- Advertisement -
Home Economy Commerce Ministry discusses regulatory issues of startups

Commerce Ministry discusses regulatory issues of startups

0
Commerce and Industry and Civil Aviation Minister Suresh Prabhu chaired the roundtable meeting here.

The commerce and industry ministry today held consultations with various departments to resolve regulatory issues being faced by startups in the sectors such as e-pharmacy and unmanned aerial vehicle (UAV).

Issues like presence of pharmacist at e-pharmacy platforms, stream lining of application process for NBFCs by the Reserve Bank, reforms in current guidelines for UAV sector, “which does not allow for manufacturing of drones, and vehicle specifications for door to door retail delivery of petroleum, were discussed at length,” the ministry said in a statement.



Commerce and Industry and Civil Aviation Minister Suresh Prabhu chaired the roundtable meeting here.

Matters related with retail delivery of petroleum from door to door was also deliberated upon in detail.

“Held a roundtable meeting on regulatory issues with startups and representatives of various Ministries. An interactive discussion to understand regulatory issues faced by startups and the way ahead to facilitate.We are committed to foster entrepreneurial ecosystem in the country,” Prabhu said in a tweet.



Officials from different departments including industrial policy and promotion, RBI, SEBI, Ministry of Petroleum and Natural Gas, Ministry of Health and Family Welfare, Drugs Controller General OF India, Ministry of Finance were present in the meeting, it added.

- Advertisement -DISCLAIMER
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com

Exit mobile version