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Monthly Archives: December 2022

Regulation of Digital Media

To help achieve the aim of making Internet Open, Safe and Trusted and Accountable and to regulate the intermediaries, including social media intermediaries, and in exercise of powers conferred by the Information Technology Act, 2000the Central Government has made the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. These rules cast specific obligation on intermediaries to observe ...

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Promotion of Semiconductor Industry

Government is very focused on its important objective of building the overall semiconductor ecosystem and ensure that, it in-turn catalyses India’s rapidly expanding electronics manufacturing and innovation ecosystem. Government has approved the Semicon India programme with a total outlay of INR 76,000 crore for the development of semiconductor and display manufacturing ecosystem in the country. The programme has further been ...

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Reforms in Telecom Sector

Government is committed to reforms in telecom sector. The Government has approved various structural and procedural reforms in the telecom sector. These reforms include Rationalization of Adjusted Gross Revenue; Rationalization of Bank Guarantees(BGs); Rationalization of interest rates and removal of penalties; Dispensing with the requirement of BGs (for auctions held after 15.09.2021) to secure instalment payments; Permission for surrender of ...

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Measures taken by Government to boost exports

The Government has taken the following measures to boost exports and reduce trade deficit: Foreign Trade Policy (2015-20) extended upto 31-03-2023. Interest Equalization Scheme on pre and post shipment rupee export credit has also been extended upto 31-03-2024. Assistance provided through several schemes to promote exports, namely, Trade Infrastructure for Export Scheme (TIES) and Market Access Initiatives (MAI) Scheme. Rebate ...

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Indian Footwear and Leather Development Programme (IFLDP)

Central Government on 19th January 2022, has approved the continuation of Central Sector Scheme ‘Indian Footwear and Leather Development Programme (IFLDP)’ till 31.03.2026 or till further review, whichever is earlier. Leather and Footwear industries are being benefitted through this programme. IFLDP has been approved for implementation with six sub-schemes and the details are as under: (i) Sustainable Technology and Environmental ...

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Department for Promotion of Industry and Internal Trade (DPIIT) recognized startups create over 8.6 lakh direct jobs since the launch of Startup India

Department for Promotion of Industry and Internal Trade (DPIIT) recognized startups have self-reported creation of over 8.6 lakh direct jobs as on 30th November 2022 since the launch of Startup India in 2016 The Government with an intent to build a strong ecosystem for nurturing innovation and startups in the country launched Startup India initiative on 16th January 2016. In order ...

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Initiatives taken by Department of Promotion of Industry and Internal Trade (DPIIT) to speed up patent applications and eliminate pendency

The Department has taken various initiatives to expedite the process of patent applications and eliminate pendency that includes manpower augmentation from time to time, setting up of feedback mechanism and appropriate legislative amendments. These includes, modernization of the Intellectual property (IP) offices with steady switchover from manual to computerized system of processing of applications, improved management of intellectual property (IP) ...

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‘Make in India 2.0’ focuses on 27 sectors

‘Make in India’ is an initiative which was launched on 25th September, 2014 to facilitate investment, foster innovation, build best in class infrastructure, and make India a hub for manufacturing, design, and innovation. It is one of the unique ‘Vocal for Local’ initiatives that promoted India’s manufacturing domain to the world. ‘Make in India’ initiative has significant achievements and presently focuses ...

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Paradip Port achieves another milestone by handling highest ever cargo traffic of 6,49,730 Metric Tonnes in a single day

Paradip Port achieved another milestone by handling highest ever cargo traffic of 6,49,730 Metric Tonnes in a single day on 14th December 2022. While congratulating Team PPA on this stupendous performance, Shri P.L.Haranadh, Chairman, PPA has also offered his heartfelt thanks to all Stakeholders for their constant support and immense contribution. This is to be noted that after dredging of ...

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Import of Food grains and Value-Added Food Products

Import as well as export of agri commodities including food-grains & value-added food products etc. are not carried out by the Central Government on its own account. Import/export of agri commodities is primarily undertaken by private entrepreneurs as per their commercial prudence, inter-alia, taking into account domestic demand/requirement. The details of import of food-grains and value-added food products like packed ...

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