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New industrial policy to be announced soon

The government will soon announce a new industrial policy aimed at promoting growth of industries and creation of jobs.

Addressing the joint sitting of both Houses of Parliament, the President said work is underway in full earnest to transform India into a global manufacturing hub. "Keeping in view Industry 4.0, a new industrial policy will be announced shortly.

The new policy will replace the industrial policy of 1991 which was prepared in the backdrop of balance of payment crisis. This will be the third industrial policy after the ones released in 1956 and 1991.

The proposed policy aims at promoting emerging sectors and modernising existing industries. It will also look to reduce regulatory hurdles and encourage adoption of frontier technologies such as robotics and artificial intelligence.

TAGS #MII

Ministry of Power issued five Year power vision document

The Ministry of Power (MoP) has issued a vision document which charts the way forward for India’s power sector. The document points out the problem areas and sets the timeline for every aspect of power generation, evacuation, and distribution.

The document, called “Vision 2024”, aims at developing a sustainable, viable, efficient, and competitive power sector to facilitate economic and social development. The report points out that the generation capacity in India has increased drastically in the past decade, but the sector is beset with falling plant load factor (PLF) and stressed assets. 

Transmission is a huge problem for Indian renewable energy project developers. In many cases, renewable energy projects are ready to evacuate, but the evacuation infrastructure is not ready. In some other cases, due to the lack of proper transmission infrastructure, renewable energy has to be curtailed.

TAGS #MoP

National Lab Directory launched by BIS – A major breakthrough for industry in the field of testing & measurement

Consumer Affairs Minister launched an online directory, which provides information about Indian standards of various products and testing infrastructure in the country for the benefit of various stakeholders such as start-ups.

There are estimated 10,000 labs across the country. Currently, about 4,500 labs owned by public and private academic institutions are listed on the online directory.

The link for the National Laboratoy Directory is www.labdirectory.bis.gov.in

TAGS #BIS #IPR

DoT issues Guidelines for 5G trials across all available Spectrum bands Cabinet

The Department of Telecommunications (DoT) has issued guidelines for 5G trials across all available spectrum bands indicating to allocate up to 400 MHz of radio waves for experiments. The DoT has fixed a uniform fee of INR 5,000 (~64 Euro) for the trial licence. However, its validity will range between 3 month and 2 years, depending on the purpose for which the trial is being conducted.

The government has plans to conduct spectrum auction for 5G services by the end of this year to enable the roll-out of commercial services using the technology in 2020.

Indian entities involved in R&D, manufacturing, telecom operators and academia for the purpose of R&D and experimentation can get licence for a period of "up to two years, renewable on case to case basis by WPC, subject to truncation to prevent interference to licensed operations".