Page 6 - Dpiit

Govt's portal with data on land banks launched, but experts wary

The Centre's Department for Promotion of Industry and Internal Trade (DPIIT) portal has data of 3,275 industrial clusters covering 419,047 hectares

Public procurement: Bidders from neighbours to require security clearance

Move will mostly affect Chinese companies who will have to register with the DPIIT

DPIIT releases registration format for bidders from neighbouring countries

The bidders are also required to submit an application for security clearance, as per the format

Ease of doing biz: Govt proposes unified compliance platform for India Inc

The Ministry of Corporate Affairs has started discussions with RBI, Sebi, and DPIIT

DPIIT calls for inter-ministerial meet on royalty payments on Aug 25

Officials from commerce department, Reserve Bank of India and revenue department are expected to participate

PLI scheme to be expanded to furniture, leather sectors as MEIS wounds up

The new scheme would replace the existing Merchandise Exports India Scheme (MEIS), introduced in April 2015

Appointing agency to check govt tenders for procurement compliance: DPIIT

DPIIT will rope in a consulting agency to scrutinise tenders of government procuring entities for compliance with public procurement regulations that aim at promoting 'Made in India' products.

Railways to insert clause in procurement process to promote local vendors

During the meeting, Goyal urged to take measures to generate confidence in industry of corruption free and transparent procurement environment on Indian Railways

DPIIT to approach govt for 74% FDI in defence through auto route: Report

As per the current FDI policy, 100 per cent overseas investments are permitted in the defence industry -- 49 per cent under the automatic route, while beyond that the government approval is required

FDI norms to be eased further, other economic reforms in pipeline: Goyal

The minister said that new industrial policy and forest policy would be brought out soon, along with further forms in the mining sector

Govt proposes two dates for e-commerce cos on displaying country of origin

E-commerce firms ask govt at least 3-5 months to be able to keep technology platform ready to enable sellers to display country of origin for new and old listings

DPIIT may discuss 'country of origin' tag for e-sale with Consumer Ministry

The sources said the matter involves certain changes related to packaging of the product "the DPIIT would discuss the issue with the consumer affairs ministry".

E-commerce firms begin work to list 'country of origin' labels on products

DPIIT, which hosted an online meeting of e-commerce players on Wednesday, wanted the changes to be implemented by the end of July

3 agencies qualify tech round for assisting DPIIT in start up initiatives

Three consultancy agencies - PricewaterhouseCoopers, Ernst & Young, and KPMG Advisory, have qualified the technical evaluation round for assisting the Department for Promotion of Industry and Internal Trade (DPIIT) in effective and on ground implementation of initiatives for startups. In March, the department had invited a request for proposal (RFP) for the appointment of a consulting agency for Startup India, following which four consultancy firms bid. According to the minutes of a meeting that was held on June 26 to evaluate the preliminary proposals, these three firms have scored more than 60 marks and are found to be technically qualified. The evaluation committee, Chaired by DPIIT Joint Secretary Anil Agrawal, has "decided to open financial bids for all the qualified applicants on July 6". The minutes stated that Grant Thornton India LLP has failed to obtain minimum marks for technical qualification and "hence disqualified for the opening of its financial bid". The ...

E-comm firms to meet govt over mentioning 'country of origin' on July 8

A company source has stated there was no disconnect with the idea, but the firms have to check with their technology teams to figure out how long it will take to get this done

US firms look for stable policy to make India hub: USISPF's Mukesh Aghi

While the forum is advocating India not just as a preferred market but also as an export hub, many member firms have raised concerns about sudden policy changes impacting inbound global investments.

E-commerce firms ready to comply on 'country of origin' after DPIIT meeting

The companies have been told to come back for the next meeting in about two weeks and provide suggestions and provide information about the challenges they may face to implement the said feature

Draft e-commerce policy soon, to be stricter on data norms and discount

Pricing - a prime complaint of domestic retailers - is set to be the focus, with the government considering an annual review of discounts given by e-marketplaces.

Govt wants 'origin of products' displayed, calls e-commerce firms for meet

This follows the Government e-Marketplace (GeM) platform making it mandatory for its listed sellers to specify the country of origin while registering all new products on the portal

Blocking Chinese funding will adversely impact Indian start-ups: GlobalData

GlobalData said Chinese investors have been making their presence felt in a big way in the Indian start-up ecosystem over the last few years.