DPIIT working on new industrial policy; proposes scheme for Made in India ...Middle East

Business Standard - Economy
source : Business Standard ( Middle East ) () 39
The Department for Promotion of Industry and Internal Trade (DPIIT) is working on a new industrial policy that proposes to increase financing sources for industry and a scheme for promoting Made in India brand, sources said. It has suggested various ways for wider access to finance for the industry such as setting up of a development finance institution to provide finance at competitive rates and considering using some part of foreign exchange reserves for such funding. The draft - Statement on Industrial Policy 2022 Make in India for the world - has been circulated to different ministries for their views and comments. The proposed policy, sources said, is aimed at addressing issues and cha

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