International Relations GS 2 In the news 4 times

DPIIT

Role in India's Investment Promotion Architecture

The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, is the nodal body for FDI policy in India. It issues the Consolidated FDI Policy (updated periodically), administers the Foreign Investment Facilitation Portal (FIFP), and coordinates inter-ministerial approval processes for government-route FDI cases.

Key details

DPIIT was renamed from DIPP (Department of Industrial Policy and Promotion) in 2019
FIFP (foreigninvestment.gov.in): single-window online portal for government-route FDI applications — replaced the old FIPB (Foreign Investment Promotion Board), which was abolished in 2017
After FIPB abolition: sector-specific ministries grant FDI approvals in their own sectors (e.g., Ministry of Defence for defence FDI); DPIIT coordinates
Press Notes: Policy circulars issued by DPIIT that amend or clarify the Consolidated FDI Policy — they are legally binding on all FDI transactions
Consolidated FDI Policy: Issued annually (last revised in 2020, with amendments via Press Notes since then)

In the news

● Tracked since March 11, 2026 · last seen August 31, 2026 · updates as the daily brief publishes

31 Aug '26

Over 40,000 reforms carried out in last decade for ease of business; Gujarat emerges as front-runner: DPIIT Secy

Economics

30 Apr '26

FDI inflows set to top $90 billion in FY26, says DPIIT Secretary Bhatia

Economics

22 Apr '26

DPIIT rolls out multi-sectoral regulatory relaxations to bolster industrial supply chains

Economics

11 Mar '26