INDIA’S POLICIES
A ROADTO GLOBAL COMPETITIVENESS
"Imagine an India where businesses thrive
globally, innovation leads the way, and policies
shape a stronger economy. Let’s explore how
India is making this vision a reality!"
Harjot singh(2039)
Harjot singh(2040)
Harpreet kaur(2041)
2.
WHY GLOBAL COMPETITIVENESS
MATTERS?
Indiais one of the fastest-growing
economies in the world.
Competing globally means better jobs,
trade, investment, and innovation.
India's GDP has grown from $270
billion in 1991 to over $3.7 trillion
today.
3.
PILLARS OF COMPETITIVENESS
INSTITUITION
INFRASTRCTURE
MACROECONOMIC STABILITY
HEALTH AND EDUCATION
HIGHER EDUCATION AND TRAINING
GOODS MARKET EFFICIENCY
LABOUR MARKET EFFICIENCY
MARKET SOPHISTICATION
TECHNOLOGICAL READINESS
MARKET SIZE
BUSINESS SOPHISTICATION
INNOVATION
5.
MAKING INDIA BUSINESS-
FRIENDLY
TheIndian government has implemented several
reforms to improve the Ease of Doing Business
(EoDB) ranking and make India an attractive
destination for businesses. These reforms focus on
reducing bureaucratic hurdles, simplifying regulations,
and fostering a business-friendly environment.
India jumped from Rank 142 (2014) to Rank 63
(2020) in Ease of Doing Business.
Key reforms: Digital business registration, faster
approvals, single-window clearance.
Impact: Startups and global companies find India
more attractive.
6.
Launched on 16thJanuary 2016, Startup India is a flagship
initiative by the Government of India aimed at fostering
innovation, creating job opportunities, and promoting
entrepreneurship. The program provides various benefits,
including financial assistance, regulatory support, and
networking opportunities to startups across the country.
Launched in 2016 to support startups and innovation.
Tax benefits, funding, and incubation centers for startups.
India is the 3rd largest startup ecosystem globally (after the
US & China).
NURTURING ENTREPRENEURS
7.
Founded in 2011by Byju Raveendran, BYJU’S is
one of India’s most successful edtech startups. It
leveraged technology, innovation, and
government support under Startup India to
become a global leader in online education. The
company transformed traditional learning
methods through personalized, engaging, and
digital-first education.
CASE STUDY: BYJU’S – A STARTUP
INDIA SUCCESS STORY
8.
IMPACT OF POLICIES
EASEOF DOING
BUSINESS
FUNDING & GOVERNMENT
SUPPORT
INNOVATION
✅Digital-First Business Model –
BYJU’S leveraged India’s digital
transformation to provide online
learning solutions
.
✅Fast-Track Compliance &
Expansion – Benefited from
Startup India’s simplified
regulations to expand operations.
✅Global Expansion – With
support from government
initiatives like ‘Digital India’, BYJU’S
expanded to over 100 countries.
📚AI-Powered Learning – Used AI
& ML to provide personalized
education for students.
📱App-Based Learning – The
BYJU’S app made learning
interactive with video lessons and
gamification.
🔬STEM & Experiential Learning
– Acquired companies like Osmo
and WhiteHat Jr. to enhance
digital education
💰Startup India’s FDI & Tax Benefits –
Received over $6 billion in funding
from investors like Sequoia, Tencent,
and General Atlantic.
🏦Acquisition Strategy – Benefited
from liberalized FDI norms, allowing it
to acquire Aakash, WhiteHat Jr., and
Great Learning.
📈Government Partnerships –
Partnered with NITI Aayog and state
governments to provide free learning
content to students
9.
INFRASTRUCTURE &
GATI SHAKTI
BUILDINGA
STRONGER INDIA
Infrastructure development is a key driver of economic
growth, and the Indian government has launched PM
Gati Shakti – National Master Plan (NMP) to
accelerate infrastructure development. This initiative
aims to streamline planning, reduce logistics costs,
and boost multimodal connectivity by integrating
different ministries and sectors under a single digital
platform.
PM Gati Shakti aims to improve roads, railways, and
logistics.
Faster movement of goods = cost savings for
businesses.
10.
POWERING FINANCIAL GROWTH
FINANCIALREFORMS & BANKING STRENGTH
India has undergone major financial reforms to
strengthen its banking system, enhance financial
inclusion, and promote economic growth. These
reforms have modernized banking, improved credit
access, and increased transparency in the
financial sector.
Digital banking & UPI make transactions
seamless.
RBI & fintech growth boosting economy.
11.
FOREIGN TRADE POLICIES
&FTAS
EXPANDING
TRADE BORDERS
Foreign Trade Policies (FTP) and Free Trade Agreements (FTAs)
play a crucial role in boosting India’s exports, attracting foreign
investment, and integrating with global markets. India’s trade
policies focus on export promotion, ease of doing business, and
strategic trade alliances with key global economies.
India’s FTAs (Free Trade Agreements) with UAE, Australia,
ASEAN, etc.
Focus on exports and reducing trade barriers.
Visual: Map showing trade partners.
12.
SHAPING GLOBAL POLICIES
INDIA’SROLE IN GLOBAL ORGANIZATIONS
India plays a pivotal role in global organizations, contributing to international diplomacy, trade, security, climate action,
and economic development. As an emerging global power, India actively participates in shaping global policies and
advocating for developing nations.
United Nations (UN) 🇺🇳
World Trade Organization (WTO) 📈 BRICS
G20 – Global Economic Leadership 🌎
13.
SKILL INDIA &
NEP2020
BUILDING A SKILLED WORKFORCE
India’s youth workforce (over 500 million people) is one
of its biggest strengths. To maximize this potential, the
Skill India Mission and National Education Policy (NEP)
2020 aim to bridge the skill gap, modernize education,
and enhance employability. These initiatives focus on
vocational training, digital literacy, and industry-relevant
education
.NEP 2020 modernizes education with digital learning.
Skill India trains millions for industry jobs.
14.
INDIA’S ECONOMY: WHEREWE STAND TODAY
Key Improvements:
World Competitiveness Index (IMD):
India ranked 37th in 2022, jumping from 43rd in 2021. In 2024, it moved to 40th.
Global Innovation Index (GII):
India secured the 40th position out of 132 economies in the 2023 GII, a significant improvement from its 81st position in 2015.
World Bank's Doing Business Report (DBR):
India improved its ranking in the DBR, climbing from 142nd in 2014 to 63rd in 2020.
Foreign Direct Investment (FDI):
India has been attracting substantial FDI, becoming a significant recipient of greenfield projects.
Government Efficiency:
India has shown improvement in government efficiency, contributing to a better business environment.
Areas for Improvement:
Infrastructure:
While there have been improvements, infrastructure remains a key area for further development.
Digital Competitiveness:
India's digital competitiveness is not yet at the level of some other countries, as evidenced by its ranking in digital competitiveness indices.
Talent Competitiveness:
India's ranking in global talent competitiveness has been declining, indicating a need for improvement in attracting and retaining talent.
Challenges in Specific Sectors:
The report highlights challenges in areas like maintaining high GDP growth, managing inflation, and addressing fiscal deficits.
15.
CONCLUSION
“Policies shape nations,but people drive them forward.”
India’s journey towards becoming a
global powerhouse is fueled by
progressive policies like Make in
India, Digital India, Startup India, and
Skill India. These initiatives are laying
the foundation for a future driven by
innovation, technology, and
entrepreneurship.