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…
Tag: Nirmala Sitharaman
Govt in dilemma over curbs on cheaper imports: Nirmala Sitharaman
Union Minister of State (Independent Charge) for Commerce and Industry, Nirmala Sitharaman, has said that the government is in a dilemma over the issue of imposing restrictions on cheaper imports, since a section of the Small and Medium Enterprises (SMEs) are achieving global competency by using …
Nirmala Sitharaman launches UberPitch challenge for start-ups
Commerce and Industry Minister Nirmala Sitharaman launched cab aggregator Uber’s challenge — UberPITCH — in a bid to reach out to budding entrepreneurs of tier-II cities. The challenge was launched under the Uber Exchange programme for 28 cities across India with a focus on tier-II cities. Shortl…
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…
Ease of doing business: 12 states implement 75% of reforms
As many as a dozen states, including Uttarakhand, Rajasthan and Jharkhand, have implemented 75% of the reform initiatives under the ease of doing business programme, reflecting positive sentiments, Commerce Minister Nirmala Sitharaman said on September 22. These three states are followed by Telan…
Recommendations to raise tax holiday sent to Fin Min: Nirmala Sitharaman
Union Minister Nirmala Sitharaman said her Ministry has recommended the Ministry of Finance to raise tax holiday for start-ups from three years to seven with a sense of constructive and positive approach, and was awaiting a response. “They (Finance Ministry) have received the recommendation…
MSME sector key to boosting exports: Nirmala Sitharaman
The government is looking towards small and medium enterprises (SMEs) for revival of exports, Commerce and Industry Minister Nirmala Sitharaman told in an interview. Asked whether she was worried about the dip in exports, Sitharaman said it was no longer a cause for worry. She said that the goal …
Govt taking a relook at ‘Free Trade Agreements’: Nirmala Sitharaman
Government is reviewing FTAs that India has signed with trading partners after the industry voiced concerns about benefits of these pacts for domestic players. Commerce and Industry Minister Nirmala Sitharaman said many industry representatives have conveyed that free trade agreements (FTAs) sign…
Govt to strengthen ways to fix e-commerce complaints
Government decided to add some muscle to the mechanism for resolving growing complaints against e-commerce players and warned them of stringent action for not responding to its queries on customer grievances. Nearly 46 companies, including Flipkart, Xiaomi, Olx.in and Bookmyoffer.com, have not be…
US to bring SME best practices, tech to India; encourage start-ups
India and US decided to share best practices and technology in the Small and Medium Enterprises (SME) sector while the latter will bring its ‘Silicon Valley to India’ to encourage start-ups here. The two countries held their second Strategic and Commercial Dialogue (S&CD) in New D…