DIPP

DIPP News

Govt christens DIPP as Department for Promotion of Industry and Internal Trade

The newly-named department under the Ministry of Commerce and Industry will look into matters related to promotion of internal trade, including retail trade, welfare of traders and their employees, facilitating ease of doing business and start-ups.

Gujarat best in providing ecosystem for startups: DIPP ranking

In the ranking process, states have been identified as leaders across categories — startup policy, incubation hubs, seeding innovation, scaling innovation, regulatory change champions, procurement leaders, and communication champions.

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Alter disbursement methods for greater offtake of funds: DIPP to SIDBI

Only 99 startups have been funded as compared with a total of 6,981 startups recognised by the DIPP as on Feb 6

Eleven ministries to meet next week to discuss approval of FDI proposals

Foreign investments in bulk of the sectors are allowed under the automatic route. Currently, only 11 sectors, including defence and retail trading, require government approval for Foreign Direct Investment. FDI in 2016-17 grew by 9 per cent.

DIPP to soon release SOP for FDI proposal clearances

Last month, India scrapped the 25-year old Foreign Investment Promotion Board (FIPB) as it looks to attract more FDI by providing quick approvals under a single-window clearance system.

FDI up about 35% in last 17 months on Make in India push: DIPP secy

The department is all set to launch a Make in India week in Mumbai next year where over 1,000 companies and delegates are expected to participate from over 60 countries.

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Indian Start-ups: Perks and sops aim to halt exodus

Aim of a new policy is to improve capital access, encourage innovation and urge states to act as incubators for ‘innovative start-ups’.

Patent registration: Centre plans cutting approval time to 15 months from 5-6 yrs

As many as 2,26,339 patent applications were pending as on July 31, 2015, due to shortage of professionals, according to the government data.

Ease of biz: Govt pushes states to implement over 300 proposals

Will be assessed next year on recommendations, have to take action on all these by December.

India Inc petitions govt: From land laws to levy, ease it all

Corporates along with CII, Ficci and PHD Chambers have made recommendations to improve ease of doing business in India.

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