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Rajya Sabha: Venkaiah Naidu Compliments YSRCP MP Vijayasai Reddy
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Take steps to contain further deterioration in exports, imports: Par Panel
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Parliamentary panel for early disposal of pending 205 FDI proposals
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Last Updated: Mar 17, 2021, 06:04 PM IST
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Regarding intellectual property, the report said the committee has suggested the department fill the vacancy at all levels in the patent office at the earliest.
On the fund of fund scheme (FFS) for startups, the committee expressed concerns over the low number of startups benefitting under FFS as lack of adequate funding may adversely impact the functioning and commercial viability of startups.
A parliamentary panel has recommended the Department for Promotion of Industry and Internal Trade (DPIIT) for taking necessary steps for disposal of 205 pending FDI proposals by the respective ministries. A report by the department-related Parliamentary Standing Committee on Commerce said that since the abolition of FIPB (foreign investment promotion board), 471 out of 676 proposals (including 99 proposals transferred from FIPB) have been disposed off as o
Take steps to contain further deterioration in exports, imports: Parliamentary Panel
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Last Updated: Mar 17, 2021, 09:34 PM IST
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A report by the department-related Parliamentary Standing Committee on Commerce said the committee is perturbed to note the precipitous decline in both exports and imports in 2020 which is to the tune of around USD 50 billion and around USD 150 billion, respectively.
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The panel has also recommended to further extend the interest subsidy scheme for a year since the abrupt discontinuation would adversely impact the MSME exporters in these difficult times.
A parliamentary panel has suggested to the Department of Commerce to take appropriate measures to check further deterioration in exports and crucial imports for preventing more disruptions in the supply chains. A report by the department-related Parliamentary Standing Committee on Commerce said the committee is perturbed to note the precipitous decline in both export
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