16 Sep PRELIMS BITS: BHASKAR PLATFORM and DPIIT.
This article covers “Daily Current Affairs” and topic details of the BHASKAR PLATFORM and DPIIT.
Syllabus mapping:
GS- Recent events of national and international importance.
For Prelims:
What is the BHASKAR platform, DPIIT mandate, GI tag, and other related mandate of the DPIIT?
BHASKAR PLATFORM
Recent Context:
DPIIT to launch BHASKAR: A Revolutionary Platform for India’s Startup Ecosystem.
Key Facts about BHASKAR
Initiative: The Department for Promotion of Industry and Internal Trade (DPIIT) is launching BHASKAR, a digital platform under the Startup India program.
Objective: BHASKAR aims to centralize, streamline, and enhance collaboration among stakeholders in India’s startup ecosystem, including startups, investors, mentors, service providers, and government bodies.
Vision: The platform aligns with the Government of India’s goal to transform India into a global leader in innovation and entrepreneurship.
Platform Features:
Networking and Collaboration: Facilitates interaction between various stakeholders.
Centralized Resource Access: Provides startups with immediate access to critical tools and knowledge.
Personalized Identification: Issues unique BHASKAR IDs to each stakeholder for tailored interactions.
Enhanced Discoverability: Offers powerful search features to locate resources, collaborators, and opportunities.
Global Branding: Promotes India’s reputation as a hub for innovation and facilitates cross-border collaborations.
Impact: BHASKAR is expected to be a central hub for collaboration, idea exchange, and growth, helping to unlock the full potential of India’s startup ecosystem.
Significance: BHASKAR will drive India’s emergence as a global leader in entrepreneurship by fostering a connected, efficient, and collaborative environment.
Department for Promotion of Industry and Internal Trade (DPIIT)
Establishment and Renaming
Founded: 1995
Reconstituted: 2000, with the merger of the Department of Industrial Development
Formerly Known As the Department of Industrial Policy & Promotion
Current Name: Renamed as DPIIT in January 2019
Expanded Responsibilities
E-commerce: Responsibilities transferred in 2018
Internal Trade: Includes welfare of traders and employees (from 2019)
Startups: Added to DPIIT’s portfolio (from 2019)
Logistics Sector: Integrated development responsibility (from November 2021)
Core Role
Promote Industrial Development: Facilitate investment in new technologies, accelerate foreign direct investment (FDI), and support balanced industry and trade development
Major Responsibilities:
1. General Industrial Policy
2. Productivity in Industry
3. E-Commerce Matters
4. Promotion of Internal Trade
5. Welfare of Traders and Employees
6. Facilitating Ease of Doing Business
7. Start-Ups
8. Integrated Development of Logistics Sector
9. Monitoring Project Implementation
10. PM Gati Shakti National Master Plan
Intellectual Property Rights (IPR): Handles protection and administration of IPRs
Foreign Direct Investment (FDI): Facilitates direct foreign and non-resident investments
Special Economic Zones: Includes investments by Overseas Indians
Industry Development
Focus Areas: Includes sectors such as cables, light engineering products, light industries, electrical engineering products, and various other industries not covered by other ministries
Legislations Administered
1. Industries (Development and Regulation) Act, 1951
2. Explosives Act, 1884
3. Inflammable Substances Act, 1952
4. Boilers Act, 1923
5. Patents Act, 1970
6. Copyright Act, 1957
7. Trade Marks Act, 1999
8. Design Act, 2000
9. National Institute of Design Act, 2014
10. Geographical Indications of Goods (Registration and Protection) Act, 1999
11. Semiconductor Integrated Circuits Layout-Design Act, 2000
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PRELIMS QUESTION:
Q. With regards to the Department for the Promotion of Industry and Internal Trade (DPIIT), Consider the following statement:
1. The DPIIT is an administrative department under the Ministry of Finance.
2. The major function of the DPIIT is to promote the start-up culture in India.
3. The DPIIT also administers the Geographical Induction of Goods ( Registration And Protection) Act 1999.
4. Recently DPIIT launched the BHASKAR platform for the easy approval of the FDI.
How many of the above-given statements are correct?
A. Only one
B. Only two
C. Only three
D. All four
ANSWER: B
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