New Delhi, Jan 30 (KNN) With a mandate to deal with matters related to start-ups, facilitating ease of doing business among others, the Department of Industrial Policy and Promotion (DIPP) has been renamed as the Department for Promotion of Industry and Internal Trade, according to an official order. 

The move comes amidst a demand by traders' body Confederation of All India Traders (CAIT) for forming a separate ministry for internal trade.

The president gave his nod to bring internal trade matters under the Department for Promotion of Industry and Internal Trade.

The newly-named department under the Ministry of Commerce and Industry will look into matters related to promotion of internal trade, including retail trade, welfare of traders and their employees, facilitating ease of doing business and start-ups, the order approved by President Ram Nath Kovind said. 

The matters related to internal trade were earlier under the domain of the Ministry of Consumer Affairs.