×

UPSC Courses

DNA banner

DAILY NEWS ANALYSIS

Monthly DNA

08 Jan, 2022

6 Min Read

DPIIT-Dept for Promotion of Industry & Internal Trade

GS-III : Economic Issues Industry

DPIIT-Dept for Promotion of Industry & Internal Trade

Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industries

  1. DIPP was established in 1995 and reconstituted in 2000 with the merger of the Dept of Industrial Development.
  2. It was renamed in 2019. The following are the Functions of DPIIT

    1. e-Commerce matters that were transferred to DPIIT in 2018.
    2. In 2019: internal trade, the welfare of traders and their employees and Startups.
    3. Formulate and implement industrial policy and strategies for industrial development.
    4. Monitor industrial growth, the performance of industries and advice on all industrial and technical matters.
    5. Formulate FDI policy and investment by NRIs. Promote, approve and facilitation of FDI.
    6. Formulation of Policies relating to IPR in patents, trademarks, industrial designs and GI tag of goods and administers
    7. 6 related Acts.
    8. Coordinates with UN Industrial Development Organization (UNIDO)
  3. It administers Central legislations of Explosives Act, 1884; Inflammable Substances Act, 1952; Salt Cess Act, 1953; Patents Act, 1970; Trade and Merchandise Marks Act, 1958; Designs Act, 2000 and Boilers Act, 1923.
  4. Investment Promotion:

    1. Through dissemination of information and advice on investment climate and opportunities within the country.
    2. It also coordinates with apex industry associations like Invest India; FICCI; CII and ASSOCHAM to boost FDI.

Source: PIB

Tuberculosis (TB) in India

What is Tuberculosis? Tuberculosis (TB) is a contagious infection that usually attacks your lungs. It can also spread to other parts of your body, like your brain and spine. What Causes Tuberculosis? TB is caused by bacteria (Mycobacterium tuberculosis) that most often affect the lungs but not just lungs… Read More

Other Related News

07 January,2022
Small Finance Banks in India

Small Finance Banks in India Why in news? The Reserve Bank of India (RBI) said it has received applications from two more entities — Cosmea Financial Holdings Private Ltd. and Tally Solutions Private Ltd. — seeking licences to operate Small Finance Banks (SFBs). This is as per

Subsidence of the Joshimath Land (Uttarakhand)

Subsidence of the Joshimath Land (Uttarakhand)  Ground subsidence caused breaches in more than 560 homes and prompted alarmed villagers to complain, as a result, the Uttarakhand government has prohibited development work in and around Joshimath. Joshimath, a vital hub for travelers

06 January,2022
Smart Cities Mission (SCM)

About Smart Cities Mission (SCM) For economic growth, improve Quality of life, and local development, harness technology to create smart outcomes. It will cover 100 cities and will be from 2015 to 2020. It is a mission mode project. The Smart City Mission is unde

Atal Pension Yojana (APY)

Atal Pension Yojana (APY) Atal Pension Yojana (APY) addresses the old age income security of the working poor and the longevity risks among the workers in the unorganised sector. It encourages the workers in the unorganised sector to voluntarily save for their retirement. The Government

SAAR program

SAAR program As a part of Azadi Ka Amrut Mahotsav, Smart Cities Mission, MoHUA has launched the “Smart cities and Academia Towards Action & Research (SAAR)” program, a joint initiative of MoHUA, National Institute of Urban Affairs (NIUA) and leading Indian academic institu

Toppers

Search By Date

Newsletter Subscription
SMS Alerts

Important Links

UPSC GS Mains Crash Course - RAW Prelims Answer Key 2024