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DIPP constitutes 6 groups for preparing new industrial policy

The commerce and industry Ministry has constituted six groups for preparing a framework for the country’s new industrial policy that includes taxation, MSME and innovation, among others. The Department of industrial Policy and Promotion (DIPP), under the commerce ministry, is working on thi…

Govt working on new industrial policy

Govt working on new industrial policy to enhance domestic products

The government is working on a new industrial policy with a view to promoting and developing frontier technologies, innovation and enhancing competitiveness of domestic products. “With the changing manufacturing scenario, introduction of new technologies, innovation, R&D, artificial int…


Ministries to decide on FDI proposals within 60 days: FinMin

The government has said post the abolition of the FIPB, Ministries will have to decide on FDI proposals within 60 days of the application and any rejection will need concurrence of the DIPP. India had, in May, scrapped the 25-year old foreign investment advisory body FIPB as it looks to attract m…