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  • Make in India - A Rejuvenal For Entrepreneurship

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    Make in India - A Rejuvenal For Entrepreneurship

    Uploaded by

    Ravindra Shenoy

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Make in India : a rejuvenal for entrepreneurship

    The Government’s concept of making India self-sufficient and a strong economy has been bolstered by
    the idea of Make in India. This has given a wide and encouraging opportunity for entrepreneurs in India.
    It has also paved way to a wider and a regular market for indigenously manufactured goods and
    services. This will definitely bring in a steep fall in the unemployment rates and boost the economy
    further, in the process will increase the GDP too. This also will halt the Brain Drain

    Make in India is basically a project to encourage domestic manufacturing to boost job creation and skill
    enhancement. The major objectives listed are :
    (1) to facilitate investment
    (2) to foster innovation,
    (3) to enhance skill development
    (4) to protect intellectual property,
    (5) to build manufacturing infrastructure

    The Major Highlights of Make in India :

    1. Invest India cell: An investor facilitation cell set up by the government which will act as the first
    reference point for guiding foreign investors.
    2. Consolidated services and faster security clearances: All central government services are being
    integrated with an e-Biz single window online portal while states have been advised to introduce self-
    certification.
    3. Dedicated portal for business queries: A dedicated cell has been created to answer queries from
    business entities through a newly created web portal (MAKE IN INDIA).
    4. Interactions with the users/visitors: A pro-active approach will be deployed to track visitors for their
    geographical location, interest and real time user behavior.
    5. Easing policies and laws: A vast number of defense items have been de-licensed and the validity of
    industrial license has been extended to three years.

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