Expression of Interest (EoI) for preparation of guidance documents on products under Indian standards
Bureau of Indian Standards (BIS), in pursuance of its objectives, plans to bring out ‘Guidance Documents’ on 100 Products under Indian Standards established in the different areas such various Civil Engineering, Electrotechnical, Textiles, Mechanical, Medical Devices, Services, etc. The objective of the Guidance Document is to provide information on applicable requirements for products or services to the stakeholders of BIS, especially the industry, and provide necessary practical guidance to ensure that the products or services so produced comply with relevant Indian Standards and related regulatory requirements.
Govt to introduce further reforms to push more Indian patents, raise awareness
The Commerce and Industry Ministry is set to introduce further reforms in the patent filing process to expedite the application, examination, and approval of all intellectual property rights, according to sources. The focus remains on patent filings, which has been pushed by the government over the past three years.
PM launches Vehicle Scrappage Policy
Prime Minister launched the Voluntary Vehicle-Fleet Modernization Program (VVMP), also known as the Vehicle Scrapping Policy. The vehicle scrappage policy will bring in investments of around INR 10,000 crore (€1.2 billion) to set up 450-500 Automated Testing Stations (ATS) and 60-70 Registered Vehicle Scrapping Facilities (RVSF) across the country. A single window clearance portal is being developed where the applications for ATS and RVSF will be catered through a single portal within 60 days. A vehicle will be declared as End-of-Life or unfit if it fails the automated fitness test, the allowed retest and reinspection test if ordered by the appellate authorities.
The government has notified Production Linked Incentive (PLI) Scheme for automobile and auto components after approving it on September 15. The PLI Scheme aims to overcome the cost of disabilities and encourage the industry to make fresh investments to make advanced auto products. It is estimated that in five years, this PLI Scheme will lead to fresh investments of over Rs 42,500 crore (€8.5 billion), and incremental production of over Rs 2.3 lakh crore (€27 billion). It will create additional jobs of over 7.5 lakh jobs and enhance India's share in the global automotive trade
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Implementation of Public Procurement (Preference to Make in India) Order, 2017. Read more>>
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Ensuring full compliance of Public Procurement product (Preference to ‘Make in India’ Order), 2017 Read more>>
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Misclassification of Goods as Works in procurement
Global trade bodies push for 3GPP compliant 5G in India
Top trade and technology bodies from the US and UK have told the Indian government to adopt the 5G standards that have been recommended by the 3GPP. India is currently in confusion about which 5G standard it should go with - 5Gi developed by Telecommunications Standards Development Society, India (TSDSI) or the 3GPP developed 5G standard. The top international trade bodies have urged the Indian government to go ahead with 3GPP standards which will give a much-needed push to electronic manufacturing in India as companies will be encouraged to set up their operations in India. “By using globally harmonized standards such as those from 3GPP, companies can set up manufacturing operations in India with the confidence that they can easily serve both the Indian market and export to global markets,” the bodies said in a joint submission letter to the Department of Telecommunications (DoT) and the Telecommunications Engineering Centre (TEC).
MeitY has a 1,000-day plan for a $1-trillion digital economy
The Ministry of Electronics and IT (MeitY) has chalked out a 1,000-day agenda, aiming to make India a $1 trillion digital economy over the next few years. Key to the initiative will be making India the largest connected nation in the world, bringing coherence into digital governance, simplifying rules and legislations for technology and social media companies, and focusing on building India’s high-tech prowess.
Government takes Series of Measures to Incentivize the Manufacturing Sector
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Production Linked Incentive scheme: For enhancing India’s Manufacturing capabilities and exports, an outlay of Rs 1.97 lakh crore (€23.2 billion) has been announced in Union Budget 2021-22 for production linked incentive scheme for 13 key sectors for 5 years starting from fiscal year 2021-22.
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Ease of doing business and compliance burden: Initiatives taken for compliance reduction are focused on simplifying and digitizing various processes, reduction in documents in documents to be submitted along with applications, reduction in frequency of inspections, etc.
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Foreign Direct Investment (FDI): 100% FDI is permitted in manufacturing sector under automatic route.
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Public Procurement: To promote domestic investment and usage of made in India products by the government, the public procurement (Preference to Make in India) order has been revised on 16.09.2020
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Industrial Corridor: The National Corridor Program (NICP) has been conceived to promote world class manufacturing facilities and develop futuristic industrial cities in India.