPR) policy as it is currently proposed. With this strategy, producers actively reduce their environmental impact and help pay for collection and recycling initiatives. Producers will be required to fulfil these obligations, which will provide the recycling sector with significant growth and development incentives. Extended Producer Responsibility (EPR) and its Contribution to Recycling Promotion: In accordance with the Extended Producer Responsibility (EPR) policy, producers would be in charge of handling or discarding post-consumer products. With this strategy, producers actively reduce their negative environmental effects and support initiatives for waste collection and recycling. The recycling industry is anticipated to receive significant incentives for growth and development by imposing these obligations on producers. Revisions to Taxation and Import Duties Appeals: The 18 percent Goods and Services Tax (GST) levied on metal scrap has been called into question by Dhawal Shah, senior vice-president of the Material Recycling Association of India (MRAI). To advance a circular economy and foster a more favourable ecosystem for recycling, Shah suggests lowering it to 5 percent. Shah also emphasised the importance of encouraging policies to draw capital into the recycling industry, particularly with the 2030 goal of producing 300 million tonnes of steel. Tax and import duty revision requests: Senior Vice-President of the Material Recycling Association of India (MRAI), Dhawal Shah, has called on the government to reconsider the 18% Goods and Services Tax (GST) imposed on metal scrap. In order to advance a circular economy and create an ecosystem that is more favourable to recycling, Shah suggests lowering it to 5 percent. Shah also emphasised the need for advantageous policies to entice investment into the recycling industry, particularly with a goal of producing 300 million tonnes of steel by 2030. Initiatives and Collaboration from the Government: To aid in the expansion of the recycling industry, the government has tasked the autonomous JNADDDC (Jawaharlal Nehru Aluminium Development & Design Centre), which is a division of the