Industrial Policy Order Sl.4 dated 29/07/2016
In exercise of the powers conferred by sub-section (1) of Section 9 of the Industries (Development and Regulation) Act, 1951 (65 of 1951), the Central Government hereby rescinds the Order of the Government of India in the erstwhile Ministry of Industry, Department of Industrial Development, number S.O. 125(E) dated 24th February, 1993, published in the Gazette of India, Extraordinary, vide number S.O. 125(E) dated 24th February, 1993, except as respects things done or omitted to be done before such rescission. Sd/-(Ravneet Kaur)Jt. Secy. S.O.2625(E)F.No.22(11)/2016-CementIssued by:Ministry of Commerce and Industry(Department of Industrial Policy and Promotion)New Delhi
Karnataka eyes over Rs.2.5 lakh cr from global investors meet
The government hopes to mobilise investments in 116 investible projects identified already Source: PTI The CM said that the state would reach the targets set in the new 2014-19 industrial policy, one year ahead of the timeframe Betting big on the upcoming global investors meet, the Karnataka government is looking to attract twice the Rs.1.30 lakh crore investment it has wooed in the last two years. Ahead of the three-day mega event, Invest Karnataka 2016, beginning in Bengaluru on February 3, Chief Minister Siddaramaiah told reporters that with a thriving eco-system for investment the state’s expectations were “realistic”. Several mega investment projects would be announced at the meet. Besides, the government hopes to mobilise investments in 116 investible projects identified ...
FDI upto 100% in White Label ATM Operations under automatic route.
Dated October 1st, 2015 | Press Note No.11 (2015 SERIES) | The Government of India has reviewed the extant FDI Policy and decided to allow Foreign Investment up to 100% in White Label ATM Operations, under the automatic route. Accordingly, a new sub-para 6.2.18.8.3 in the paragraph 6.2.18.8 of the Consolidated FDI Policy Circular is added in the following manner:- 6.2.18.8 Non-Banking Finance Companies (NBFC) 2. The above decision will take immediate effect. Sd/- (Atul Chaturvedi) Joint Secretary to the Government of India D/o IPP File No.: No.5/4/2013-FC-I Issued by: Ministry of Commerce & Industry Department of Industrial Policy & Promotion New Delhi
Government committed to ease of doing business: Commerce Minister
The Dollar Business Bureau The Union Commerce Minister, Nirmala Sitharaman, on Wednesday, informed about various measures being taken by the Government of India towards improving industrial policy and ensuring an ‘ease of doing business’ environment. A number of steps have been taken by the government to provide ‘ease of doing business’, rules and regulations have been simplified and various products are taken off from licensing requirements, informed the Minister. Further stating that the government intends to provide robust infrastructure to the business, the Union Minister said the development of industrial corridors and smart cities are to provide a conducive working environment with the state-of-the-art technology. The Minister further informed that 25 Industry related Ministries are working on sector-specific targets which ...
Industrial Policy Corrigendum relating to Design (Amendment) Rules, 2014
Dated 24th February, 2015 | Copy of | Corrigendum | In the notification of the Government of India, Ministry of Commerce and Industry, Department of Industrial Policy & Promotion published in the Gazette of India vide G.S.R. 925(E) dated 30th December, 2014 relating to Design (Amendment) Rules, 2014 :- (i) in page 1, in the Block of the Gazette, for “Sub-section (ii)”, read “Sub-section (i)”; (ii) in the English Version : (a) in page 10, line 48 for “2(g)”, read “2(ea)”; (b) in page 11, line 3 for “2(g)”, read “2(ea)”. Sd/- (Shatrughna Singh) Addl. Secy. G.S.R.118(E) F.No.5/6/2013-IPR-V Issued by: Ministry of Commerce and Industry (Department of Industrial Policy and Promotion) New Delhi
Mapping of the sector specific FDI Policy in Consolidated FDI Policy 2014 in terms of National Industrial Classification (NIC)-2008
Dated 5th January, 2015 | Copy of | Press Note no. 1 (2015 series) | Industrial Policy Chapter VI of the Consolidated FDI Policy 2014 issued vide DIPP circular dated the 17.04.2014 indicates sector specific FDI policy for industrial and other sectors such as permissibility of the activities under FDI policy, equity cap, whether under automatic or government approval route and conditions to be fulfilled, if any. 2. With the objective of improving ease of doing of business, an exercise has been undertaken to map the activities listed in Chapter VI of the Consolidated FDI Policy, 2014 with the National Industrial Classification - 2008. 3. Accordingly, a chart indicating mapping of the activities covered under Chapter VI of the Consolidated ...