FDI equity inflows into India contracted marginally by 1 per cent to $58.77 billion during 2021-22, according to official data.
DPIIT asked to nudge ministries to hold talks with beneficiaries
The Department for Promotion of Industry and Internal Trade (DPIIT) has also created a national master plan digital platform
Live news updates: A decision in April last year by President Gotabaya Rajapaksa to ban all chemical fertilisers drastically cut crop yields
During the entire 2020-21 financial year, the total FDI inflow was $81.72 billion, despite the disruption caused by the outbreak of the pandemic last year
Real-time transactions in retail and food delivery have started in Delhi, Bengaluru, Shillong
Civil servant says these places hold business opportunities and can help build startup ecosystem.
Department for Promotion of Industry and Internal Trade (DPIIT) Secretary also called upon startups to look for sustainable solutions for the problems being faced by the society at large
This will be followed by utilisation of unused funds and the possibility of reallocation to the government department and ministries, which need more amounts, will be assessed
It added that earning of rent/income on lease of a property, not amounting to transfer, will not amount to real estate business
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