Key
policies:
1. Ease of business: Make in India is a policy that combines incentives with easy handling of businesses and a faster redressal machinery. Only Business, NO harassment is the underlining idea. India lies at 142nd place in the Ease of Doing Business Index below several African countries and it's a shame.
1. Ease of business: Make in India is a policy that combines incentives with easy handling of businesses and a faster redressal machinery. Only Business, NO harassment is the underlining idea. India lies at 142nd place in the Ease of Doing Business Index below several African countries and it's a shame.
2.
Skill and jobs for the youth: Skill endowment and job creation in 25 key
industries will be encompassed under this plan for able youth development and
relevant training in certain key areas. These industries include roads and
highways, construction, defence development and automobiles among others.
3. Making India a manufacturer: Urging global investors to make India an industrial hub is the eye-catching feature about which all of us read everyday. Narendra Modi is urging investors to set up industries in India instead of just FDI. This includes making India a destination for production of goods and exporting the same to the world over.
India has demand, demography and democracy and we need $$$, technology and exposure.
3. Making India a manufacturer: Urging global investors to make India an industrial hub is the eye-catching feature about which all of us read everyday. Narendra Modi is urging investors to set up industries in India instead of just FDI. This includes making India a destination for production of goods and exporting the same to the world over.
India has demand, demography and democracy and we need $$$, technology and exposure.
4.
Getting away with archaic laws: Raising FDI caps in a controlled manner and
parting with the red tape restrictions in decision making is another important
feature of this plan. Archaic laws have become synonymous with our country's
business-related environment and hence this Make in India campaign aims at
eliminating them.
The problems faced by Walmart in setting up in India paint a gloomy picture and this sets a precedent for others to follow. Infrastructure is ailing and set up in red-tape and this plan aims at redressing that.
5. 100 smart cities: This will also help in achieving the target of 100 smart cities and affordable housing schemes by making the investors a partner in the plan and investors adopting a city.
6. Disinvestment of PSU: Certain inefficient and loss-incurring PSUs will be disinvested i.e. a certain part of them will be sold off to private players so as to generate revenue and do away with the resource-sucking headaches. Private firms have an unmatched administration and management at times.
The problems faced by Walmart in setting up in India paint a gloomy picture and this sets a precedent for others to follow. Infrastructure is ailing and set up in red-tape and this plan aims at redressing that.
5. 100 smart cities: This will also help in achieving the target of 100 smart cities and affordable housing schemes by making the investors a partner in the plan and investors adopting a city.
6. Disinvestment of PSU: Certain inefficient and loss-incurring PSUs will be disinvested i.e. a certain part of them will be sold off to private players so as to generate revenue and do away with the resource-sucking headaches. Private firms have an unmatched administration and management at times.
There's no denying that
India, a country with demand, demographic dividends and democracy
lagging in 142nd place in the Ease of doing business Index is a heartbreaking
scenario.
What a great sea of opportunities with extraordinary demands but there are more than one stumbling blocks that hold us back. What a great land of oozing abundance and startling scarcity.
To raise the standard of living, to make our country a major hub for industries and to embrace progress leaving behind our anti-business leanings for good this is the right step ahead.
What a great sea of opportunities with extraordinary demands but there are more than one stumbling blocks that hold us back. What a great land of oozing abundance and startling scarcity.
To raise the standard of living, to make our country a major hub for industries and to embrace progress leaving behind our anti-business leanings for good this is the right step ahead.