Government unveiled Draft National E-commerce policy
Department for Promotion of Industry and Internal Trade (DPIIT) has released a draft National E-commerce Policy with aims to create a framework for achieving holistic growth of the e-commerce sector along with existing policies of Make in India and Digital India. The draft addresses six broad issues of the e-commerce ecosystem: Data, Infrastructure development, E-commerce marketplaces, Regulatory issues, Stimulating domestic digital economy and Export promotion through e-commerce.
- Operational Guidelines for Delivery of Demand Incentive under FAME India Scheme: Phase – II. Read more
- Notification for FAME India Scheme Phase II Read more
- Constitution of inter-ministerial panel for monitoring, sanctioning of projects under FAME II, aimed at incentivising clean mobility. Read more
The Union Cabinet has approved the Memorandum of Understanding (MoU) between India and France on technical bilateral cooperation in the field of new and renewable energy. India and France aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable issues on the basis of mutual benefit, equality and reciprocity.
Cabinet approves Continuation of Atal Innovation Mission
Cabinet has approved Continuation of Atal Innovation Mission (AIM), and for incurring expenditure up to Rs. 1000 crore (€125 million) till 2019-20 by Atal Innovation Mission for expanding Atal Tinkering Labs to 10,000 schools in view of their huge success at school level. The aim of the government's flagship initiative is to promote a culture of innovation and entrepreneurship in the country.
National Industrial Policy on value chain awaiting cabinet approval
A new National industrial policy, aimed to develop global value chains, and to boost India’s manufacturing competitiveness, is awaiting cabinet approval. Manufacturing cannot happen end to end only in one geography, and it has to be part of a global value chain and global supply chain. That is why a new industrial policy focusing on developing mutually beneficial value chain and supply chains is required.
Union Cabinet approved new National Electronics Policy (NEP) 2019
The Cabinet has approved National Policy on Electronics 2019 in February 2019, which was proposed by Ministry of Electronics and Information Technology (MEITY) in 2018. The Policy aims to position India as a global hub for Electronics System Design and Manufacturing (ESDM) by encouraging and driving capabilities in the country for developing core components, including chipsets, and creating an enabling environment for the industry to compete globally. NEP 2019 replaces NEP 2012.
The Union Cabinet has approved the National Policy on Software Products 2019 to develop India as the global Software Product hub, driven by innovation, improved commercialization, sustainable Intellectual Property (IP), promoting technology startups and specialized skill sets. Policy aims to help the industry grow at CAGR of 40% to reach USD 70-80 billion by 2025, while creating employment opportunities for 3.5 million people.