At a meeting with Commerce Minister Nirmala Sitharaman on July 28, a number of start-up enterprises asked for easier access to tax benefits and more incubation facilities, among others. The Minister later told journalists that issues such as government funding and online selling of prescription d…
Tag: Department of Industrial Policy and Promotion (DIPP)
DIPP to coordinate Amazon’s training programme launchpad for entrepreneurs
Ecommerce major Amazon will provide its “Launchpad” services to startups and train them in marketing products as part of government’s plan to bring its expertise to Indian startups. The Department of Industrial Policy and Promotion (DIPP) will act as a coordinator and help organ…
Centre buffing package for leather sector to boost jobs
The Centre is planning a special package, incorporating labour reforms, subsidies and duty incentives, for the leather sector to boost investment, jobs and exports. The Department of Industrial Policy and Promotion (DIPP) — the nodal agency for the Indian Leather Development Programme (ILDP) — is…
DIPP to handhold startups, put them in touch with government
In a conversation a few months ago, Petroleum Minister Dharmendra Pradhan sought commerce Minister Nirmala Sitharaman’s help in collecting used oil at an industrial scale, which can be recycled and put to use again. The trend of recycling used oil from restaurants and homes that can be recy…
Over 400 entrepreneurs queue up for tax benefits
Over 400 budding entrepreneurs have filed applications with the Department of Industrial Policy and Promotion (DIPP) for recognition as innovative startups to avail tax breaks and other benefits. An inter-ministerial committee, which assessing such applications, has already considered 189 request…
Private incubators too may be allowed to certify startups
The government’s Department of Industrial Policy and Promotion (DIPP) will issue a notification to put in place a framework to enable private incubators certify startups as part of its Startup India plan making them eligible for tax benefits and other facilities, official sources told. R…
Government reviewing startup action plan’s progress
The government is reviewing the Startup Action Plan launched in January by Prime Minister Narendra Modi to assess if it is moving in the right direction. The Department of Industrial Policy and Promotion (DIPP) is collating the progress made on the plan and will share its report with the NITI Aay…
NASSCOM says IPR policy welcome step for IT industry & startups
The software industry body National Association of Software and Services Companies (Nasscom) welcomed the National intellectual property rights policy, which was approved by the Cabinet on May 13. Nasscom said it “applauds it (policy) for encompassing the entire value chain spanning across …
German SMEs to invest Rs 3,000 crore to set up projects in India
German Small and Medium Enterprises (SMEs) have pledged to invest over Rs 3,000 crore for the ‘Make in India’ initiative for setting up of new manufacturing plants and projects. The German SME’s (Mittelstand) have committed an investment of over Rs 3,000 crores for ‘Make I…
Vast investment opportunities in Haryana | CM Manohar Lal
Haryana Chief Minister Manohar Lal wooed investors during the ‘Haryana Investment Session’ a roadshow being held as part of the Make in India Week in Mumbai. The mega event is being organized by Confederation of Indian Industry (CII) in partnership with the Department of Industrial Policy and Pro…