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Union minister Ashwini Vaishnaw said that the government will present a new Bill that fits into the comprehensive legal framework

The MoS for civil aviation also notified about the government's production-linked incentive (PLI) scheme to promote drone manufacturing by private companies

PM Modi said this accomplishment indicates the collective resolve of the people of India to embrace new technologies and make the economy cleaner

A whitepaper by Alvarez and Marsal launched in the conference stated that India needs to set up 46,000 EV charging stations to reach the global benchmark

The Union minister, Som Parkash, said over 20,000 per cent of growth in the number of startups happened within the last six years

As per company statement, Ola Electric is the only Indian EV company that received incentives under the advanced cell chemistry (ACC) PLI scheme and will begin its mass production by 2023

The parliamentary standing committee advised that there needs to be a clear definition of the two models, inventory-led and marketplace

The concern about the gig workers' condition came up with the Zomato's announcement of 10-minute food delivery with Zomato Instant

The plan is to reduce the high upfront capital expenditure for EV ownership

The Union minister also said that all stakeholders must perform best practices to boost cotton productivity in India

The minister of state also said that crypto as a means of payment is the logical extension of fintech

This comes in line after the announcement of RBI governor, Shaktikanta Das, on the allowing of linking the credit cards to UPI to facilitate payments

Jayant Sinha, BJP leader and former Union minister chaired the parliamentary standing committee on finance, has been analyzing various aspects of competition in the marketplace, mostly within the technology platforms

The finance minister said that any legislation for regulation or for banning can be effective only after significant international collaboration on evaluation of the risks and benefits and evolution of common taxonomy and standards

As per reports, in November 2021, a lot of Indian entrepreneurs shifted to Dubai and registered their businesses there, because of the high taxes and rigid rules for the cryptocurrency platforms

Union minister said that the proposals received from startups are related to space debris management, nano-satellite, ground systems among others

Out of the officially recognized startups, more than 45 per cent of the startups have at least a woman director

DoT, reportedly, has also raised the same issue several times over the past few years and conducted raids to stop this illegal sale

The notice demands a detailed reasoning from the EV players on why they should not be penalized for the EV fire incidents

The Prime Minister said that India wants to become chip maker from chip taker and aims to reach at $300 billion in the electronics manufacturing sector

The confederation asks government not to take coercive action against any trader or unit for at least the first year of the ban