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DPIIT starting exercise to prepare logistics cost framework
Thu, Mar 02, 2023
"We hope to firm up an index to gauge the country's logistics cost in a year. It will be an annual affair after that.We are organising an international workshop on logistics cost framework," the official said.
National Single Window System: All states, UTs, govt departments to integrate with NSWS by December, says DPIIT Secy
Thu, Feb 09, 2023
NSWS enables the identification, applying and subsequent tracking of approvals for all integrated states and central departments.
Govt working on policy for auction of salt land to private players - What is Salt Land Policy?
Sun, Jan 08, 2023
Sources said that the department is finalising a draft policy on auction of salt land to private players.
DPIIT to undertake third party assessment of Startup India Seed Fund Scheme
Fri, Jan 06, 2023
The fund was divided into four years for providing seed funding to eligible startups through eligible incubators across India.
Startups will attract significant foreign direct investments in 2023: DPIIT Secy
Wed, Dec 28, 2022
Secretary in Department for Promotion of Industry and Internal Trade (DPIIT) Anurag Jain said India has the third largest startup ecosystem in the world and the way startups here are performing; soon the country will become a top ecosystem globally.
India looks to bring 50 products under quality control order by next fiscal
Wed, Dec 21, 2022
According to a communication of the department for promotion of industry and internal trade (DPIIT), it is continuously engaged with BIS (Bureau of Indian Standards) and concerned stakeholders for identification of products for which quality control orders (QCOs) could be issued.
Cabinet approves bill to decriminalise minor offences to promote ease of doing business
Sat, Dec 17, 2022
Sources said that the Cabinet discussed the Ease of Doing Business and Ease of Living (Amendment of Provisions) Bill, 2022 in a meeting and has approved it as the bill is likely to be introduced in the ongoing winter session of Parliament.
Startup applications launched for registration on MAARG Portal
Thu, Nov 24, 2022
Officials said that to further boost the Indian startup ecosystem, currently ranked third largest globally, Startup India is focused on catalysing the startup culture and building a strong and inclusive ecosystem for innovation and entrepreneurship in India.
Govt notifies credit guarantee scheme for startups to provide collateral-free loans
Fri, Oct 07, 2022
MIs include financial intermediaries (banks, financial institutions, NBFCs, AIFs) engaged in lending/investing and conforming to the eligibility criteria approved under the Scheme.
Working on law to promote ease of doing business; may bring bill in winter session: Piyush Goyal
Fri, Sep 30, 2022
In India, inflation used to hover in double digits before 2014 and the country used to grapple with 8 per cent, 9 per cent and 10 per cent, but "today only 7 per cent compared to the rest of the world", Goyal added.
National Logistics Policy: Anil Singhvi In An Exclusive Conversation With Anurag Jain Secretary DPIIT
Mon, Sep 19, 2022
Target to bring down transportation cost from 13-14% to below 10%, all information will be available on ULIP portal, focus on digitization of sector through policy: Anurag Jain, Secretary DPIIT. Watch Anil Singhvi's exclusive conversation with Anurag Jain, Secretary DPIIT.
Inter-ministerial consultations in progress on revising WPI base year to 2017-18: DPIIT secretary
Sun, Sep 11, 2022
WPI is a key indicator to measure the average change in prices of a fixed set of commodities at the initial stage of a commercial transaction over a given period of time with reference to a base year.
Government receives 236 solutions under `Swachhata Startup Challenge`
Mon, Sep 05, 2022
Officials said that a total of 236 solutions across four themes including social inclusion, zero dump (solid waste management), plastic waste management and transparency through digital enablement were received, of which 30 solutions have been shortlisted.
DPIIT reviews 40 critical infrastructure projects; emphasises on timely completion
Sat, Aug 27, 2022
The commerce and industry ministry on Friday reviewed 40 infrastructure projects, including BharatNet and Delhi-Ghaziabad-Meerut Regional Rapid Transit System, and emphasised on their timely completion.
Industry body PHDCCI wants government's clarification on FDI policy in e-commerce sector
Thu, Aug 25, 2022
A report of the Parliamentary Standing Committee on Commerce has made some key observations and recommendations in the interest of the Indian consumer and other stakeholders.
Made in India toys: Manufacturers scale up production capacity amid rise in demand; eyes global markets
Sun, Aug 14, 2022
According to the industry, the sector is also going global, as manufacturers are scouting new markets and increasing exports to the Middle East and African countries.
Startups get up to 10 yrs for converting debt investment into equity
Mon, Mar 21, 2022
The government has extended the timeline up to ten years for startups to convert debt investments made in the company into equity shares.
Government extends timeline for startups to convert debt investment into equity by 10 years
Sun, Mar 20, 2022
According to experts, convertible notes have increasingly emerged as attractive financing instruments for early stage funding of startups since its inception in 2017.
PM Narendra Modi to address on the vision of PM GatiShakti National Master Plan at DPIIT's webinar on Monday; check details here
Sun, Feb 27, 2022
At the webinar, Prime Minister Narendra Modi will address all participants on the vision of GatiShakti and its convergence with Union Budget 2022.
FDI equity inflows dip 16% during Apr-Dec 2021 to USD 43.17 billion: DPIIT data
Fri, Feb 25, 2022
Foreign direct investment (FDI) equity inflows into India contracted by 16 per cent to USD 43.17 billion during the April-December 2021 period, according to data from the Department for Promotion of Industry and Internal Trade (DPIIT).