Niti Aayog has raised concerns that the recent Quality Control (QC) orders may disproportionately affect Micro, Small, and Medium Enterprises (MSMEs), tilting the market in favor of larger players. The regulatory measures, aimed at ensuring product safety and standards, could impose high compliance costs that smaller businesses may struggle to meet. Experts say this may lead to reduced competitiveness and limit the growth potential of MSMEs, which form the backbone of India’s economy.
The think tank emphasized the need for a balanced approach that safeguards consumer interests without stifling small enterprises. Niti Aayog suggested targeted support measures, including financial assistance and capacity-building programs, to help MSMEs adapt to new regulations. Failure to address these concerns, it warned, could lead to market consolidation and reduced opportunities for small businesses across sectors.
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