2. MAKE IN
INDIA
The ' Make in India' Initiative of Govt. of India is playing a major Role in
the India Growth Story .
Chartered Accountants in Industry and Profession are involved in very
significant functions as Entrepreneurs, Professional Managers and
Professionals to Make India improve its position substantially in "Ease
of Doing Business " and by Making India as :
• 1st among the World's Fastest Growing Economies
• 1st among 100 Countries on the Growth, Innovation and Leadership
Index
• 7th most Valued Nation Brand in the World.
• Among the top 10 FDI Investment Destinations
• 1st Choice for Tech MNC's to set up R & D Centers
• 1st amongst 110 Investment Destinations rolled globally
This special Event is highlighting opportunities in the India Growth Story
with Start up India , Skills India , Digital india and encouraging
Entrepreneurs across various Sectors from Conception stage to Growth ,
Stability and Value Creation in the resilient Indian Economy
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3. 4 PILLARS
OF MAKE IN
INDIA
Make in India - 4 Pillars and Sectoral Focus
• Ease of Doing Business
• FDI
• Intellectual Property
• National Manufacturing - focus on 25 Sectors
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1. Automobile
2. Automobile Components
3. Aviation
4. Biotechnology
5. Chemicals
6. Construction
7. Defense Manufacturing
8. Electrical Machinery
9. Electronic systems
10. Food processing
11. IT & BPM
12. Leather
13. Media & Entertainment
14. Mining
15. Oil & Gas
16. Pharmaceuticals
17. Ports & Shipping
18. Railways
19. Renewable Energy
20. Roads & Railways
21. Space
22. Textile & Garments
23. Thermal Power
24. Tourism & Hospitality
25. Wellness
Visit -
http://www.makeinindia.com/home
4. ROLE OF CA AS
FINANCE
PROFESSIONALS
1. Startup - Promoter
2. Mentoring
3. Governance - Board / Promoter / Independent
4. Compliance - Audit & Assurance, Tax, Company Affairs, Statutory
areas
5. Consulting
6. Fund Raising / Investment Banking
7. Due Diligence
8. Valuations
9. M & A
10. Kpo/ Bpo
11. Analytics
12. Intermediary/ Agency/ Broker (Dalal)
13. Investment Advisor
14. Research Analyst - Fundamental and Technical
15. Trading / Speculation ?
16. Others
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5. ROLE OF CAs
IN MAKE IN
INDIA
Contribute to India Growth Story at Organizational Level
1. Entrepreneur - Start up or of Established Co in expansion,
consolidation, restructuring or Innovation phase.
2. Professional Manager - at Board (Governance level), Operating (CEO,
CFO, CXO , Middle Management or IR management level)
3. Professional CA - (Partner , Director , Principal , Manager or Assistant
level) in various functional areas.
4. Services and Outsourcing - KPO/ BPO/ skills space.
5. Education and Training (including Content Development)
6. Startup - Incubation / Disruption/ Innovation
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6. MCA
• Investor awareness programmes all over country
• Boards - Disclosures and Boards – Duties
• Micro, Small and Medium Enterprises (MSME)
• 8% of country's GDP
• 45% of Manufacturing
• Safeguards for Lenders / Depositors
• Registration Charges
• Quick & speedy formation of companies providing boost to Startups
• Corporate Social Responsibility (CSR)
• Visit: http://www.mca.gov.in/
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7. ROAD TO
SUCCESS
THROUGH
REFORMS
Ease of doing business
• Need to move higher in top 50 to boost investment &
competitiveness
• Implement GST to boost growth and competitiveness
• Infrastructure push to boost growth
• Land and Real Estate reforms to boost investment and employment
• Labour reforms to boost employment
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8. INDIA
GROWTH
STORY
• Old Economy or New Age businesses - Major Industrial Houses Tata's,
Birla's, Reliance, Mahindra's, Vedant groups and many more making
significant commitments
• Foreign Majors / Agencies Making huge investments in Infra -
Corridors, Railways, Power, Telecom, Auto, Manufacturing, Digital
etc.
• 100 Smart Cities powered by Digital India
• Amazon announces set up dedicated Make in India stores on its India
and US websites.
• Special Wallets for Made in India products – eg. paytm
• Innovations - Robots high technology innovations for Safety and
Productivity at global standards eg TAL Manufacturing Solutions - a
Tata Motors subsidiary, ABB etc
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9. ROLE OF
SKILLS IN
MANAGING
INDIA
• India is at crossroads in its ambition to emerge as an economic
superpower.
• And never before has the need for an army of skilled manpower been
felt this strongly.
• It is a challenge we must take head-on , not just for this generation
but also for many to come in the future.
• Let them not find us wanting - Mr S. Ramodorai, Chairman, National
Skills Development Corporation
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10. ROLE OF
SKILLS IN
MANAGING
INDIA
• India needs to learn a lot of new skills for making Global Brands,
including miniaturization.
• However , we are some time away from that.
• However this is the right time to start learning new skills for India -
Mr. Kumar Mangalam Birla at CNN Asia Business Forum on 14 Feb
2016
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11. SKILL INDIA
11
Top 10 Sectors to account for about 80% of requirements
Mandate to skill 150 million people by 2022
Visit - http://www.nsdcindia.org/
12. DIGITAL
INDIA -
VISION
Digital Infrastructure as a Utility to every Citizen
• High speed internet
• Digital identity – cradle to grave unique identity
• Shareable private space on public cloud
Governance & Services on Demand
• Seamlessly integrated across departments or jurisdictions
• Services available in real time from online &mobile platform
• All citizen entitlements to be available on the cloud
• Making financial transactions electronic & cashless
• Leveraging GIS for decision support systems & development
Digital Empowerment of Citizens
• Universal Digital Literacy
• Universally accessible digital resources
• All documents/ certificates to be available on cloud
• Availability of digital resources / services in Indian languages
• Collaborative digital platforms for participative governance
• Portability of all entitlements through cloud
Visit - http://www.digitalindia.gov.in/
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14. 9 PILLARS
OF DIGITAL
INDIA
14
1. Broadband Highways
• Rural – connecting 2.5 lakh villages by National Optical Fibre Network
by Dec 2016.
• Urban – Virtual Network Operators would be leveraged for service
delivery and communication infrastructure in new urban development
projects
• National information infrastructure – integrating networks like SWAN,
NKN and NOFN along with cloud enabled National and State Data
Centres
2. Universal Access to Mobile Connectivity
• Fill the gap in connectivity
• All uncovered villages will be provided mobile connectivity
3. Public Internet Access Program
• Common service centre (CSC) – 1 in each Gram Panchayat. End points
for delivery of government and business services
• Multi Service Centre – 150,000 post offices to be converted
4. E-Governance: Reforming Governance Through Technology
• Form simplification, field reduction, online application, online
repository,
• Integration of service platform - UIDAI, Payment Gateway, Mobile
Platform, Electronic Data Interchange (EDI)
• Workflow Automation Inside Government
• Public Grievance Redressal
15. 9 PILLARS
OF DIGITAL
INDIA
15
5. E-Kranti: Electronic Delivery of Services
• Education – connecting 250,000 schools by broadband, free wifi,
MOOCs
• Healthcare - cover online medical consultation, online medical
records, online medicine supply, pan-India exchange for patient
information
• Farmers - facilitate farmers to get real time price information, online
ordering of inputs and online cash, loan and relief payment with
mobile banking.
• Security - Mobile based emergency services and disaster related
services
• Financial Inclusion - Mobile Banking, Micro-ATM program and CSCs/
Post Offices
• Justice - Interoperable Criminal Justice System shall be strengthened
by leveraging e-Courts, e-Police, e-Jails and e-Prosecution.
• Planning - GIS based decision making for project planning,
conceptualization, design and development
• Cyber Security - National Cyber Security Co-ordination Center would
be set up to ensure safe and secure cyber-space within the country.
16. 9 PILLARS
OF DIGITAL
INDIA
16
6. Information to All
• Open Data platform and online hosting of information & documents
Engaging with government via MyGov.in platform
• Online messaging to citizens through emails and SMSes for special
occasions
7. Electronics Manufacturing Targeting Net Zero Imports
• Net Zero imports
8. IT for Jobs
• Training - 1 Cr students for IT jobs over 5 years, 3 lakh service delivery
agents to run viable businesses delivering IT services and 5 lakh rural
workforce in Telecom Service Providers (TSPs)
• BPOs - set up BPO in every north-eastern state to facilitate ICT
9. Early Harvest Programs
• Biometric attendance
• Wi-Fi in all universities
• Secure Email within Government
• Standardize Government Email Design
• Public Wi-fi hotspots
• SMS based weather information, disaster alerts
• National Portal for Lost & Found children
17. IMPACT OF
DIGITAL
INDIA BY
2019
17
• Broadband in 2.5 lakh villages, universal phone connectivity
• Net Zero Imports by 2020
• 400,000 Public Internet Access Points
• Wi-fi in 2.5 lakh schools, all universities; Public wi-fihotspots for
citizens
• Digital Inclusion: 1.7 Cr trained for IT, Telecom and Electronics Jobs
• Job creation: Direct 1.7 Cr. and Indirect at least 8.5 Cr.
• e-Governance & eServices: Across government
• India to be leader in IT use in services –health, education, banking
• Digitally empowered citizens –public cloud, internet access
18. STARTUP
INDIA PLAN
18
I see startups , technology and innovation as exciting and effective
instruments for India's transformation --- Shri Narendra Modi
19. STARTUP
INDIA PLAN
19
• Start up Hub - single point contact for the entire Startup ecosystem
and enable knowledge exchange and access to funding
• Hub and spoke model and collaborations
• Assist startups through their lifecycle through feasibility, finance,
marketing, technology and management.
• Organize MENTORSHIP PROGRAMS
Visit - http://dipp.nic.in/English/default.aspx
20. “A startup is an entity, private,
partnership or limited liability
partnership (LLP) firm that is
headquartered in India, which
was opened less than five
years ago and have an annual
turnover less than Rs25 crore”
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21. STARTUP
INDIA PLAN
21 1. Self certification
• to reduce the regulatory liabilities
• apply to laws including payment of gratuity, labour contract,
provident fund management, water and air pollution acts.
2. Start-up India hub
• as a single contact point to help the entrepreneurs to exchange
knowledge and access financial aid.
3. Register through app
• online portal / mobile application - to facilitate ease in registration
4. Patent protection
• patent examination at lower costs
• promote awareness and adoption of the Intellectual Property Rights
(IPRs) by the start-up foundations.
5. Rs 10,000 crore fund
• Initial corpus of Rs 2,500 crore and total corpus of Rs 10,000 crore
over four years, to support upcoming start-up enterprises.
• Life Insurance Corporation of India will play a major role in developing
this corpus.
6. National Credit Guarantee Trust Company
• conceptualized with a budget of Rs 500 crore per year for the next
four years to support the flow of funds to start-ups
22. STARTUP
INDIA PLAN
22 7. No Capital Gains Tax
• At present, investments by venture capital funds are exempt from the
Capital Gains Tax. The same policy is being implemented on primary-
level investments in start-ups.
8. No Income Tax for three years
9. Tax exemption for investments of higher value
10. Building entrepreneurs
• Annual incubator grand challenge to develop world class incubators.
11. Atal Innovation Mission
• to boost innovation and encourage talented youths.
12. Setting up incubators
• A private-public partnership model is being considered for 35 new
incubators and 31 innovation centres at national institutes.
13. Research parks
• plans to set up 7 new research parks, including 6 in IIT campus & 1 in
the IISc, with an investment of Rs 100 crore each
14. Entrepreneurship in biotechnology
• to establish 5 new biotech clusters, 50 new bio incubators, 150
technology transfer offices and 20 bio-connect offices
15. Legal support
• A panel of facilitators will provide legal support and assistance in
submitting patent applications and other official documents
23. STARTUP
INDIA PLAN
23
16. Rebate
• 80% rebate of the total value on filing patent applications.
17. Innovation focused programmes for students
• Innovation core programs for students in 5 lakh schools
18. Faster exit
• If a start-up fails, the government will also assist the entrepreneurs to
find suitable solutions for their problems. If they fail again, the
government will provide an easy way out.
19. Easy rules
• Norms of public procurement and rules of trading have been
simplified for the start-ups.
Visit - http://dipp.nic.in/English/default.aspx