Make In India
What it is
- Increase manufacturing
- Manufacturing hub by 2022
Problems faced by manufacturing sector
- Entry and exit problems
- Red tapism
- Corrupt bureaucracy
Way ahead
- Quality education
- Employability
- GST
- Land acquisition and labour laws
- Intellectual property law
THE ESSAY BEGINS…
Launched in 2015, this program aims at increasing manufacturing in India, by encouraging domestic production and international investment, so as to make India a manufacturing hub by 2022. Designed to cure the ills Indian manufacturing sector had been suffering, with a stagnant share of 15% of GDP, it lays emphasis on 25 sectors.
Entry and exit problems, with red tapism and corrupt bureaucracy were often cited as the major obstacles standing in the way of investment, and a one-stop solution was found for these in the form of digitalization, thus ensuring the
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