Page-2 of Department of Industrial Policy and Promotion Current Affairs, GK & News

FDI norms for banks eased: DIPP

As per the Department of Industrial Policy and Promotion (DIPP), any kind of corporate debt restructuring or loan restructuring mechanism will not be considered as Foreign Direct Investment (FDI) in those banks which have foreign entities as majority shareholders. Earlier, any kind downstream investment by an Indian company that is owned by foreign entities into ..

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UP to test national eBiz project

The ebiz project of the Central government aims at catering to prospective investors and Uttar Pradesh is ready to play a pilot state in this eBiz Mission of the central government. UP govt will constitute a ‘Programme Management Committee’ headed by Infrastructure and Industrial Development Commissioner for timely execution of the project. Objective: To provide ..

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