Draft Statement on Industrial Policy 2022

The Department for Promotion of Industry and Internal Trade (DPIIT) in India is currently working on a new industrial policy that aims to increase financing options for industry and promote the “Made in India” brand. This policy, titled the “Statement ..

Month: Current Affairs - January, 2023

Category: Economy & Banking Current Affairs

Kerala’s Draft Industrial Policy

Kerala recently unveiled a draft industrial policy. Key features The new industrial policy would be released in January 2023 and it will be effective from April 1 of the same year. The draft industrial policy focuses on upgradation of skills ..

Month: Current affairs - September, 2022

Category: Economy & Banking Current Affairs • India Nation & States Current Affairs

Andhra Pradesh announced its new Industrial Policy 2020-23

The Andhra Pradesh government has announced its new industrial policy that has a focus on the MSME sector. The policy explicitly supports the MSME sector in the state for its development and growth in the state. This policy will be ..

Month: Current Affairs - August, 2020

Gujarat launches Industrial Policy 2020

Gujarat Industrial Policy 2020 has been unveiled by the state that aims to provide an estimated Rs 40000 crores as subsidies to the industries within the next five years. The new policy is aimed at leasing out government land to ..

Month: Current Affairs - August, 2020

2019 World Day For Safety And Health At Work

The World Day For Safety And Health At Work is observed every year on 28th of April by the International Labour Organization (ILO) to promote safe, healthy and decent work. The day marks the need and awareness of a safe ..

Proceeds from Disinvestments exceeds Target

The proceeds from the disinvestments have exceeded the disinvestment target for the fiscal 2018-19 by Rs 5,000 crore taking the total proceeds to Rs 85,000 crore against the targeted Rs 80000 Cr. Disinvestments Disinvestment refers to the process of public asset ..

Month: Current Affairs - March, 2019

Government to release new industrial policy

The Department of Industrial Policy and Promotion (DIPP) under the Commerce and Industry Ministry is going to release a new industrial policy by October 2017. It is expected to replace National Manufacturing Policy (NMP) released in 2011 The new policy ..

Month: Current Affairs - August, 2017

Industrial Growth in India From 1950 to 1991

Form or Structure of Industries, which is existing in a country, is known as Industrial Structure. Nature of Industrial Structure is not static. It is changeable from time to time. Present Structure of Indian Industries is different than earlier. The ..

License Raj, IDA Act and Other Policies Till 1991

Industrial Policy (1956) was reformed several times before the new Industrial policy 1991 was launched. This was a watershed moment for Indian Economy ending the license Raj and ushering India into liberalization, privatisation and globalization. Before we move ahead, it’s ..

Current Industrial Licensing Policy in India

Industrial Licensing was also abolished for all except short list of 18 industries in New Industrial Policy 1991. This number was further pruned to six industries. Currently (2015), only five industries are under compulsory licensing mainly on account of environmental, ..