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

January 30, 2019 2:22 pm

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.

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Gujarat best in providing ecosystem for startups: DIPP ranking

December 21, 2018 3:57 am

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.

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

April 28, 2018 1:18 am

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

July 07, 2017 4:22 pm

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

June 08, 2017 12:52 pm

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.

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

December 18, 2015 1:02 am

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.