The Cabinet approved the PLI scheme for manufacturing components and sub-assemblies of air conditioners (ACs) and LED lights in April 2021 to bring manufacturing at the centre stage
The objective of the webinar is to sustain the momentum of Budget and synergising the initiatives taken by various stakeholders to boost manufacturing, exports and strengthening the MSMEs
Modi said it will also help boost exports and make MSMEs globally competitive.
As far as DPIIT's e-commerce policy is concerned, the department has circulated the latest draft policy to other government departments and ministries for consultation
LIC IPO: Currently, FDI of 74% is permitted in most Indian insurers. However, the rules don't apply to LIC as it is a special entity created by an act of parliament
LIC IPO: DPIIT will soon try to approach the Union Cabinet to seek its approval on changes in the FDI policy to facilitate disinvestment of LIC, a top government official said
Portal in testing phase, getting states on board still a challenge
'Through Gati Shakti, land-related problems can be resolved to a great extent', said Anurag Jain
DPIIT will soon approach the Cabinet to seek its approval on changes in the FDI policy to facilitate disinvestment of the country's largest insurer LIC, a top government official said on Wednesday.
The Department for Promotion of Industry and Internal Trade's (DPIIT) logistics division has been holding state-level conferences to explain the project
Press-note 3 requires that all investments from entities will have to be made under the 'approval route' and will require security clearance
"None of the e-commerce companies refuted the charges made by the CAIT and other associations," CAIT said in an official statement
The Department for Promotion of Industry and Internal Trade (DPIIT) on Tuesday held a meeting with different stakeholders, including domestic and foreign companies, on the proposed e-commerce policy, an official said. The meeting was attended by domestic and foreign e-commerce firms besides domestic traders body CAIT (Confederation of All India Traders) and associations related to the MSME sector, the official added. CAIT in a statement said the meeting was attended by All India Consumer Products Distributors Federation (AICPDF), Retailers Association of India, Laghu Udyog Bharti, and Federation of Indian Micro and Small & Medium Enterprises (FISME). Representatives of e-commerce firms, including Amazon and Flipkart, also attended the virtual meeting, which was chaired by DPIIT Additional Secretary Anil Agarwal, along with other senior officials of the ministry. Confirming his participation in the meeting, CAIT Secretary General Praveen Khandelwal said the e-commerce policy should
Alleges that FDI policy has been continuously violated by foreign-funded e-commerce firms right under govt's nose, no action taken against such companies so far
Investors are taking huge interest in the country's startup ecosystem and in the last one year, annual fundings into startups have increased from $11 billion to $36 billion
ONDC is expected to digitise the entire value chain, standardise operations, promote inclusion of suppliers, derive efficiencies in logistics and enhance value for consumers
Proposed national retail trade policy to support kirana stores
The facility had been set up last April amid second wave; DPIIT had also ironed out difficulties being faced by various stakeholders due to regional lockdown and curfew imposed by various states, UTs
The matter is being discussed with the Department of Financial Services and Department of Investment and Public Asset Management (DIPAM)
The dept has also been asked to carry out a comprehensive infrastructure gap analysis