Topic: Department for Promotion of Industry and Internal Trade
Business Reforms Action Plan (BRAP), 2020
On June 30, 2022, Union finance minister Nirmala Sitharaman released the ‘Business Reforms Action Plan (BRAP), 2020’, and presented assessment report of states and union territories. Key Points...
Amendment in FEMA Rules for LIC
The rules of the Foreign Exchange Management Act (FEMA) have been amended by the government to pave way for up to 20 per cent of foreign direct investment...
India’s FDI Inflow in April-Dec 2021
According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), during April-December 2021, India’s Foreign direct investment (FDI) equity inflows contracted by 16 percent...
J&K FDI Policy
Jammu & Kashmir’s Lieutenant Governor Manoj Sinha has approved a foreign direct investment (FDI) policy for the union territory with a foreign stake of a minimum of 51...
Start-up India Innovation Week
The Department for Promotion of Industry and Internal Trade (DPIIT) is going to organise “Start-up India Innovation Week” during January 10-16, 2022. Start-up India Innovation Week Start-up India Innovation Week...
DPIIT notifies 100% FDI in insurance intermediaries under automatic approval route
The Department for Promotion of Industry and Internal Trade (DPIIT) recently notified that 100 per cent FDI is allowed in insurance intermediaries under automatic approval route. The FDI...
Productivity Day celebrated on 12th February
National Productivity Council (NPC) is an institution for propagating productivity movement in India, which functions under the Department for Promotion of Industry and Internal Trade (DPIIT), Union Ministry...
Paperless licensing for Petroleum Service Stations launched
The Prime Minister of India, Narendra Modi led government announced a gift by launching Paperless licensing for petroleum service stations. The gift is in terms of Digital India...
Startup Advisory Council planned by Government
To further boost startups in the country by removing longstanding roadblocks, the Central Government has planned to set up a Startup Advisory Council comprising of some of the...
DPIIT invites applications for first ever National Startup Awards 2020
The Department for Promotion of Industry and Internal Trade (DPIIT) under the Union Ministry of Commerce and Industry has announced institution of first ever National Startup Awards. The...
DPIIT establishes Development Council for Bicycle
Department for Promotion of Industry and Internal Trade (DPIIT) under Union Ministry of Commerce and Industry has set up a Development Council for Bicycle. The council has been...