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PYQ 1200 Q/A Part - 1
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PYQ 1200 Q/A Part - 5
Kerala PSC India Year Book Study Materials Page 288
Book's First PageIndustry THE Department of Industrial Policy and Promotion (DIPP), one of the departments under the Ministry of Commerce and Industry, was established in 1995 and was reconstituted 2000 with the merger of the Department of Industrial Development in it. Earlier separate Ministries for Small Scale Industries & Agro and Rural Industries (SSI&A&RI) and Heavy Industries and Public Enterprises (HI&PE) were created in place in 1999. With progressive liberalisation of the Indian economy, initiated in 1991, there has been a consistent shift in the role and functions of this Department. From regulation and administration of the industrial sector, it has been transformed into facilitating investment and technology flows and monitoring industrial development in the liberalised environment. The role and functions of DIPP, primarily include: (a) formulation and implementation of industrial policy and strategies for industrial development in conformity with the development needs and national objectives; (b) monitoring the industrial growth, in general, and performance of industries specifically assigned to it, in particular, including advice on all industrial and technical matters; (c) formulation of Foreign Direct Investment (FDI) Policy and promotion, approval and facilitation of FDI; (d) formulation of policies relating to Intellectual Property Rights in patents, trademarks, industrial designs and geographical indications of goods and administration of regulations, rules made there under. The Department monitors the industrial growth and production, in general, and selected industrial sectors, such as cement, paper and pulp, leather, tyre and rubber, light electrical industries, consumer goods, consumer durables, light machine tools, light industrial machinery, light engineering industries etc., in particular. Appropriate interventions are made on the basis of policy inputs generated by monitoring and periodic review of the industrial sector. The Department studies, assesses and forecasts the need for technological development in specific industrial sectors. On this basis, it plans for modernization and technological upgradation of the Indian industry so that, it keeps pace with the international developments in industrial technology on a continuing basis. In tune with its role as a facilitator of industrial development and investment, the Department plays an active role in investment promotion through dissemination of information on investment climate and opportunities in the country and by advising prospective investors about licensing policy and procedures, foreign collaboration and import of capital goods, etc. The Department is also responsible for Intellectual Property Rights relating to patents, designs, trade marks and Geographical indication of goods and oversees the initiative relating to their promotion and protection. International cooperation for industrial partnerships is achieved through both bilateral and multilateral arrangements. At bilateral level, in addition to being nodal Department for Indo- Swedish, Indo-Libyan, Indo-Hungarian and Indo-Belarus Joint Commissions, the Department is represented on joint commissions and joint working groups with select countries. Similar initiative is also in place with the European Union. The Department administers the central legislations: The Explosives Act, 1884, and the Inflammable Substances Act, 1952; the Salt Cess Act, 1953; the Patents Act, 1970, the Trade and