Pradhan Mantri Make In India Pdf | UPSC | Features, Objectives, Aim – The Indian economy is growing optimistically with strong growth in the country and improvement in the overall business outlook and signs of investment. With the help of new efforts and initiatives of the Government, the construction sector has improved considerably. Prime Minister, Shri Narendra Modi, launched the ‘Make in India’ programme on 25th September, 2014 to transform India into a global hub of important investment and construction, structure and innovative experiments.
‘Make in India’ focuses mainly on the manufacturing sector but also aims to promote entrepreneurship in the country. The approach is to create a conducive investment environment, modern and efficient infrastructure, open up new sectors for foreign investment and build a partnership between the government and industry.
There has been positive response from across the country and abroad on the ‘Make in India‘ initiative. More than 12,000 questions have been received on its website from the time of launch of the campaign by the Investor Facilitation Cell of Invest India. Countries like Japan, China, France and South Korea have shown their support for investing in India in various industrial and infrastructure projects. The following twenty-two sectors under the ‘Make in India’ initiative.
Pradhan Mantri Make In India 2021 | Make In India 2.0
|Make In India
|Central Govt Schemes
|To transform India into a global hub of important investment and construction, structure and innovative experiments.
|25 September 2014
Make in India Policy and Rules : Pradhan Mantri Make In India
- Under the Make in India initiative, the central govt. wants maximum increase in production levels of the focused 25 sectors.
- The prime policy is to facilitate the in-house manufacturing units to expand their business and reach out to the global market.
- In addition to this, the government’s policy to provide EODB to foreign companies and investors to attract more FDI in the country.
- Before this Make in India initiative, only 26 % of FDI was sanctioned to the Defence sector, which has been to 49 % under new rules.
- In the Railways sector also, the FDI has been allowed up to 100 %.
Key Schemes Launched to Support Make In India
There are various key schemes launched by the government of India to support the Make in India campaign from time to time. These include:
|Skill India Mission
|This mission aims to skill 10 million in India annually in various sectors.To support the effective implementation of the Make In India campaign, there is a need to upskill the large human resource available.Currently, the percentage of formally skilled workforce in India is only 2% of the population.The Skill India programme aims to widen this percentage through various skill development programmes across the country.
|Startup India Program aims to build an ecosystem that fosters the growth of startups, driving sustainable economic growth, and creating large-scale employment.Under this program, the government has introduced several key relaxations for entrepreneurs.
|This aims to transform India into a knowledge-based and digitally empowered economy by making many services completely online.
|Pradhan Mantri Jan Dhan Yojana (PMJDY)
|The mission envisages financial inclusion to ensure access to financial services, namely banking savings & deposit accounts, remittances, credit, insurance, pension in an affordable manner.
|This mission aims to transform and rejuvenate Indian cities.The goal is to create 100 smart cities in India through several sub-initiatives.
|AMRUT is the Atal Mission for Rejuvenation and Urban Transformation.It aims to build basic public amenities and make 500 cities in India more livable and inclusive.
|Swachh Bharat Abhiyan
|This mission aims to make India cleaner and promote basic sanitation and hygiene.
|This scheme aims at developing ports and promoting port-led development in the country.Several ports are being constructed and renovated under this project.
|International Solar Alliance (ISA)
|The ISA is an alliance of countries most of which lie in the temperate zone.This is India’s initiative aimed at promoting research and development in solar technologies and formulating policies in that regard.The headquarters of ISA is in Gurugram.
|AGNII or Accelerating Growth of New India’s Innovation was launched to push the innovation ecosystem in the country by connecting people and assisting in commercializing innovations.