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    Gross Fixed Capital Formation (GFCF) in Indian economy increases from Rs. 32.78 lakh crore (constant 2011-12 prices) in 2014-15 to Rs. 54.35 lakh cror...
    Launch of revamped website of National Pension System Trust
    Chemical and petrochemical industry crucial in India’s economic progress and to continue being a key driver of growth in the future: Union Minister ...
    ADB, India sign $295 million loan to upgrade state highways in Bihar
    NITI Aayog organizing a G20 Conference on Green and Sustainable Growth Agenda for the Global Economy
    Relief to 137 MSMEs provided under “Vivad Se Vishwas I - Relief to MSMEs” scheme
    1,19,224 claims paid under Pradhan Mantri Suraksha Bima Yojana (PMSBY) scheme
    Revenue saved through Direct Benefit Transfer (DBT) subsidy schemes
    Intellectual Property Rights Policy Management framework covers 8 types of intellectual property rights
    Open Network for Digital Commerce to democratize digital commerce
    NFRA Chairperson Dr. Ajay Bhushan Pandey participates in 3rd International Conference on recent developments and challenges relating to Financial Repo...
    DPIIT and Govt. of Gujarat jointly launch ‘One District One Product’ Wall at Garvi Gujarat Bhawan today
    Ms. Nivruti Rai appointed as Managing Director & CEO of Invest India
    DPIIT notifies Quality Control Orders for ‘Resin treated compressed wood laminates’ and ‘Insulated Flask, Bottles and Containers for Domestic Us...
    India is now a part of resilient supply chains amongst trusted partners due to efforts of industry: Shri Piyush Goyal
    Conservation of Aravalli Ecosystem- plantation of native & endemic species by DGGI in New Delhi
    Successful meeting between Union Minister of Commerce & Industry and high-level EFTA delegation in London
    Atal Innovation Mission launches ‘ATL Industry Visit’ in collaboration with Bayer
    India's remarkable economic scale and market potential enable startups to flourish and thrive in global startup ecosystem: Union Commerce and Industry...
    DPIIT successfully organizes National Workshop on Industrial Park Rating System 
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    July 31, 2023
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    Gross Fixed Capital Formation rises while special assistance loans support State capital projects through long-term interest-free financing.
    Gross Fixed Capital Formation has increased between 2014-15 and 2022-23, shown in year-wise constant (2011-12) price estimates with 2022-23 provisional. The Government has provided targeted support to State capital programmes via two schemes delivering long-term interest-free loans for capital projects across sectors including health, education, irrigation and power, with year-wise and State-wise approved and released amounts for 2020-21 to 2023-24 set out in an annexure.
    July 28, 2023
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    Digital access to pensions: revamped NPS Trust website improves online services, holdings view and user-focused navigation securely.
    The redesigned NPS Trust website centralises key subscriber actions via landing-page tabs for account opening, retirement planning and holdings view, and displays scheme returns graphically. Navigation is standardised into six categories and online services allow authenticated viewing of holdings using PRAN, date of birth and OTP. The site consolidates intermediary details for one-click access, is optimised for desktop and mobile, includes improved search and is available in Hindi, reflecting ongoing digital service enhancements.
    July 28, 2023
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    Free Trade Agreements can boost chemicals and petrochemicals trade, investment and sustainability, enhancing competitiveness and job creation.
    The GCPMH 2023 Summit highlights how Free Trade Agreements can facilitate trade, investment and collaboration in the chemical and petrochemical sector by enhancing exports, attracting foreign investment, and supporting infrastructure development and job creation, while urging stakeholders to adopt and share sustainable practices and cooperate to ensure long term stewardship for future generations.
    July 27, 2023
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    Loan financing for state highways upgrades enables climate-resilient design and strengthened road agency capacity and promotes inclusive employment.
    A multilateral development bank and the national government executed a loan agreement to upgrade state highways with climate- and disaster-resilient design and road safety measures, standardising lanes to improve rural connectivity. The project conditions require strengthening the state road agency through a road asset management system incorporating climate risk, research laboratories for sustainable materials, congestion and climate adaptation studies, gender-inclusive road safety guidelines, and measures to increase women's employment and provide related trainings.
    July 27, 2023
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    Sustainable growth consensus mobilized through a policy workshop to shape energy, finance and multilateral policy inputs ahead of leaders' deliberations.
    A two day policy workshop convened by NITI Aayog with international partners will gather around forty experts to develop cross regional policy consensus for high quality sustainable growth. Day one addresses energy, climate, technology and jobs, trade fragmentation, and reshaping global finance for sustainability; day two addresses multilateralism, adjustment, resilience and inclusion. Senior officials frame the process and NITI Aayog and partners will pursue key takeaways across policy fora to inform the host presidency agenda.
    July 25, 2023
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    Relief to MSMEs under Vivad Se Vishwas I scheme reported; disbursements limited and numerous claims remain pending.
    Relief under the Vivad Se Vishwas I - Relief to MSMEs scheme has been provided to 137 MSMEs; the scheme was launched on 17 April 2023, no funds were provided in the previous year, and a substantial backlog of claims remained with many MSME claims pending as of 1 June 2023.
    July 25, 2023
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    Accident insurance eligibility under PMSBY confirmed; scheme access and claims acceptance versus rejection reported.
    The announcement reports administrative outcomes and access parameters for the Pradhan Mantri Suraksha Bima Yojana (PMSBY), stating eligibility by bank/post office account holding and age 18-70, and presenting the number of claims accepted and rejected by participating general insurance companies, with state wise enrolment figures maintained separately.
    July 24, 2023
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    Direct Benefit Transfer reforms improve subsidy targeting and program integrity, reducing duplicate beneficiaries and fiscal leakages.
    Implementation of Direct Benefit Transfer and related governance reforms removed duplicate and fake beneficiaries and plugged leakages, improving targeting of benefits to genuine recipients through beneficiary verification and payment-directing processes; Ministries reported aggregate annual estimated fiscal savings across major Central Sector and Centrally Sponsored Schemes for successive financial years from 2017-18 to 2021-22 as evidence of reduced leakage and strengthened subsidy delivery.
    July 21, 2023
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    Intellectual property framework consolidates eight IP categories and mandates facilitation, expedited processing, and commercialization support.
    Consolidating eight IP categories under a unified framework, the policy sets out statutory bases and protection terms for patents, trademarks, designs, copyrights, geographical indications, semiconductor layout designs, trade secrets and plant varieties, and prescribes measures-procedural amendments, office digitisation, fee reductions, facilitation schemes, expedited examination, awareness programs, academic chairs and innovation centres-to accelerate filings, strengthen protection, and promote commercialization of intellectual property.
    July 21, 2023
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    Interoperability of e commerce platforms enables seamless cross platform trade, lowering entry barriers and expanding inclusive digital commerce.
    ONDC, a Section 8 company under DPIIT, maintains the ONDC Protocol and a Registry that together enable certified buyer and seller platforms to interoperate without bespoke integrations. This interoperability lets buyers discover and purchase from sellers across participating applications, unbundling e commerce stages, lowering entry barriers, promoting a level playing field, and supporting offline businesses' transition online, while embedding transparency, decentralisation, privacy by design and auditability to protect participant rights.
    July 21, 2023
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    Audit quality: clarify auditor duties and fraud reporting to strengthen financial reporting and governance.
    The document stresses strengthening audit quality through clarified auditor duties, improved audit documentation and archival, proper application of fraud-related standards including mandatory reporting of detected frauds, reduced inappropriate reliance on experts, and enhanced governance via experienced audit committees and suitably remunerated auditors.
    July 20, 2023
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    Promotion of indigenous crafts boosts market access through product tagging, story cards and GeM onboarding for artisans.
    Launch of the One District One Product (ODOP) Wall at Garvi Gujarat Bhawan establishes a collaboration between DPIIT and the Government of Gujarat to brand and promote district-identified products, integrate ODOP items into public display spaces, and use product tagging and story cards to drive consumers to emporia. Operational steps include Government e Marketplace onboarding drives for targeted crafts and design support from the National Institute of Design, all directed to enhance market visibility and regional development through coordinated promotion of indigenous crafts and agricultural products.
    July 19, 2023
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    Appointment of Managing Director & CEO strengthens Invest India's leadership to advance government investment and industrial initiatives.
    Ms. Nivruti Rai assumed charge as Managing Director & CEO of Invest India on July 12, 2023, succeeding the interim incumbent. Her appointment places a senior technology and industry executive at the head of the national investment promotion agency, which executes flagship initiatives such as Make in India, Startup India and the National Single Window System, and operates under governance combining senior government officials and private-sector board members to advance investment facilitation with transparency and corporate governance.
    July 19, 2023
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    Mandatory product certification under QCOs requires BIS compliance for specified domestic and imported goods, prohibiting non certified manufacturing.
    Notification mandates compulsory BIS certification under newly issued Quality Control Orders for resin treated compressed wood laminates and for insulated flasks, bottles and containers for domestic use, applicable to products manufactured domestically or imported, coming into force six months after notification and prohibiting manufacture, storage and sale of non BIS certified items under the BIS Act.
    July 18, 2023
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    Free Trade Agreement focus to integrate India into global value chains, backed by incentives and regulatory reforms.
    Negotiations for Free Trade Agreements are positioned as tools to integrate India into global value chains, supported by Production Linked Incentive schemes, measures to decriminalize corporate offences, reduced compliances, logistics and last mile connectivity improvements, and a governance focus on land, labour, liquidity and laws. Government-industry partnerships and private sector involvement, including in the space sector, are promoted to enhance supply chain resilience, while extensive welfare provisioning is presented as foundational to sustaining domestic demand amid global economic challenges.
    July 17, 2023
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    Conservation of Aravalli ecosystem: native species plantation strengthens habitat restoration and biodiversity protection through institutional collaboration.
    DGGI conducted a targeted plantation drive in Aravalli Biodiversity Park, planting around two hundred local and endemic plant strains coordinated with academic and development partners; species included Albizia lebbeck, Bauhinia acuminata, Kydia calycina, Murraya paniculata, Nyctanthes arbor-tristis, Sapindus species, multiple Senegalia species, Stereospermum chelonoides, Terminalia species, and Wrightia species to enrich local flora and support fauna and conservation goals including field gene banks, habitat restoration, and wetland mosaics to improve water quality and monitor ecological change.
    July 13, 2023
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    Trade and Economic Partnership Agreement negotiations advanced as India and EFTA commit to a swift, comprehensive trade deal.
    Negotiations between India and EFTA concentrated on accelerating conclusion of the Trade and Economic Partnership Agreement through high-level discussions; officials and industry stakeholders addressed market access, regulatory concerns, and mechanisms for a balanced, comprehensive trade framework, reaffirming reciprocal commitment to expedite negotiations and deepen bilateral economic cooperation.
    July 7, 2023
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    Industry exposure through school-industry visits brings students hands-on insight into modern manufacturing and technology.
    Atal Innovation Mission and Bayer launched an industry visit program under Atal Tinkering Labs to give students direct exposure to modern manufacturing, automation, and technology. Bayer supports the program through school adoptions, coordinator training, and opening multiple manufacturing and research facilities for student tours, including a launch at the Vapi plant. The visits aim to connect theoretical learning with practical industry processes, promote experiential and technology-driven learning consistent with national education and manufacturing priorities, and include a focus on all-girls schools to further diversity and inclusion.
    July 4, 2023
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    Startup ecosystem growth enables global collaboration and calls for collective support to nurture inclusive, sustainable innovation.
    India's market scale, talent base and startup culture underpin growth of its startup ecosystem, with demographic dividend and ecosystem metrics supporting numerous registered startups and high growth firms across health, finance and agriculture. The statement urges collective international support for inclusive, sustainable startup ecosystems, promoting exchange of ideas, best practices, funding mechanisms and Research and Development collaborations through multilateral platforms such as Startup20 to foster cooperation and encourage entrepreneurship.
    July 3, 2023
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    Industrial Park Rating System advances park governance and sustainability, promoting competitiveness and streamlined investment facilitation.
    The Industrial Park Rating System (IPRS) establishes a framework to rate parks across four pillars-internal infrastructure and utilities, external infrastructure and facilities, business support services, and environmental and safety management-and the national workshop facilitated exchange of best practices, discussion of financing and institutional mechanisms for smart and resilient parks, and reinforcement of investment facilitation measures including project development cells and a national single window to enhance park governance, environmental performance, and competitiveness.

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