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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 ..
Month: Current Affairs - September, 2020
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’ ..
Month: Current Affairs - September, 2020
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 ..
Month: Current Affairs - September, 2020
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 ..
Month: Current Affairs - August, 2020
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) ..
Month: Current Affairs - June, 2020
June 9: World Accreditation Day
Every year, the World Accreditation Day is celebrated on June 9. The initiative of celebrating the day was launched by the International Accreditation Forum (IAF) and the International Laboratory Accreditation Cooperation (ILAC). This year the day was celebrated under theme ..
Month: Current Affairs - June, 2020