International Journal For Multidisciplinary Research

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Influence of Make in India on Indian Economy

Author(s) Jayanand.V.Hatti
Country India
Abstract Make in India is a very important and new concept of the Government of India designed to facilitate investment, foster innovation, enhance skill development, protect intellectual property and build best in class manufacturing infrastructure in the country. The primary objective of this initiative is to attract investments from across the globe and strengthen India’s manufacturing sector. It is being led by the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, Government of India. The Make in India programme is very important for the development of India as it aims at utilizing the existing Indian talent base, creating additional employment opportunities and empowering secondary and tertiary sector. The programme also aims at improving India’s rank on the Ease of Doing Business index by eliminating the unnecessary laws and regulations, making bureaucratic processes easier, making the government more transparent, responsive and accountable.
Present paper divided in to six sections. Introduction is first section, second section consists objectives of the programme, third section devotes scope of the scheme, fourth section deals with impact of the scheme on Indian Economy, fifth section reveals advantages and disadvantages of the scheme and sixth section concludes the paper.
Keywords Indian Economic Development
Field Sociology > Economics
Published In Volume 5, Issue 6, November-December 2023
Published On 2023-12-01
Cite This Influence of Make in India on Indian Economy - Jayanand.V.Hatti - IJFMR Volume 5, Issue 6, November-December 2023. DOI 10.36948/ijfmr.2023.v05i06.9743
DOI https://doi.org/10.36948/ijfmr.2023.v05i06.9743
Short DOI https://doi.org/gs7v24
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