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India Brand Equity Foundation (IBEF) is a Trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India. [1] IBEF's primary objective is to promote and create international awareness of the Made in India label in markets overseas and to facilitate the dissemination of knowledge of Indian products and services.
It is managed by the 'Silk Mark Organisation of India'. The Ayush Mark or the Ayush Product Certification Scheme for herbal products by the Department of Ayush. [8] [9] [10] The Darjeeling tea certification mark, [11] a geographical indication mark for tea produced in Darjeeling.
In 2019, India was ranked at 63rd place out of 190 countries in the World Bank's ease of doing business index, [25] up from 130th in 2016. [26] In February 2017, the government appointed the United Nations Development Programme (UNDP) and the National Productivity Council "to sensitise actual users and get their feedback on various reform measures."
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The mark is issued to various product categories and the development of standards for more products is in progress. The Ministry of Environment, Forest and Climate Change (MoEF&CC) is implementing an eco-labeling Scheme for environment-friendly products. The Ecomark Scheme has launched in 1991 vide G.S.R. 85(E) [7] dated 21.02.1991.
Even though promoted by the government of India, the mark is only advisory in nature and is not legally endorsed. The certification scheme was founded by the Central Silk Board in 2004. [ 2 ] [ 3 ] [ 4 ] In the original format, the mark included a silk mark logo woven on a hang-on tag on which a unique numbered hologram would be affixed.
The mark certifies that a product conforms to an Indian standard (IS) developed by the Bureau of Indian Standards (BIS), the national standards body of India. [1] The ISI is an initialism of Indian Standards Institution , the name of the national standards body until 1 January 1978, when it was renamed to the Bureau of the Indian Standards.
A universal tariff of 10% threated by Trump would impact India, Kugelman said, in part because India enjoys a trade surplus with the US. Trade between the two sides has heavily favored New Delhi ...