Page 2 - Dpiit

FDI policy: 'Bringing clarity to press-note 3 is a step in right direction'

Press-note 3 requires that all investments from entities will have to be made under the 'approval route' and will require security clearance

DPIIT officials, top e-tailers meet to discuss e-commerce policy

"None of the e-commerce companies refuted the charges made by the CAIT and other associations," CAIT said in an official statement

DPIIT holds meeting with various stakeholders on proposed e-commerce policy

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

Traders body CAIT asks govt for robust and unambiguous e-commerce policy

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

Annual investments into startups increase to $36 bn: DPIIT Secretary

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

Govt optimistic of taking ONDC global: Senior DPIIT official

ONDC is expected to digitise the entire value chain, standardise operations, promote inclusion of suppliers, derive efficiencies in logistics and enhance value for consumers

Insurance cover likely for traders under national retail trade policy

Proposed national retail trade policy to support kirana stores

DPIIT restarts control room to monitor delivery of essential goods

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

DPIIT to come out with revised FDI policy to facilitate LIC disinvestment

The matter is being discussed with the Department of Financial Services and Department of Investment and Public Asset Management (DIPAM)

Panel for Gati Shakti asks DPIIT to identify high-impact infra projects

The dept has also been asked to carry out a comprehensive infrastructure gap analysis

IT, pharma, electronics departments ask for top-up funds in PLI push

Govt sets up panel to look into demand after strong industry response

Over 25,000 compliances reduced to aid ease of doing biz: DPIIT

Over 25,000 compliances have been reduced by Union ministries, states and UTs so far to further improve ease of living and doing business, a top government official said on Wednesday. These compliances were reduced during the last phase of an initiative that ended on August 15 this year. Now, the Department for Promotion of Industry and Internal Trade (DPIIT), an arm of the commerce and industry ministry, has again started the initiative to further identify the pain points for businesses and common people and reduce or eliminate those burdens. To further improve ease of living and doing business, the DPIIT is conducting a National Workshop on the Next Phase of Reforms for Reducing Compliance Burden'' on December 22. The workshop is witnessing participation from across central ministries and states/Union Territories (UTs). "In the last phase, which ended on August 15 2021, more than 25,000 compliances were reduced...However this is not the end of the journey, there are still complia

Only 29 FDI proposals pending for approval as of today: DPIIT secy

The DPIIT Secretary also said those FDI proposals which deserve proper consideration under Press Note 3 (PN3) will be facilitated

DPIIT working on national retail policy: Union Minister Som Parkash

The minister said it is imperative to focus on creating an overarching retail policy for the country

Laminate industry approaches NITI Aayog, DPIIT for inclusion in PLI scheme

Providing benefits to the laminate sector will not only cement its position in the world market, but also expand its horizon to newer shores

Centre appoints two of its nominees on the board of govt-owned DFI

Addl Secy at Department of Financial Services, Pankaj Jain and Addl Secy at DPIIT Sumita Dawra have been nominated as directors on the board of NaBFID

42 of 52 companies selected under PLI scheme for white goods: DPIIT

The approved investments of Rs 4,614 cr are likely to generate net incremental production of Rs 81,254 cr and direct employment of 44,000 people

Gati Shakti to make policymaking effective, cut needless expenses: PM Modi

Projects will be designed and executed with a common vision across various ministries

Gati Shakti master plan: DPIIT to monitor, implement infra projects

The launch of the master plan is expected to boost infrastructure building by integrating key modes of transportation

DPIIT notifies 100% FDI in telecom sector via automatic route

The government on Tuesday notified its decision to permit 100 per cent FDI under automatic route in the telecom services sector.