DPIIT Secretary Guruprasad Mohapatra said that the ease of doing business ranking of states and UTs for next year would be released by March 2021.
Delhi jumps from 23rd position to 12th rank, Odisha see steepest decline of 15 ranks
The exercise is aimed at triggering competition among states to improve business climate in order to attract domestic and global investors
Will provide policy inputs, identify new growth segments and set up international partnerships; wants govt to invite other nations to participate
The Centre's Department for Promotion of Industry and Internal Trade (DPIIT) portal has data of 3,275 industrial clusters covering 419,047 hectares
Move will mostly affect Chinese companies who will have to register with the DPIIT
The bidders are also required to submit an application for security clearance, as per the format
The Ministry of Corporate Affairs has started discussions with RBI, Sebi, and DPIIT
Officials from commerce department, Reserve Bank of India and revenue department are expected to participate
The new scheme would replace the existing Merchandise Exports India Scheme (MEIS), introduced in April 2015
DPIIT will rope in a consulting agency to scrutinise tenders of government procuring entities for compliance with public procurement regulations that aim at promoting 'Made in India' products.
During the meeting, Goyal urged to take measures to generate confidence in industry of corruption free and transparent procurement environment on Indian Railways
As per the current FDI policy, 100 per cent overseas investments are permitted in the defence industry -- 49 per cent under the automatic route, while beyond that the government approval is required
The minister said that new industrial policy and forest policy would be brought out soon, along with further forms in the mining sector
E-commerce firms ask govt at least 3-5 months to be able to keep technology platform ready to enable sellers to display country of origin for new and old listings
The sources said the matter involves certain changes related to packaging of the product "the DPIIT would discuss the issue with the consumer affairs ministry".
DPIIT, which hosted an online meeting of e-commerce players on Wednesday, wanted the changes to be implemented by the end of July
Three consultancy agencies - PricewaterhouseCoopers, Ernst & Young, and KPMG Advisory, have qualified the technical evaluation round for assisting the Department for Promotion of Industry and Internal Trade (DPIIT) in effective and on ground implementation of initiatives for startups. In March, the department had invited a request for proposal (RFP) for the appointment of a consulting agency for Startup India, following which four consultancy firms bid. According to the minutes of a meeting that was held on June 26 to evaluate the preliminary proposals, these three firms have scored more than 60 marks and are found to be technically qualified. The evaluation committee, Chaired by DPIIT Joint Secretary Anil Agrawal, has "decided to open financial bids for all the qualified applicants on July 6". The minutes stated that Grant Thornton India LLP has failed to obtain minimum marks for technical qualification and "hence disqualified for the opening of its financial bid". The ...
A company source has stated there was no disconnect with the idea, but the firms have to check with their technology teams to figure out how long it will take to get this done
While the forum is advocating India not just as a preferred market but also as an export hub, many member firms have raised concerns about sudden policy changes impacting inbound global investments.