114 Synopsis The government is considering a three-year extension of BIS certification fee concessions for MSMEs, easing compliance costs and encouraging quality adherence. Summary To support India’s micro, small, and medium enterprises (MSMEs), the government is likely to extend fee concessions under the Bureau of Indian Standards (BIS) for another three years. Initially set to expire in March 2025, these concessions aim to lower the cost of compliance and boost quality manufacturing among MSMEs. The scheme was introduced to help smaller businesses meet mandatory quality norms without being burdened by high certification expenses. Government officials are reportedly in talks with stakeholders to finalise the extension, which may be announced in the upcoming Budget session. The current exemption includes full or partial waivers of application and processing fees for BIS certification. This is especially relevant as more product categories are being brought under compulsory BIS certification through Quality Control Orders (QCOs). With the MSME sector contributing significantly to India’s GDP, exports, and employment, policymakers see the fee waiver as an important enabler for formalisation and market competitiveness. According to BIS, nearly 13,000 MSMEs had availed these fee benefits by the end of 2024, reflecting a growing interest in certification. The proposed extension also aligns with the government’s broader agenda of ‘ease of doing business’ and the formalisation of the informal sector. As MSMEs move towards global markets and digital platforms, adherence to recognised quality standards like BIS becomes not just a regulatory need but a competitive advantage. If approved, the move will offer predictable cost relief for thousands of MSMEs, while also strengthening India’s quality assurance ecosystem. You Might Be Interested In Deepinder Goyal steps down as Eternal Group CEO to pursue high‑risk innovation NITI Aayog proposes convergence of 18 MSME schemes — stakeholders stress need for simplicity and last-mile impact Micro units push for MSME credit cards to ease working capital woes Public sector banks sanction over ₹52,300 Cr in MSME loans via digital credit model RBI Eases Compliance for MSME Exporters on Small-Value Trade Cabinet approves ₹5,000 crore equity infusion into SIDBI to boost MSME credit — experts flag need for deeper reforms