BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
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Department of Industrial Development
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Division of Industrial Design
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Department of Industry Data
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Division of Industrial Development
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Detailed explanation-1: -The Department for Promotion of Industry and Internal Trade was established in 1995 and has been reconstituted in the year 2000 with the merger of the Department of Industrial Development.
Detailed explanation-2: -IDBI may also assist Industrial concerns engaged In the research and development of any process or product or in the provision of special technical knowledge or other services for the promotion of industrial growth.
Detailed explanation-3: -DPIIT is the nodal Department in Government of India for coordinating and implementing programmes with the United Nations Industrial Development Organization (UNIDO) in India.
Detailed explanation-4: -1 The Department for Promotion of Industry and Internal Trade is the Nodal Department for formulation of policy of the Government on Foreign Direct Investment (FDI). It is also responsible for maintenance and management of data on inward FDI into India, based upon the remittances reported by the Reserve Bank of India.