Dpiit

Coronavirus Outbreak: DPIIT's control room resolves 1,739 issues of trade, industry during lockdown

All the senior officers of the DPIIT have been assigned specific states with which they continuously interact and urge upon the state functionaries to initiate action on pending issues.

Home, DPIIT secretaries talk to industry associations for speeding up economic, industrial activities: Govt

The DPIIT in a tweet said that the conference with industry associations was "to facilitate permits for industrial activities in order to boost economic activities."

Changes in FDI rules necessary to ensure no Indian entity is shortchanged during COVID-19 pandemic, especially by 'opportunist' China

With its new FDI rules, the Government of India has decided to ensure that the country comes out of the COVID-19 pandemic with its industries and entities intact and still in Indian control

Coronavirus Outbreak: Govt nod must for FDI from neighbouring countries, says DPIIT; move aims to curb 'opportunistic takeover' of Indian firms

The decision, which is likely to impact FDI from countries like China, has been taken to curb 'opportunistic takeovers or acquisitions' of domestic firms due to the current COVID-19 pandemic.

Coronavirus Outbreak: DPIIT suggests Home Ministry permit limited activity in select sectors with safeguards

Big companies with proper sanitation and distancing norms in place in sectors such as textiles, automobiles and electronic manufacturing—20 percent to 25 percent capacity in single shift—may be considered to start with, according to the letter.

Coronavirus Outbreak: DPIIT to monitor real-time status of transport, delivery of essential commodities

The Department for Promotion of Industry and Internal Trade (DPIIT) has set up a control room to monitor in real-time the status of transportation and delivery of essential commodities amid the coronavirus lockdown in the country

Govt likely to provide tax incentives for startups in forthcoming Budget to support budding entrepreneurs

The Department for Promotion of Industry and Internal Trade has suggested several measures to the finance ministry for startups in the Budget.

Govt mulls single application form, investment clearance cell to woo investors; likely to set timelines for approvals

The department is also considering framing law for the proposed investment clearance cell and defined timelines for approvals for central departments.

India hopes to continue FDI growth story in 2020; Centre, states working to provide stable policies for entry of foreign firms

Although the FDI is allowed through automatic route in most of the sectors, certain areas such as defence, telecom, media, pharmaceuticals and insurance, government approval is required for foreign investors.

WhatsApp to invest $250,000 in partnership with Startup India to boost Indian startup community

Ever since WhatsApp Business has gone live, around 1 million small and medium businesses have registered on WhatsApp Business in India.