Make in India and Ease of Doing Business
Journal: International Journal of Science and Research (IJSR) (Vol.5, No. 1)Publication Date: 2016-01-05
Authors : R. Geetha;
Page : 1649-1651
Keywords : Global investment; Commerce; Industry; Business environment; Government;
Abstract
The MAKE IN INDIA programme is aimed at showcasing India as a global investment destination. The programme is being implemented by Department of Industrial Policy and Promotion, Ministry of Commerce and Industry. Further steps by Govt. like the Digital India campaign, invitation to the leaders of all the SAARC countries, US and Japan visit and various business friendly reforms have significantly created a positive business environment in the country. After all these efforts there are still some bottlenecks are there in economy which Government needs to address towards making India a global manufacturing hub. This research paper aims to identify some of the key challenges in the path of development and recommend possible solutions to deal with the same. The data obtained from various sources like W. A. I, World Bank, Ministry of R. T. H. , Reports from E & Y various news articles from some of the leading newspapers, this paper has been able to identify the following major challenges in the path of making India a global manufacturing hub and accordingly make a few suggestions regarding possible solutions to deal with each of the issues Land acquisition challenges Infrastructure development of major roads and highways in the country Improving the ease of doing business in India Improving the employability of general and engineering graduates Capacity addition in the power sector to meet industrial energy demand
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