CENTRAL GOVERNMENT SCHEMES
Make in India-2014
Launched: 25 September 2014
Main Objective: To encourage multi-national, as well as domestic companies to manufacture their products in India and create jobs and skill enhancement in 25 sectors.
The major objective behind the initiative is to focus on job creation and skill enhancement in 25 sectors of the economy. The initiative also aims at high quality standards and minimising the impact on the environment. The initiative hopes to attract capital and technological investment in India.
About Complete Scheme
How this would be achieved
1. Skill development programs would be launched especially for people from rural and poor ones from urban cities
2. 25 key sectors have been short listed such as telecommunications, power, automobile, tourism, pharmaceuticals and others
3. Individuals aged 15-35 years would get high quality training in the following key areas such as welding, masonries, painting, nursing to help elder people
4. Skill certifications would be given to make training process, a standard. Currently manufacturing in India suffers due to low productivity rigid laws and poor infrastructure resulting in low quality products getting manufactured.
5. Over 1000 training centres would be opened across India in the next 2 years
6. For companies setting up factories, “Invest India” unit is being set-up in the commerce department which would be available 24/7. The main focus of this department would be to make doing business in India easy by making all the approval processes simpler and resolving the issues in getting regulatory clearances within 48-72 hours so that clearances are fast. To make this possible, special team would be available to answer all the queries related to help foreign investors/companies.
7.The e-biz portal would be soon launched which would be real time and available 24*7
1. This will help in creating job market for over 10 million people in India
2. Manufacturing done here would boost India’s GDP, trade and economic growth
1. Launch of Make in India campaign will take place on 25th Sep 2014
2. The sales pitch would be made available in capital cities in India and countries with time zone similar to India
3. Over 15000 crores would be spent to open the training centres
4. Translation of prime minister’s speech would be available in multiple languages German, French, Japanese and Russian