BIS Full Form
What is full form of BIS?
The Bureau of Indian Standards(BIS) is the full name of the organization. The Ministry of Consumer Affairs, Nutrition, and Public Distribution is responsible for overseeing BIS. It is also referred to as India's national standards agency. It was established by the Bureau of Indian Standards Act of 1986, which went into effect on December 23, 1986. The ex-officio president of the BIS is the minister in charge of the administrative oversight that the BIS provides to the department or agency. The BIS performs two primary tasks: encouraging international collaboration in banking, finance, and economics while operating as a bank for central banks.
Principle Goals of BIS
Maintaining control over consistency and quality.
Implementing standards for consistency assurance and marking in a coordinated manner.
Create a comprehensive plan for identifying standards and ensuring that they support the expansion of manufacturing and trade.
Functions
The development, identification, and promotion of Indian norms is one of BIS's primary responsibilities.
The Indian economy is supported by 15 industries, according to the BIS. For the purposes of monitoring and overseeing the activities, it maintains a distinct Division Council for the creation of the Indian Standard.
To maintain conformity with emerging technologies and international standards, the criteria are regularly evaluated and updated.
These include the main financial components that help businesses improve the caliber of their goods and services.
Advantages
Reduces the risk to customers' safety.
Gives customers products that are reliable and of high quality.
Promotes export and import of alternatives.
Disadvantages
Limited range of applicability.
Low price: The NSB that oversees India's quality standards for goods and services is called BIS. Unfortunately, the majority of foreign importers do not view BIS as a well-known indicator of quality. For importing the product, they often favor standards like CE and IEC over anything else. The good news is that BIS is using its resources effectively and establishing testing facilities for export goods to guarantee unmatched quality.
Increased compliance management costs: For smaller businesses, maintaining quality could be a challenging task if it draws steady funding. It would be challenging for the businesses to uphold the integrity of compliance or consistently manufacture high-quality items under severe economic pressure. Additionally, compared to other certificates, BIS registration is slightly more expensive. Even the cost of renewal is quite high, which may greatly annoy some small businesses.