Wednesday, 14 January 2015

MAKE IN INDIA NATIONAL PROGRAMME

OBJECTIVE-To transform India into a global manufacturing hub.

LOGO-lionImage result for makein india logo

INITIATIVES
  • Focus on creating jobs and skill enhancement in 25 sectors including automobiles,aviation,I.T,defence,railways etc
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  • Launch of "www.makeinindia.gov.in" website as a guiding plateform for investors with assured answer of any query within 72 hours
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  • 100% FDI in telecom,single-brand retail,in asset reconstruction companies etc.

  • FDI limit increase from 26% to 49% in defence.

  • Government is looking into all regulatory processes in order to make them simple and reduce burden of compliance on investors.

  • plan to reform labour laws.

  • Amendment in land aquisition and rehabilitation act ,making it pro industrial.

  • Setting up of "investor facilitation cell"to take care foreign investors from their arrival to departure.

CONCLUSION
If India wanted to be a leader in world,economy it needs several policy reforms with true spirit of implementation of plans so that next generation would reap a good crop of financial revival.


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