HOW HAS THE MAKE IN INDIA POLICY AFFECTED INDIA’S ECONOMIC GROWTH OVER THE PAST 10 YEARS?

Since its implementation in 2014, the Make in India program has had a profound impact on India's economy, leading to record-breaking figures in various economic indicators. However, as with any nationwide program, there are industries that have not reaped the intended benefits. This research article examines both the positive and negative impacts of the Make in India program to provide a comprehensive understanding of its overall effect. By analyzing factors such as foreign direct investment (FDI), GDP growth rate, and unemployment rate, the study demonstrates the significant economic advantages derived from the program. Nevertheless, the research also acknowledges the negative consequences, such as the depletion of arable land and increased pollution levels. The article aims to evaluate whether the economic benefits outweigh the environmental damages caused by the program, offering insights into the program's efficacy and potential areas for improvement.