July 11th, 2018Andhra Pradesh is on the lead in the Indian government’s ‘ease of doing business’ index for the states. Andhra Pradesh scored 98.42 percent in the third edition of Department of Industrial Policy and Promotion’s (DIPP’s) Business Reforms Action Plan, beating Telangana.
The state has improved in various fields such as taxes,...
April 9th, 2018India's enterprise capital business has been urged to submit a white paper with policy recommendations to regulators that could help in addressing issues raised by stakeholders within the startup landscape. Indian Private Equity and Venture Capital Association (IVCA) is a nodal body designated for Risk capital sector in India.
The...
April 6th, 2018The Government has decided to extend tax benefits of 88 startups out of 8,765 that have been recognized by the Department of Industrial Policy and Promotion as reported by a top official today.
Prime Minister, Narendra Modi had introduced a spectrum of incentives on January 2016 to encourage startup growth in the country which...
April 3rd, 2018Department of Industrial Policy & Promotion (DIPP) has put an end to some certifications and issued warnings to organizations seeking to avail exemptions by categorizing themselves as "startups".
In a recent meeting of Inter-Ministerial Group on Startups held on March 15, certificates of recognition and that of eligibility given...
February 7th, 2018With its goal to encourage states to take proactive steps to encourage startup ecosystem, Department of Industrial Policy and Promotion (DIPP) has launched the awaited ranking framework, that includes 7 pillars with 38 pointers to rank states/UT based on measures they have taken to promote and nurture entrepreneurship.
The online...
February 6th, 2017The government has not taken a final decision yet on the concessions being sought by US iPhone maker Apple for setting up a manufacturing unit in India, a top official said today.
Secretary in the Department of Industrial Policy and Promotion (DIPP) Ramesh Abhishek said that Apple has submitted certain demands for the government's...
December 20th, 2016Aiming to break into top 50 best countries to do business in, the government has identified areas requiring doing away with complex rules and simplifying procedures to enable businesses to start in four days flat. With India ranked poorly at 130th among 190 nations on the World Bank's Ease of Doing index, Finance Minister Arun Jaitley...
December 6th, 2016E-commerce giant Amazon today rolled out its global programme 'Launchpad' in India to provide startups in the country a platform to market, sell and deliver products across the globe.
India is the seventh country where Amazon Launchpad has been made available, and the platform, "tailormade" for startups, is available for a fee of Rs...
October 7th, 2016Life Insurance Corporation of India and other pension funds "must step in" to fund startups, Secretary in the Department of Industrial Policy and Promotion (DIPP) Ramesh Abhishek said on Friday. "LIC and other pension funds must step in... definitely that money needs to be leveraged," Abhishek said here at the India Economic Summit,...
September 29th, 2016The commerce and industry ministry is looking to engage consultants to promote the government's Startup India campaign for budding entrepreneurs.
The department of industrial policy and promotion (DIPP), under the ministry, has issued an advertisement for engaging a senior consultant and two consultants for the Startup India...
March 29th, 2016The government permitted 100% foreign direct investment (FDI) in the marketplace format of e-commerce retailing with a view to attract more foreign investments.
The norms on FDI in the sectors of e-commerce, and IT and ITeS are expected to be part of detailed guidelines, which would be rolled out soon by the government, sources...
March 4th, 2016NEW DELHI: Government will launch a portal for startups by next week and begin the registration process with a view to encourage budding entrepreneurs and promote ease of doing business, a top official said today.
Secretary in the Department of Industrial Policy and Promotion (DIPP) Ramesh Abhishek said that 'Start-up India' is an...
