Indian Standard Institution (ISI) – Objectives, Procedure, Functions

ISI Standard – Objectives and Procedure

The ISI was established in the year 1947. It has been renamed as the ‘Bureau of Indian Standards‘. Its main objective is to lay down quality standards for consumer and industrial goods.

ISI - Objectives, Procedure, Functions

ISI – Objectives, Procedure, Functions

A producer who wants to adopt a standard for his product has to obtain a license from the ISI under its marking scheme. He has to adopt certain procedures for quality control as prescribed by the license.

The inspectors of the ISI will constantly watch whether the producer maintains the specified quality or not. They may collect samples for the purpose of investigation at any time even from the open market. These samples will then be tested in the laboratories of the ISI.

If any customer has complaints against the quality of ISI marked products, he can inform the ISI officials regarding the same. The ISI will take prompt action on any such specific complaint.

If any producer is found to be using the ISI mark fraudulently, he will be liable for punishment. For the purpose of testing products, the ISI has set up laboratories in different parts of India. In addition to these activities, the ISI also furthers India’s interest in the field of international standardization by working closely with the International Standards Organization (ISO).

Functions of ISI

The functions of ISI may be stated as follows:

1. To prepare standards for commodities, materials and processes.

2. To help in the production of quality goods.

3. To certify industrial goods.

4. To circulate information relating to standardization

5. To promote general standards both at the national and international levels.

6. To protect the consumers by assuring them good quality and product performance.

7. To eliminate unnecessary varieties.

8. To cut down the cost of production.

A number of technical committees advise the ISI in the entire process of standardization. Standardization will ensure economy and the best utilization of the material resources.

Leave a Reply

Recent Posts

Related pages

sebi guidelines for issue of sharesdefinition of master budgetexamples mixed economydepartment store concessionsinventory turnover ratio interpretationclassification of npaprivity of contractshow to calculate receivables turnovermodes of land transportationmeaning of semi variable costinternet disadvantages debateadvantages of direct exportingobjectives and functions of imfdefine re-engineeringbooks in accountingquality of successful businessmanfranchising strategy definitiontypes of busnessexamples of brand stretchingcooperative company advantages and disadvantages1dollar to rupeedifference between financial accounting and cost accounting pptsinking fund on balance sheetservices provided by sbi bankdifference between bailor and baileesecuritisation meaningformula acid test ratioadvantages of e commerce wikipediagearing ratio analysis interpretationfunctions of crisilunfavourable balance of paymentprofitability index example problemsdefine internationalizationdefine consumer durablecapital budgeting wikipediakinds of bill of ladingexcess capacity under monopolistic competitionconglomerate merger examplesinternet merits and demeritsfdi benefitswhat are advantages and disadvantages of corporationsmeaning of attornmentacceptance must be unqualifiedgeneral merchandise wholesale definitiondefinition cluster samplingrole of intermediaries in marketingtypes of auditors opinionsmarket speculatoradvantages of issuing shareswhat is convenience sampling methodforecasting exchange ratescalculating pv factorcreditors turnover ratio formulatripartite agreement indiawhat is leverage ratioswhat is a sundry creditormeaning logisticdefine quota samplingdollar rupee yahoobought ledgercreditors voluntary liquidation processpromoter dutiesnegotiating bank in lcuses of bill of ladingdefinition of elasticity demandsebi capital marketdisadvantages of borrowingcosting accounting formulasdefine inter firm and intra firmdisadvantages of a mixed economic systemlabour rate variance formulawhat is an overhead ratebond and debenture differencelabour variancesusance billtreatment of under and over absorption of overheadsstock turnover formula