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Author Archives: IIPnews

New Airports Constructed and Upgraded

The Government has accorded ‘In-principle approval’ for setting up of 21 Greenfield Airports across the country. So far nine (9) Greenfield airports have already been operationalized and tenth Greenfield airport at MoPA, Goa has been inaugurated on 11.12.2022. Since the year 2018, seven (7) Greenfield airports namely Pakyong (Sikkim), Kannur (Kerela), Kalaburagi (Karnataka), Sindhudurg (Maharashtra), Kushinagar (Uttar Pradesh), Orvakal (Andhra ...

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25 Airports Authority of India airports have been earmarked for leasing over the years 2022 to 2025.

As per National Monetization Pipeline (NMP), 25 Airports Authority of India (AAI) airports namely Bhubaneshwar, Varanasi, Amritsar, Trichy, Indore, Raipur, Calicut, Coimbatore, Nagpur, Patna, Madurai, Surat, Ranchi, Jodhpur, Chennai, Vijayawada, Vadodara, Bhopal, Tirupati, Hubli, Imphal, Agartala, Udaipur, Dehradun and Rajahmundry have been earmarked for leasing over the years 2022 to 2025. AAI has leased out eight of its airports under ...

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Policy for Promotion of Software Exports

As per National Association of Software & Services Companies (NASSCOM), exports from Indian Information Technology/ Business Process Management (IT/ BPM) sector over the last three years are as under: S. No. Financial Year (FY) Exports (in USD Billion) 1. 2019-20 149 2. 2020-21 152 3. 2021-2022(E) 178   The contribution of different states to software exports by Software Technology Parks ...

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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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