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    MAKE IN INDIA
    INDUSTRIAL CORRIDORS
    SCHEMES FOR PROGRESS OF INDUSTRIES
    CCI approves acquisition of Micro Life Sciences Private Limited by South Elm Investments B.V.
    CCI approves acquisition of equity stake in Future Generali India Insurance Company Limited by Generali Participations Netherlands N.V
    2,01,863 proposals of ₹ 39,580 crore in BUSINESS LOAN category disbursed through psbloansin59minutes.com portal
    Total profit of profit-making CPSEs increased by 37.53% and total loss of loss-making CPSEs decreased by 29.86% during FY 2020-21 over FY 2019-20
    The next Textile sector Unicorn should come from the Institute of Chemical Technology, says Shri Piyush Goyal
    Shri Piyush Goyal calls upon the Startups to help India become self-reliant in Energy and Defence sectors
    CCI approves acquisition of 100% share capital of L&T Investment Management Limited by HSBC Asset Management (India) Private Limited
    CCI approves acquisition of Prione Business Services Private Limited by Amazon Asia-Pacific Resources Private Limited
    Venture capitalists play a pivotal role in the Startup ecosystem and in economic growth of the country, says Shri Piyush Goyal
    Repayment of ‘PLI GOI SPL FRS 2022’
    On International Women’s Day, GeM adds “Stitching and Tailoring Services”
    India looking to advance the Comprehensive Economic Partnership Agreement (CEPA) with Bangladesh, says Shri Piyush Goyal
    Shri Piyush Goyal calls upon climate warriors to adopt Climateprenurship as a mission
    Government reopens application window for PLI Scheme for White Goods (ACs and LED Lights) from 10th March to 25th April 2022 to give second chance to ...
    Government invites applications for National Startup Awards 2022 across 17 sectors and 7 special categories
    The combined Index of Eight Core Industries increases by 3.7 percent in January, 2022
    DPIIT to hold its first Post Budget Webinar on PM GatiShakti
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March 16, 2022
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Make in India manufacturing push boosts investment facilitation, sectoral coordination and infrastructure initiatives to enhance industrial competitiveness.
Make in India is a national initiative to facilitate investment, foster innovation and build infrastructure across 27 targeted sectors. DPIIT coordinates action plans for 15 manufacturing sectors while the Department of Commerce coordinates 12 service-sector plans, with Ministries, States and Missions conducting investment outreach. Complementary measures include tax and financial reforms, labour code reform, regulatory simplification, phased manufacturing programmes and Production Linked Incentive schemes to boost domestic production, employment and exports, supported by industrial corridor development, the India Industrial Land Bank, National Single Window System and PM GatiShakti for multimodal connectivity.
March 16, 2022
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Industrial corridor development: nodes advancing through master planning, EPC tendering and staged fund releases for implementation.
Status and implementation steps for three industrial corridors - CBIC, BMIC and HBIC - including node identification, detailed master planning and preliminary engineering, approval status, initiation of EPC tendering for trunk infrastructure at approved nodes, consultant appointments for planning at other nodes, and completed site surveys and technical assessments at Orvakal. Two CBIC nodes with land available are scheduled for development by 2026; timelines for other nodes depend on land availability and competent approvals. Funding position is reported showing Project Implementation Fund (equity/debt where approved), Project Development Fund releases to NICDIT and transfers to state SPVs.
March 16, 2022
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Industrial promotion measures bolster MSME liquidity, ease registration and procurement rules, and incentivise domestic production.
Central measures promote industrial growth through financial support for MSMEs, expanded credit and equity facilities, simplified enterprise classification and registration, and procurement preferences to boost domestic manufacturing; alongside supply side incentives such as Production Linked Incentives, multimodal logistics planning, industrial corridors, GIS industrial land bank, and schemes for clusters, startups and traditional industries, with states also implementing supporting initiatives.
March 16, 2022
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Competition approval for minority stake acquisition clears regulatory path for foreign investment in a medical device company.
The Competition Commission of India approved the proposed combination for acquisition of a minority stake in Micro Life Sciences Private Limited by South Elm Investments B.V., a Netherlands investment holding company whose shareholders include private equity funds managed by Warburg Pincus. The Target manufactures and sells medical devices, in vitro diagnostics and OTC products, conducts B2C sales of specialized devices to hospitals, and maintains R&D facilities for diagnostic and surgical solutions.
March 16, 2022
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Competition approval for Generali's increased shareholding in Future Generali India Insurance, permitting acquisition of existing shareholder's equity stake.
Competition approval is recorded for Generali Participations Netherlands N.V.'s acquisition of shares in Future Generali India Insurance Company Limited from an existing shareholder, increasing GPN's aggregate direct and indirect shareholding in FGIIC; the transaction is an intra group purchase within the non life insurance sector and the CCI's detailed order will follow.
March 15, 2022
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Platform lending: final credit decisions remain with lenders who retain loan monitoring and recovery responsibilities.
psbloansin59minutes.com serves as a digital credit marketplace providing a platform for speedier in principle approvals; the portal connects borrowers with participating lenders but does not underwrite loans. The final credit decision, account monitoring, NPA classification, and recovery measures are undertaken by the individual lenders, while loan appraisal and processing are performed by lenders' branches and loan processing centres; lender onboarding to such marketplaces is subject to their internal approvals.
March 15, 2022
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Public sector financial performance shows improved profitability and reduced losses; no reported job losses from cost-cutting.
Aggregate financial reporting for Central Public Sector Enterprises shows that of 255 operational CPSEs, 177 were profit-making with aggregate profit increasing by 37.53% and aggregate losses among loss-making CPSEs decreasing by 29.86% in the reported fiscal comparison; Navratna CPSEs reported overall profit improvement and stated that cost-cutting did not cause job losses.
March 14, 2022
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Industry-Academia partnership drives Tex-preneurship, enabled by incentives and missions to scale textile innovation and manufacturing.
The address urges Institute of Chemical Technology students to lead a Tex-preneurship movement producing the next textile-sector unicorn and presents the government as an enabler through production-linked incentives, mega textile parks and the National Technical Textiles Mission to catalyse innovation, scale manufacturing, and global leadership in technical textiles.
March 14, 2022
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Self-reliance in energy and defence urged, with startups mobilised to innovate under Make in India and Atmanirbhar Bharat.
The Minister urged startups to develop technology-led solutions for self-reliance in energy and defence through indigenisation and innovation, framed within Make in India and Atmanirbhar Bharat, and assured ongoing government accessibility and sectoral support including semiconductor policy assistance.
March 10, 2022
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Merger control: Competition approval for acquisition of complete stake in L&T Investment Management, prompting regulatory review.
The Competition Commission of India approved the acquisition of the entire equity share capital of L&T Investment Management Limited by HSBC Asset Management (India) Private Limited, a transaction notified under Section 5(a) of the Competition Act, 2002 as an acquisition of share capital. HSBC AMC is the asset manager for HSBC Mutual Fund schemes and is an indirect wholly owned subsidiary of the HSBC group; L&T Investment Management is the asset manager for L&T Mutual Fund schemes and a wholly owned subsidiary of its sponsor. A detailed CCI order will follow.
March 10, 2022
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Merger clearance for acquisition of a controlling interest in Prione by Amazon Asia Pacific unit expands digital enablement and retail integration.
The Competition Commission cleared the acquisition by Amazon Asia Pacific Resources Private Limited of a controlling equity interest in Prione Business Services Private Limited. The Acquirer is an indirect wholly owned subsidiary of the Amazon group and does not itself operate in India, while the Target is Indian owned and controlled and provides digital enablement services to small and medium businesses; its wholly owned subsidiary, Cloudtail India Private Limited, operates B2C retail on the Amazon marketplace and undertakes wholesale trading.
March 10, 2022
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Venture capital role in empowering startups: promote domestic capital, focus on tier two to tier four towns and innovation.
Venture capitalists are central to startup and economic growth, and IVCA should act as a bridge between government, startups, markets and consumers to promote investment and innovation. Investors are urged to extend engagement to Tier 2, Tier 3 and Tier 4 towns to access regional talent and reduce premature takeovers caused by financing gaps. A fourfold investor focus is recommended: foster innovation and future technologies; mobilise domestic capital; fast track self reliance (AatmaNirbhar); and prioritise regional outreach, with startups positioned to contribute significantly to export growth and long term economic transformation.
March 9, 2022
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Repayment at par: special government loan repayable on due date with no interest accruing thereafter.
Outstanding balance of the specified special central government loan is repayable at par on the due date with no interest accruing thereafter; if a State Government declares a holiday on the repayment day, paying offices in that State will repay on the previous working day. Payment will be made by pay order with bank particulars or by credit through electronic means, and holders must furnish bank account particulars in advance; absent such particulars, holders must tender duly discharged securities at designated paying offices twenty days before the due date.
March 8, 2022
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Social inclusion of women entrepreneurs enables direct access to government procurement through a new stitching and tailoring service vertical.
GeM launched a Stitching and Tailoring Services vertical to integrate women entrepreneurs and self help groups into public procurement, enabling direct ordering by government buyers to meet the 3 percent procurement target for women MSEs. In partnership with USHA Silai School, GeM will enlist eligible women providers and provide capacity building, technical training, dashboards, localized learning resources, webinars and buyer alerts to support vendor onboarding, order fulfilment and increased participation in the government marketplace.
March 7, 2022
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Comprehensive Economic Partnership Agreement seeks to deepen India Bangladesh trade and joint manufacturing, including pharmaceuticals and defence production.
India seeks to advance a Comprehensive Economic Partnership Agreement (CEPA) with Bangladesh to deepen bilateral economic integration, prioritising uninterrupted supply chains and targeted investment promotion in sectors such as textiles, pharmaceuticals (including joint vaccine and API manufacturing), medical equipment, digital services, agribusiness, electronics and renewable energy, and urging elevation of defence cooperation through joint production and supporting concessional financing and economic zones to catalyse investment.
March 7, 2022
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Decoupling growth from carbon emissions through climate entrepreneurship and investment in renewable, hydrogen, and circular economy solutions.
The statement urges adoption of Climateprenurship to mobilise innovation and investment in climate solutions, stresses decoupling growth from carbon emissions via industry action and targeted investment in Renewable Energy, Hydrogen and Electric Vehicles, and highlights budgetary and programme measures-including sovereign green bonds and solar manufacturing incentives-that reinforce green industrialisation.
March 7, 2022
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PLI Scheme for White Goods reopens application window, permitting additional applicants under existing guidelines and tenure constraints.
The government reopened the PLI Scheme for White Goods application window to permit additional applicants to apply on the same terms as the published and amended Scheme Guidelines; incentives will be available only for the remaining tenure, applicants must use the designated online portal, and late submissions will not be accepted.
March 1, 2022
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National Startup Awards invite applications across sectors and special categories, offering recognition, pilot opportunities and event priority.
National Startup Awards 2022 invites applications across 17 sectors and 50 sub sectors and defines seven special categories including women led, rural impact, campus, manufacturing excellence, pandemic innovation, Indic language solutions, and North East and Hilly States startups. The programme also recognises incubators and accelerators and offers cash prizes, opportunities for pilot projects and corporate/public presentations, investor pitching, and priority participation in national and international startup events. Applications are to be submitted via the published portal by the announced deadline.
February 28, 2022
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Index of Eight Core Industries shows monthly increase, signalling sectoral recovery with mixed industry-wise performance.
Index of Eight Core Industries recorded a provisional increase of 3.7 percent in January 2022 and 11.6 percent growth for April-January 2021-22. Coal, Natural Gas, Refinery Products, Steel, Cement and Electricity rose in January; Crude Oil and Fertilizers declined. The release sets out industry weights, notes provisional status of recent months and methodological adjustments including renewable electricity inclusion and a new steel product classification.
February 28, 2022
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Integrated infrastructure planning under PM GatiShakti centralizes logistics coordination and digital single window integration for efficient movement of goods.
PM GatiShakti is an integrated national master plan to improve logistics efficiency by centralizing planning, providing a dynamic Geographic Information System portal for real time stakeholder inputs, and promoting synchronized, time bound implementation. Operational components include a Nation as a Whole integrated planning approach, Cooperative Federalism with enhanced capital investment, national expressway and multi modal cargo terminal development, a Logistics Workforce Strategy, and the Unified Logistics Interface Platform for a single window digital logistics ecosystem.

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