Department for Promotion of Industry & Internal Trade (DPIIT). Current Affairs, GK & News

Make in India completes 8 years

The Indian Government’s Make India initiative has completed eight years. Key facts The government’s flagship initiative has helped 27 sectors to make significant progress, including manufacturing and services sectors. It has doubled the annual foreign direct investment to 83 billion USD. With this, India is expected to attract 100 billion USD in FDI this fiscal. ..

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Swachh Toycathon Competition

Swachh Toycathon Competition was recently launched by Central Government. Key facts Swachh Toycathon was launched by the Ministry of Housing and Urban Affairs under the Swachh Amrit Mahotsav. It is being hosted on MyGov’s Innovate India portal. The knowledge partner of this initiative is Center for Creative Learning, IIT Gandhinagar. This competition integrates the National ..

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Swachhata Start-Up Challenge

Swachhata Start-Up challenge was launched to increase innovation in waste management. It was launched by the Agence Francaise de Developpment, AFD and the Department of Promotion of Industry and Internal Trade, DPIIT. The AFD is a French public financial institution. It implements the policies of the French Government. The top ten winner of the challenge ..

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Foreign direct investment in LIC

The Government of India recently decided to allow 20% Foreign Direct Investment (FDI) in LIC (Life Insurance Corporation). This is to be done by amending the Foreign Exchange Management Rules (FEMA). What is the plan? The DFS, DIPAM are to create a plan to amend the FDI in insurance sector after consulting DPIIT. DFS is ..

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QCI sets up expert team to execute proposed ONDC

Indian government is to set up a private sector-led non-profit company to fast-track the implementation of proposed “Open Network for Digital Commerce (ONDC) initiative”. Key Points Open Network for Digital Commerce Initiative will be implemented by the Department for Promotion of Industry & Internal Trade (DPIIT). Entity is also expected to provide a start-up mindset, ..

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