INDIA IS A DREAM OF POSSIBILITIES MAKE IN INDIA

September 06, 2020

INDIA IS A DREAM OF POSSIBILITIES MAKE IN INDIA

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India is a dream of possibilities make in India:

Make in India is not merely a programmer rather it is the Himalayas of possibilities of developed India. Make in India" global initiative was launched on December 25, 2014 with an aim to global identity the Indian economy. The logo of this program are mechanized lion. This new large national program called make in India aims to establish India as a global construction hub.

This programme has been formulated with the objective of accelerating investment promotion, skill development, promotion of intellectual property protection and excellent construction infrastructure in the country. Under this massive campaign, several measures have been taken to simplify the arrangements for promoting investment and trading in India.

Components of make in India:

This initiative highlights the government's commitment to blueprint a new path that would welcome business institutions with a spirit of active co. An organization investment India in association with state governments and union of Indian industries, which will educate foreign investors about all aspects of regulatory and policy issues and help them in obtaining regulatory apple.

All regulatory procedures are being taken care of by the government to simplify them and reduce the burden of their rearing on invest. Portal for all kind of central regulatory compulsions will provide 24 hours and seven days online real time platform. State level clearance with participation from state governments can be taken from this portal. In the portal detail frequently asked questions dialog will help investors in getting immediate answers, user interface has been arranged to reply in at most 48 to 72 hours. Central official in all the major ministries have been prescribed for the same. Proactive approach has been adopted to explore end user of geographical location interested and in real time. Interview with important information and newsletter will be helped regarding questions registered or raised on the website.

Cottage Industries In India

Encouraging sign:

Make in India is trying to make the government work towards making the India initiative meaningful and successful. In the same order the make in India week in Mumbai from 13 to 18 February 2016 was organized by the department of industrial policy and promotion, ministry of commerce and industry. Make in India week main focus area designs were innovation and start up. Manufacturing design and innovation of this grand and big event brought it to the center in India with reference to industry buss. Here it would be right to underline that the first make in India dreams even like startup India will help. The scheme has been launched to strengthen the economy of the country to increase employment opportunities and increase the rate of growth. The scheme has been introduced for the convenience of people who wish to start their business but are unable to do so in view of hurdles in the country not in favorable environment or in starting a business. Keeping in view the problem, various concessions have been granted to the traders under start up India. Benefit of this initiative would be that youth will employ instead of finding job. thus making dream of "make in India".

Samsung phone industries in India ( Uttar-Pradesh)

What will have to do to make this initiative more meaningful:

Where opportunities have been created for the demonstration of manufacturing skills in India for traditional combination and collaboration, an investment friendly environment has been encouraged. Design innovation young entrepreneur and startups have found a incentive platform for connecting global CEO of policy makers ideas to entrepreneurs and politicians. It is the influence of make in India which was only 1.7 percent in the manufacturing growth year 2014. now it has gone up to 12.6 percent. Where the big and reputed companies like the Foxcon, Boeing, Demaler and IKEA have come to India and even the 50 mobile manufacturing companies have come to India. If mou has already been signed with countries like China, technology transfer and technical cooperation in the railways, funds have been allocated to rs 10,000 million for promoting research and development in electronics, nano electronics and it sector. Make in India initiative is beneficial for our country in many respects. As the movement will move, we shall be self - reliant in manufacturing goods at the indigenous level. This will also benefit us as the price of the commodity made in the house is less. Imports of goods from abroad add to its cost, as expenses in bringing products from abroad are included in the price of products. Obviously, when the goods are made in the country, they will be used for expenditure and the needs of the people of India. We will also be able to export these, which will increase the impact of foreign exchange in the country and increase the income generation will boost the government 's Treasury. Overall our economy will be strong. When production of goods increases at the indigenous level, the successful implementation of this initiative will lead to the establishment of cottage industries in rural towns and urban areas, thereby reducing the burden of employment.

With this, if the picture of rural India changes, the pressure on the agriculture sector will be even less. With employment generation, we can beat poverty.

Despite the many heartening signs of make in India, there is still some work to take place to further effect the initiative. But except a few majors most Indian companies are still not able to achieve big priced work from abroad. To boost investors' confidence, curbs on corruption are necessary but at the state level, corruption remains appalling. The government's land acquisition laws in its current form create difficulties in acquiring land for projects. These works can be further made" make in India" initiative worthwhile.

It is necessary to underline here that the country foreign capital investment and economic reforms are as essential as skilled Labour force. It is quite clear that factors like capital investment and economic reform will also fail to make India successful if. It is a good thing that keeping this requirement in mind the skill India has been initiated.

Conclusion:

Since the beginning of make in India, sure has started transforming to a country 's picture. Data provided by world bank rose in 130 in easy countries' category to do India business. India has leap up 12 nos. the way government has opened its doors to FDI is seen as a good chance of invest. We can say that India 's building initiative will establish and establish India as a nation that is inspiring and exemplary for other developing countries.

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