DPIIT OFFICIALS

Startup Inc’s calls to do away with angel tax have found support from the government. This and more in today’s ETtech Top 5.

The government is optimistic about its plan to have at least one registered startup in all 785 districts of the country, industry department officials said. With only 20-25 districts remaining without a startup, the goal is expected to be achieved w...

The Department for Promotion of Industry and Internal Trade (DPIIT) Secretary Rajesh Kumar Singh chaired a meeting discussing various initiatives to enhance ease of doing business. These include Jan Vishwas 2.0 aimed at reducing compliance burdens a...

Several government departments have begun accepting applications for quarterly disbursements of incentives under the Production Linked Incentive (PLI) schemes to expedite claims processing, according to a senior official. The Department for Promotio...

In its action plan for the first 100 days, the DPIIT will focus on early-stage startup funding and a lesser burden of compliance for businesses. More on this on today’s ETtech Top 5.

The Department for Promotion of Industry and Internal Trade (DPIIT) in India is planning to focus on easing early-stage funding for startups, reducing compliance burdens, and reducing logistics costs as part of its 100-day action plan. The plan incl...

In the interim Budget in February, the Commerce and Industry Ministry has recommended an outlay of Rs 3,489 crore for the Production Linked Incentive (PLI) scheme for toys to boost domestic manufacturing of the sector.

Senior officials from the Commerce and Industry Ministry, Walmart group firm Flipkart, and domestic toy makers will discuss ways to enhance India's position in the global toy supply chain and increase sourcing on the e-commerce platform.

Many Indian companies need Chinese expertise for execution of certain phases of projects. But visa issues don't allow these entities to avail the services of these workers when they need it. The Indian govt is seized of the problem and is now planni...

Differences have erupted between DPIIT and IT ministry over listing electronic consumables (printer cartridges, toners, cables) in public procurement preference list.

The new government may announce the full Budget for 2024-25 in July. An official said that startups have to convert their innovation into intellectual property rights and for that extensive R&D is required.

The commerce and industry ministry may propose a dedicated policy for deep tech startups in the forthcoming Budget, to be announced by the new government. The policy, in final stages, aims to promote innovation and R&D. Voting for the Lok Sabha poll...

Foreign direct investment (FDI) equity inflows into India decreased by 3.49% in FY23 to $44.42 billion from $46.03 billion in FY22, according to official data. Singapore was the top source of foreign inflows, followed by Mauritius and the US. FDI in...

To safeguard the domestic small/micro industries and ensure smooth implementation of the QCO and ease of doing business, relaxations have been granted to small/micro industries as regards to timeliness. An additional nine months have been given to s...

The Enforcement Directorate raided retired IAS officer Ramesh Abhishek's premises in a money laundering probe linked to his tenure at the Department for Promotion of Industry and Internal Trade (DPIIT) and subsequent FIR by the Central Bureau of Inv...

ULIP integrates with 37 systems via 118 APIs. Private sector participation with 900 registered companies has led to over 35 crore API transactions. DPIIT Secretary Rajesh Kumar Singh highlighted ULIP's transformative impact on the logistics sector.

The government-backed initiative ONDC in the e-commerce sector onboarded five lakh sellers, primarily small and medium sellers. Secretary Rajesh Kumar Singh from DPIIT mentioned facilitating 7.22 million transactions in April. The initiative aims to...

An analysis by DPIIT reveals 1,366 government tenders worth Rs 60,276 crore non-compliant with procurement norms; 369 tenders violated Make in India Order, 40 sought specific foreign certification. DPIIT recommends increasing local content requireme...

Government plans a survey with NCAER to estimate logistics costs accurately for businesses. DPIIT aims to improve World Bank Logistics Performance Index. The survey will provide insights into transportation costs and administrative bottlenecks.