Department of Industrial Policy & Promotion
500 high end companies of the World planning to invest in India In a recent development, the Government of India is planning to launch a systematic and well organized campaign promoting India to almost five hundred companies located all over the world. This decision has supplemented the efforts taken by the Prime Minister of India, [...] Continue Reading »
The Government is now trying to fast-track a decision on easing rules for foreign investments in the construction development sector. This decision was taken after liberalising foreign direct investment (FDI) norms in the defence sector and the Railways. This has received a good response from many countries and countries like Singapore, Japan and Russia have already [...] Continue Reading »
Easing the regulatory environment for doing business seems to be the prime agenda for the Commerce and Industry Minister Nirmala Sitharaman. She has sought the cooperation of States by cutting down on unnecessary paper work and approvals and making the environment ‘friendly’ for the businesses. An advisory has been sent to the Secretaries of all [...] Continue Reading »
The Department of Industrial Policy Promotion has recently come to a conclusion that it will work towards the simplification of the Land Acquisition Act. This will be done for the purpose of facilitating some investment and developing of the economy. Tiresome and difficult rules will be done away with in order to carry out the [...] Continue Reading »
Should the FIBB (Foreign Investment Promotion Board) remain with the Ministry of Finance or should the Department of Industrial Policy & Promotion (DIPP) take charge? This is a burning question of immense importance asked by the PMO (The Prime Minister’s Office) to the Cabinet Secretariat, say sources, keeping in mind it is the nation’s only [...] Continue Reading »
25 priority projects for the Chennai-Bangalore Industrial Corridor (CBIC) have been identified by the Japan International Co-operation Agency (JICA) in consultation with the Department of Industrial Policy & Promotion and three southern States. Majority of them are in Chennai and the rest will come up along the national highways of Karnataka and Andhra Pradesh.These projects [...] Continue Reading »
