Thursday, 25 September 2014

MAKE IN INDIA CAMPAIGN

OFFICIAL CAMPAIGN LOGO



What is this campaign about
·         The main aim of the campaign is to give INDIA ECONOMY A GLOBAL RECOGNITION
·         To boost foreign direct investment in the country
·         To create India as manufacturing center.
·         It was declared on 25th September 2014, on 98th birth anniversary of Pandit DEENDAYAL UPADHYAY.


Why is it needed and challenges it will overcome.
·         To create more employment opportunity.
·         To increase the purchasing power of people.
·         To reduce poverty.


What are challenges this will overcome.
·         Government has started NATIONAL SKILL DEVELOPMENT CORPORATION, which will imbibe industrial skills to youth.
·         While make in India campaign will provide employment opportunities to skilled manpower.
·          It will make India manufacturing hub. So service led growth will be replaced by production based growth.


How Will It Be Achieved
·         Through effective governance- improving infrastructure bottlenecks such forest clearance, credit availability, ministry clearances etc.
·         Government has already granted 100% FDI through automatic route in case of infrastructure projects.
·         By improving on the ease of doing business which is very low (134 out of 189).
·         More investment from the western development countries

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