Madhya Pradesh, which had emerged fifth last year in the department of industrial policy and promotion’s (DIPP) ease of doing business rankings among states, is facing tougher competition this year. In the real time ranking of the states based on business reform action plan made available on DIPP…
Tag: DIPP
Make in Odisha: 800 Cos register to participate
Bhubaneswar: As many as 800 companies from across the globe have evinced interest to participate in the three-day ‘Make in Odisha’ conclave scheduled to be held here from November 30 to December 2. It would be organised under the joint aegis of Government of Odisha and Department of Industrial Po…
Ease of doing business: India banks on ‘remarkable work’ to improve World Bank ranking
As the World Bank looks set to release its annual ranking of countries in the ease of doing business later this week, India expects to improve its position from last year’s 130 out of 189 economies. The optimism stems from the fact that, for a second straight year, the country expects its ranking…
Odisha lines up sectoral policy launches before ‘Make in Odisha’ meet
The Odisha government has lined up policies launches prior to ‘Make in Odisha’ conclave to be held on December 1 and 2, aimed at attracting investments to the state. The sector specific policies to be launched are: Textiles and Apparel policy, Pharmaceuticals policy, Biotechnology pol…
Why ‘Make in India’ is so imperative to India’s Growth
Make in India is an initiative of the Government of India. It was launched by the Indian Prime Minister, Narendra Modi on 25 September 2014. Under the ‘Make in India’ initiative, the government has, since its inception, announced several steps to improve the business environment by ea…
DIPP proposes collateral free loan for start-ups under a ‘Credit Guarantee Scheme’
The Indian government lately shifted its focus upon nurturing startups which can generate jobs for the masses. The govt. has eased several processes related to the registration and initial operation of these companies. The GOI also set up a Rs. 10,000 crore ‘Fund of Funds for Startups’. Now, in a…
Entrepreneurs head to Uttar Pradesh for the National Start-up Fest
Poll-bound Uttar Pradesh has one more thing coming its way from the Centre — it has emerged as top contender to host the National Startup Fest. Originally planned to be held in Hyderabad, the industry department is now considering Uttar Pradesh as its preferred choice, with the industrial city of…
Finance Ministry backs easing curbs on FDI in e-Commerce
The Finance Ministry has backed the scrapping of restrictions on ecommerce companies that have overseas investment, such as those on directly offering discounts to customers, said an official. “This condition (directly or indirectly influencing discounts) is arbitrary,” the person sai…
DIPP taking steps to resolve problems faced by start-ups: Ramesh Abhishek
The industry department has identified roadblocks faced by start-ups and is in talks with other departments to resolve the issues to provide favourable policies for budding entrepreneurs. “We have identified a number of problems of the start-ups”, Department of Industrial Policy and Promotion (DI…
Govt to consider 21 start-up tax-relief proposals
In pursuance of its policy to encourage start-ups in areas beyond IT, the government on October 3 to take up proposals for tax relief for 21 companies from diverse sectors such as healthcare, bio-tech, metal castings and animal husbandry. Two proposals for incubators will also be considered by th…