DPIIT: GK, General Studies and Current Affairs

GoI permits up to 74% FDI under automatic route in Defence Sector

On September 17, 2020, the Government of India permitted Foreign Direct Investment of 74 percentage under automatic route in defence sector. This is being done to attract more overseas investors in the defence industry. Highlights Till date, the Government of India has permitted 100% foreign investments in the defence sector. Of this 49% were allowed under ..

Ranking of States on Support to Start-up Ecosystems

The Department for Promotion of Industry and Internal Trade (DPIIT) had conducted the second edition of the States’ Startup Ranking Exercise. The key objective of the exercise was to foster competitiveness and work proactively towards uplifting the startup ecosystem. States’ Startup Ranking Framework It comprises 7 broad reform area which consists of 30 action points ..

CII to create a ‘National strategy for future business’ along with DPIIT

Confederation of Indian Industry (CII) will create a ‘national strategy for future businesses’ together with the Department for Promotion of Industry and Internal Trade (DPIIT).  Future Business Group (FBG) which is an initiative by the CII will provide support to new business. The group will also provide policy inputs, identify new growth segments and establish international ..

DPIIT to appoint agency for scrutinising government tenders

The Department for Promotion of Industry and Internal Trade has decided to involve private agencies in order to scrutinize the tenders of the government for compliance with public procurement regulations that are meant for promoting ‘Make in India’ products in the world. The DPIIT has already floated a proposal in order to invite the proposals ..

Governing Council Meet of National Productivity Council held

The 49th Governing Council Meeting of the National Productivity Council was chaired by Minister of Commerce and Industry Shri Piyush Goyal. Highlights The meet of the National Productivity Council operating under DPIIT (Department of Promotion of Industry and Internal Trade) was held through video conferencing. The meet was attended by more than 180 participants. This ..