New safety regulations for machinery, equipment to affect MSMEs: GTRI

Q: How long will it take to read this news story?

The story "New safety regulations for machinery, equipment to affect MSMEs: GTRI" has 511 words across 17 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "New safety regulations for machinery, equipment to affect MSMEs: GTRI" was covered 9 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 347 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22424255</li><li>URL: https://beamstart.com/news/new-safety-regulations-for-machinery-1725883141686</li></ul>

Business Standard Logo Business Standard 9h ago

New safety regulations for machinery, equipment to affect MSMEs: GTRI - Business Standard

Quick Summary:

The new safety regulations for machinery and electrical equipment issued by the government will affect domestic production by the MSME segment and delay the import of essential equipment, think tank GTRI said on Monday.

It said that while large corporations may have the resources to meet new safety standards, MSMEs face unique challenges in complying with the Ministry of Heavy Industry's (MHI) order.

These challenges include financial, technical, and infrastructural constraints, making compliance a significant burden for small businesses, the Global Trade Research Initiative (GTRI) said.