Page 3 - Industrial Policy
Govt to unveil new industrial policy, may entail design & innovation: DIPP
Among other things, the policy would endeavour to reduce regulations and bring new industries in focus
 "Govt to unveil new industrial policy, may entail design & innovation: DIPP")
Govt working on new industrial policy to develop frontier technologies
The government is working on a new industrial policy with a view to promoting and developing frontier technologies, innovation and enhancing competitiveness of domestic products. "With the changing manufacturing scenario, introduction of new technologies, innovation, R&D, artificial intelligence and automation, there is a need to completely revamp the industrial policy of 1991. We are working on that," a senior official said. The official said the new policy would focus on several areas like ways to encourage innovation, further simplification of taxation system and address new challenges of the manufacturing sector. It would also be aligned with the government's flagship programmes such as Make in India, Skill India, Startup India and the foreign direct investment policy. The Department of Industrial Policy and Promotion (DIPP), under the commerce and industry ministry, is working on this proposal. "The draft of the new policy should be ready by September this year," the ...
 "Govt working on new industrial policy to develop frontier technologies")
