Probe relates to wrong classification of rail supplies by bidders from July 2017 to June 2021
New e-commerce rules expand govt role in the business
Secretary in the Department of Industry and Internal Trade (DPIIT) Guruprasad Mohapatra died of Covid-19 related complications on Saturday
E-commerce policy expected to be finalised by end of June
The DPIIT has notified the government's decision to increase the foreign direct investment (FDI) limit in the insurance sector under the automatic route to 75 per cent from 49 per cent earlier
The objective of the scheme is to create a complete component ecosystem in India and make the country an integral part of global supply chains
As many as 50,000 startups have been recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) till date, an official statement said on Thursday.
DPIIT is considering changes in the current procurement norms to further increase the minimum local content requirement in public procurement tenders
Despite Covid shock, equity inflow grows 19%; Gujarat remains top recipient
Production and export commitments by 19 companies are much lower than government's projections
Provides telephone numbers, email for companies facing difficulties in distributing supplies
E-commerce firms also making arrangements to keep their supply chains running
The decision to restrict the industrial usage of oxygen has been taken to meet the rising demand for medical oxygen
The industry has been asked to send inputs in writing within a week to the government for further consultation
All central government departments and 14 state governments, to begin with, will be part of the system
The meeting, chaired by DPIIT Secretary Guruprasad Mohapatra, will also see participation of Reliance Jio, Snapdeal, Paytm Mall, and Swiggy
Officials are likely to meet over a dozen e-commerce companies
Currently, online retailers such as Amazon and Flipkart are the dominant players in this space, capturing around two-thirds of the market share, experts said
DPIIT will hold a host of meetings with industry and trader associations this month on issues pertaining to foreign direct investment in the e-commerce sector, an official said.
This is not the time that the government is emphasizing fair competition in the e-commerce space