2. DPIIT BRIEF
• The Department for Promotion of Industry and Internal Trade
(DPIIT) is a central government department under the Ministry of
Commerce and Industry in India. It is responsible for formulation and
implementation of promotional and developmental measures for
growth of the industrial sector, keeping in view the national priorities
and socio-economic objectives. While individual administrative
ministries look after the production, distribution, development and
planning aspects of specific industries allocated to them, DPIIT is
responsible for the overall industrial policy. It is also responsible for
facilitating and increasing the foreign direct investment (FDI) flows to
the country.
3. SCHEMES UNDER DPIIT
• Initiation of Industrial Development : Began soon after India gained independence in 1947.
• Key Policies and Acts : Industrial Policy Resolution of 1948 outlined the state's role in industrial
development . Industries (Development & Regulation) Act, 1951 (IDR Act) provided a framework
for implementing industrial policy. IDR Act empowered the Union Government to direct
investment into desired industrial channels through licensing .
• Objectives of Industrial Policy : Sustained growth in productivity . Enhancement of gainful
employment . Optimal utilization of human resources . Attainment of international competitiveness
• . Transformation of India into a major player in the global arena .
• Policy Focus : Deregulation of Indian industry . Allowing freedom and flexibility for industries to
respond to market forces . Providing a policy regime facilitating and fostering growth.
• Economic Reforms (Since 1991):Envisioned a larger role for private initiatives . Progressive
liberalization of the policy over the years .
• Current Approach : Emphasis on private initiatives . Deregulation, freedom, and flexibility to
respond to market forces . Ongoing efforts to facilitate and foster industrial growth.
4. SCHEMES UNDER DPIIT
• *Title: Creative India; Innovative India: रचनात्मक भारत; अभभनव भारत”
• Approval Date: 12th May, 2016
• Initiative: National Intellectual Property Rights (IPR) Policy
• Purpose: Lay the future roadmap for IPRs in India, recognizing and channelizing creative and innovative energies for a better future .
• Vision: - Recognizes the abundance of creative and innovative energies in India.
• Aims to tap into and channelize these energies for a brighter future.
• Scope of the Policy: - Encompasses all forms of Intellectual Property Rights (IPRs).
• Views IPRs holistically, considering inter-linkages.
• Aims to create and exploit synergies between various forms of IP, statutes, and agencies.-
• nstitutional Mechanism: Sets in place an institutional mechanism for implementation, monitoring, and review of the National IPR Policy.
• Global Best Practices: - Aims to incorporate and adapt global best practices to the Indian scenario.
• Overall Objective: - Create a comprehensive vision for intellectual property in India.
• Facilitate the implementation and monitoring of IPRs.
• Foster a conducive environment for innovation and creativity.
• Language: The policy is expressed in both English and Hindi: "Creative India; Innovative India: रचनात्मक भारत; अभभनव भारत”.
5. SCHEMES UNDER DPIIT
• Policy Name: National Manufacturing Policy (NMP)
• Objective: - Quantitative and qualitative change in the manufacturing sector.
• Enhance the share of manufacturing in GDP to 25%.
• Create 100 million jobs over a decade.
• Principle: - Industrial growth in partnership with the States.
• Policy Framework: - Central Government to create the enabling policy framework.
• Provide incentives for infrastructure development through Public Private Partnership (PPP)
financing instruments.
• Collaboration with States: Encourages collaboration with State Governments.
• States encouraged to adopt the instrumentalities provided in the policy.
• Implementation: The Department is actively involved in the implementation of the policy.
• Collaboration with concerned Central Government agencies and States.
6. SCHEMES UNDER DPIIT
• Policy Name: North East Industrial & Investment Promotion Policy (NEIIPP) 2007
• Objective: - Boost industrialization in the North Eastern Region.
• Revision and Replacement: Revised the erstwhile North East Industrial Policy (NEIP),
1997.
• NEIIPP 2007 notified from 1.4.2007.
• Policy in force until 31.03.2017.
• Eligibility Expansion: - Benefits extended to select Service Sector units.
• Inclusion of Bio-technology units and Power Generating units (up to 10 MW).
• Initially focused on industries in the manufacturing sector.
• Timeframe: NEIIPP 2007 remains effective until 31.03.2017.
• Context : Introduced to provide additional support and incentives for industrial
development in the North Eastern Region.
7. SCHEMES UNDER DPIIT
• Nodal Department: The Department of Industrial Policy & Promotion.
• Responsibility: Formulating the Government’s policy on Foreign Direct
Investment (FDI) in India.
• Data Management: Manages data related to inward FDI into India . Relies on
remittances reported by the Reserve Bank of India.
• Ongoing Review: The FDI policy is continuously reviewed for enhancement of
investor-friendliness.
• Liberal Policy : India allows FDI up to 100% under the automatic route in most
sectors/activities.
• Recent Changes: Significant changes recently made to make India an attractive
investment destination.
• Stakeholder Consultations : Actively engages in stakeholder consultations to
improve the FDI policy.
