Sustained Government efforts in this direction have resulted in increasing the   number of recognized Startups from 452 in 2016 to 84,012 in 2022 (as on 30th November 2022), Minister of State for Commerce and Industry, Shri Som Parkash said in reply to a parliamentary question today. The Government with an intent to build a strong ecosystem for nurturing innovation and ...

In the last five years (years 2017, 2018, 2019, 2020 and 2021) 59,787 entities were recognised as startups by the DPIIT, Minister of State in the Ministry of Commerce and Industry, Shri Som Parkash said in reply to a parliament question. Under Startup India Initiative, entities are recognized by the Department for Promotion of Industry and Internal Trade (DPIIT) as ...

The reforms taken by Government have resulted in increased Foreign Direct Investment (FDI) inflows in the country. FDI inflows in India stood at US $ 45.15 billion in 2014-2015 and have continuously increased since then, and India registered its highest ever annual FDI inflow of US$ 84.84 billion (provisional figures) in the financial year 2021-22, Minister of State for Commerce ...

Taking a major step to boost exports, Centre today further expanded the scope of RoDTEP Scheme (Remission of Duties and Taxes on Exported Products) by including the exports made from the Chemical sector, Pharmaceuticals sector and exports of articles of iron & steel under chapters 28, 29, 30 and 73 of ITC(HS) schedule of items. The expanded list of items will be applicable ...

Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal today said that the National Single Window System (NSWS) would help realize Prime Minister Shri Narendra Modi’s vision of transforming red tape to red carpet. He was addressing a press conference after a review meeting on National Single Window System in New Delhi ...

INDEX OF EIGHT CORE INDUSTRIES (BASE: 2011-12=100) FOR OCTOBER, 2022 The combined Index of Eight Core Industries increased by 0.1 per cent (provisional) in October 2022 as compared to the Index of October 2021. The production of Fertilizers, Steel, Coal and Electricity generation increased in October 2022 over the corresponding month of last year. ICI measures combined and individual performance of production ...

Patent applications filed by Startups increases from 179 in 2016-17 to 1500 in 2021-22; Trade Mark applications filed by Startups increases from 4 in 2016-17 to 8649 in 2021-22 To protect and promote Intellectual Property Rights (IPR) of Startups and to encourage innovation and creativity among them, Government of India had launched a Scheme for facilitating Start-Ups Intellectual Property Protection ...

A total of 13,92,265 Electric Vehicles (EVs) are being used on the roads of India as on 3rdAugust, 2022 as per the information received from Ministry of Road Transport and Highways. The details are as under: Sl. No. Vehicle Category No. of electric vehicles 1 Two Wheeler 5,44,643 2. Three Wheeler 7,93,370 3. Four wheeler and above 54,252 Grand Total ...

The Department implements the scheme “Promotion of Medical Devices Parks”, with a total financial outlay of Rs. 400 crore and the maximum assistance under the scheme for one Medical Device Park would be limited to Rs. 100 crore. The tenure of the scheme is from FY 2020-2021 to FY 2024-2025 and the selected Medical Device Park project will be implemented ...

The combined Index of Eight Core Industries increased by 12.7 per cent (provisional) as compared to the Index of June 2021. The production of Coal, Cement, Electricity, Refinery Products, Fertilizers, Steel, and Natural Gas industries increased in June 2022 over the corresponding period of last year. ICI measures combined and individual performance of production in selected eight core industries viz. Coal, Crude ...