Introduction
Make in INDIA :-
Aimed at creating 100 million jobs over the next decade and bringing manufacturing up to 25% of Indian GDP, An initiative designed to facilitate investment, foster innovation, protect intellectual property, and build best-in-class manufacturing infrastructure .
As per the FDI Markets, a Financial Times, London data service -India has surpassed China and the US to take the pole position in attracting largest FDI in the first half of 2015.
Ease of doing Bussiness :-
Make India the easiest and simplest place to do business Eliminate paperwork, processes, procedures, rules & acts
Use technology to leapfrog Converge & integrate departments.
Importer Exporter Code
Allotment of Tax Deduction and Collection Account Number
Employer Registration with EPFO
License for Possession and Sale or Possession and Use of Explosives
Liberalized FDI Regime:
Railways - 100%
Construction - 100%
Medical Devices - 100%
Defence - 49%
Insurance and pension funds - 49
Red tape to Red Carpet
24x7 online service to investors across the world
Response query mechanism
Proactive intervention with all state governments
Follow-up with all Government of India departments
Japan+ and Korea+ special desks
Using technology to leapfrog - JAM
Jan dhan – 160 million new bank accounts of households
Aadhar – 1 billion aadhar enrolments, Unique identity movement
Mobile – 900 million cell phone users (370 mn in rural areas)
India using mobile technology, unique identity & bank accounts
Skill India
Demographic Dividend – 62% of population in Working Age Group
104 Million to be skill trained by 2022
New dynamic Skill Development & Entrepreneurship Policy
National Occupation Standards laid down by Sector Skill Councils
NSDC provides funding to build scalable, for-profit vocational training institutions (nsdcindia.org)
Other Initiatives of INDIAN government
Digital India - Transform India into a digitally empowered society and knowledge economy
Swachh Bharat Abhiyaan and Clean Ganga -
Focuses on building toilets, especially for women and make India the cleanest country
Clean Ganga aims to clean and rejuvenate the river Ganges
India - The vibrant nation of startups
Fastest and third largest ecosystem in the world
Technology product, digital & manufacturing startups projected for rapid growth
10 fold increase in access to capital through VC’s, angel investment and seat funding
Nation of job creators rather than job seekers
India is in the midst of a startup boom.
GE :-
Composite material design
Electromagnetic analytics
Nondestructive evaluation technology
Honeywell :-
Next generation magnetic sensors
Image analysis and computer vision
Intelligent vehicle technologies
General Motors :-
Smart system modeling
Vehicle structure and safety
Chemical reaction modeling
100 smart cities :-
Transforming lives, transforming India
Urban India will contribute 75% of GDP by 2030
700 million Indians to get in the process of urbanisation
Creating an innovative, sustainable India
Urbanisation - a unique opportunity
Conclusion
India is an emerging innovative nation with lot of youth power and this will lead them to a healthy and lusty country.
Thanks for reading. :)