Sunday, October 01, 2023
Outlook India
Outlook Business

Piyush Goyal

The proposed national e-commerce policy is in the final stages and no new draft will be issued now to seek the views of stakeholders

The Textiles Ministry has also given a nod to 26 institutes for upgrading their laboratory infrastructure and training trainers in the application areas of technical textiles

The Commerce and Industry Minister also sought setting up a regulatory authority to monitor and regulate e-commerce trade in India

The best way is to be out of the start-ups ecosystem, he said, adding the government is not expected to start regulating or dictating or micro-managing the ecosystem

The discussions shed light on the immense potential for Ontario and India to forge deeper trade ties, promote entrepreneurship and innovation, and explore avenues for enhanced collaboration in various sectors·

In the EV segment, standards are being developed for specific requirements for electric power trains and rechargeable electrical energy storage systems for certain categories of vehicles, electric rickshaws and type approval of hybrid electric vehicles

As a one-day event, Enabling Bharat 2.0 brought together industry experts and government officials to explore the power of open networks in revolutionizing digital commerce across India

Goyal is expected to launch the Startup India Investor Connect portal, ideated by the council and co-developed by the department for the promotion of industry and internal trade (DPIIT ) and SIDBI at this meeting

Ministers and senior officials besides the private sector have participated in the two-day meet which started on January 28

The minister also sought views of the startup community in further reducing compliance burden, and simplification of processes to promote ease of doing business in the country