According to an official order, the Department of Industrial Policy and Promotion (DIPP) will now be known as the Department for Promotion of Industry and Internal Trade as it has been renamed with a mandate to deal with matters related to start-ups, facilitating ease of doing business among others.
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The newly-named department, under the Ministry of Commerce and Industry, will look into the matters related to promotion of internal trade, including retail trade, welfare of traders and their employees, facilitate ease of doing business and start-ups.
The matters related to internal trade were earlier under the domain of the Ministry of Consumer Affairs.
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Earlier, the President Ram Nath Kovind approved the order and gave his nod to bring internal trade matters under the Department for Promotion of Industry and Internal Trade.
The move comes amidst a demand by traders’ body CAIT for forming a separate ministry for internal trade.