The Department for Promotion of Industry and Internal Trade has notified for continuation of the Scheme for Investment Promotion (SIP), a Central Sector scheme, for the duration of five years (i.e., FY 2021- 22 to 2025-26) vide notification dated November 29, 2021. The scheme comprises of a number of components and activities for promotion of investment into the country with a financial outlay of INR 970 crores.
The continuation of the “Scheme for Investment Promotion (SIP)” has been extended from FY 2021-22 to 2025-26 with the following components:
- Investor targeting & facilitation – Domestic & International activities
- Investment promotion – Amplification & outreach activities
- Project management activities
- Foreign Travel.