Patent application examination time cut to 24-36 months: Piyush Goyal
Thursday, February 6, 2020, 8:49 AM
Commerce and industry minister Piyush Goyal said the government is examining representations regarding allegations about some ecommerce companies engaging in predatory pricing and excessive discounts. "Representations have been received in this department (DPIIT) alleging that some ecommerce platforms are engaged in predatory pricing and are providing excessive discounts....These representations are under examination," Goyal said in reply to a question in the Lok Sabha.
Govt may bring separate policy for electronics to boost FDI
Tuesday, July 16, 2019, 4:11 PM
In a move that may be a boost for hi-tech companies like Apple, Samsung, etc., the government is likely to formulate a separate policy for electronics to attract higher FDI and make the country an export hub. This means electronics will not form part of the easing of the 30% local-sourcing-norms for single-brand retail, about which finance minister Nirmala Sitharaman spoke in the Budget.
Customs regime may be tweaked to boost make in India, exports
Saturday, June 29, 2019, 1:06 PM
India is likely to revamp its customs duty regime, weeding out some exemptions and correcting inverted duty structures to give a boost to the government's Make in India manufacturing initiative as well as exports. It is also considering easing of procedures for industry such as anonymous assessments and speedier clearances, while taking steps to curb evasion.