Year-end Review | Department for Promotion of Industry and Internal Trade (DPIIT)

About DPIIT

• Established in – 1995, was reconstituted in the year 2000 with the merger of the Department of Industrial Development.
• It was earlier called Department of Industrial Policy & Promotion (DPIIT) and was renamed as DPIIT in January, 2019.
• Role – It is to promote industrial Development of the Country by facilitating investment in new and upcoming technology, accelerate & foreign direct investment.

Product-Linked Incentive (PLI) Schemes

• Coverage – It covers 14 key sectors to enhance India’s Manufacturing capabilities and Exports.

• It will have a cascading effect on the country’s MSME ecosystem.
• PLI Scheme for White Goods (ACs and LED Lights) Scheme – It incentivizes manufacturing of components of ACs and LED Lights only.

PM (Pradhan Mantri) Gati Shakti National Master Plan

• Launched in – 2021.
• It is a GIS-enabled platform to enable comprehensive and integrated planning for multimodal logistics.
• Working – It integrates data layers of infrastructure such as roads, railway lines, ports, inland waterways, telecom lines, power lines and social sector assets.
• An inter-ministerial institutional mechanism has been established at the Centre and State levels.

National Logistics Policy

• Launched in – 2022, to complement the PM Gati Shakti.
• Objectives – To drive economic growth and business competitiveness of the country through cost-effective logistics networks.
• To streamline doing business in the logistics sector, 37 logistics-related digital systems/portals integrated across 10 Ministries/Departments.
• Role – It addresses the soft infrastructure and logistics sector development aspect, inter alia, including process reforms, improvement in logistics services, digitization and human resource development.

National Industrial Corridor Development Programme

• Objective – To create quality infrastructure ahead of demand and keep developed land parcels ready for immediate allotment.
• Implementation period – It is a 5-year action plan.
• Focuses on – Developing 12 new industrial cities through the adoption of Industry 4.0 standards, in addition to 8 already approved projects.

Intellectual Property Rights

• Strengthening IP Administration – Administrative process and procedure streamlined to ensure ease of doing business around submission of Priority Documents.
• Building Strong Legislative Framework – Reforms have expedited for the examination of patents for start-ups, SMEs, female applicants, government departments and academic institutions.
• Expand Knowledge Capacity & Skill Building – IPR Chairs have been established in 27 Central and State Universities.
• More than 1200 programs organized for awareness & outreach programs in schools, colleges, universities, M/o MSME and DPIIT covering more than 5 Lakhs students and faculties PAN India.
• Achievements – Patents (1, 03,057) granted in 2023-24 increased by 17 folds as compared to 2014-15.
• Trademark registrations increased 7 times in 2023-24 as compared to 2014-15.
• Number of Geographical Indications registered increased to 635 in 2023-24.

India’s rank in Global Innovation Index (GII) increased to 39^th position in 2024.

To know more about IPR, click here

Foreign Direct Investment (FDI) Regulatory Framework

• Formulation by – DPIIT
• Enforced through - Rules notified under the Foreign Exchange Management Act, 1999 (FEMA).
• Permitted FDI – FDI is permitted through 2 entry routes:

• Foreign Investment Facilitation Portal (FIFP) – It manages proposals received under the government route and forwards them to concerned ministries.
• Trends - In most sectors, except certain strategically important ones, are open for 100% FDI under the automatic route without government approval.
• Almost 90% of the FDI inflow is received under the automatic route.
• Prohibited FDI – In notified sectors or activities, including Lottery Business, Gambling and Betting, Real Estate, Manufacturing of Tobacco, Atomic Energy and other sectors not open for private investment.
• FDI Reforms in India – Government has progressively liberalized FDI policies across sectors between 2019 and 2024.

Bharat Start-up Knowledge Access Registry (BHASKAR)

• Aim – It is designed to bring together a diverse array of stakeholders ranging from entrepreneurs and government bodies to investors and academic institutions onto a single, integrated platform.
• Umbrella Scheme – Startup India.
• Objective - To build the world’s largest digital registry for stakeholders within the startup ecosystem.
• Vision - To foster collaboration and accelerate growth and cross-collaboration within the entrepreneurial community.

To know more about BHASKAR, Click here

Business Reforms Action Plan (BRAP), 2024

• Aim – To establish a seamless business regulatory framework across the country, enhancing the ease of doing business.
• Role – It introduces next-generation reforms that address the needs of both businesses and citizens.
• It integrates elements from the World Bank’s upcoming B-READY program.

One District One Product (ODOP)

• Aim – To foster balanced regional development across India's districts by promoting indigenous products and supporting artisans.
• 1256 products from over 780 districts in all 36 states and union territories have been identified.
• Mandate – Identifying, understanding & solving problems associated with each of the chosen products at all points in their respective supply chains.

Open Network for Digital Commerce (ONDC)

• ONDC – It is an initiative to promote an open e-commerce network that connects shoppers, platforms and retailers.
• Launched in – 2021, by Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry.
• Vision – To democratise e-commerce in India
• Aim – To create an inclusive e-commerce environment through an open protocol developed on open-source specifications, making it independent of any one platform.

To know more about ONDC, click here

Industrial Park Rating System (IPRS)

• Undertaken by – DPIIT, Invest India and Asian Development Bank (ADB).
• Role – It is an exercise which recognizes best performing parks, identifying interventions and serving as a decision support system for investors and policy makers.

National Single Window System (NSWS)

• NSWS – It is a National portal that integrates the existing clearance systems of the various Ministries/ Departments Indian and State Governments.
• Integration – Currently, approvals of 32 Ministries/ Departments and 29 States/UTs Single Window Systems have been integrated with this portal.

Jan Vishwas (Amendment of Provisions) Act, 2023

• Role – It decriminalized a total of 183 provisions in 42 Central Acts administered by 19 Ministries/Departments.
• It is a landmark step in rationalizing these laws, removing unnecessary barriers, and fostering business growth.

Uttar Poorva Transformative Industrialization (UNNATI) Scheme, 2024

• It is Central Sector Scheme.
• Objectives – To develop industries that will create productive economic activity in the manufacturing and service sectors.
• To generate gainful employment, which will lead to the area's overall socio-economic development.
• Focus areas – States of North East Region.

To know more about UNNATI, click here

References

1. PIB| Year End Review 2024
2. DPIIT| Role and Functions of DPIIT