Make in India - Dream project of our Hounarable PM Narendra Modi . The Slideshow is about the challenges in front of India to make the MAKE IN INDIA project mire sucesfull .
4. PERMISSION
INDUSTRIAL AREAS – 67 by State Government & 19 from Central Government
NON INDUSTRIAL AREAS – 67 by State Government & 22 from Central Government
CORRUPTION -
TIME CONSUMING PROCESS – LACK OF ACCOUNTABILITY
INCREASE IN DEBT / FINANCIAL LOSS
5. 1. Vary in Taxes form State to State – Eg. Maharashtra 12.5 % while
Gujarat 7%
2. Leads to One Sided Development
3. Hectic Tax Laws
4. Encourage industries to Rural Area
5. Stability in growth
Duty’s & Taxes - Rural & Urban Area
6. LACK OF SKILLED LABOUR
About 90 per cent of employment opportunities require vocational skills, but 90 per cent of schools and colleges deliver only
bookish knowledge
7. TRANSPORTATION
LACK OF TRANSPORT FACILITIES –
Roads , Railways & Airports
Internet Connectivity
Less availability of Ports
8.
9. Negative Factors of Make in India
I. Create Manufacturing based Economy
II. Discourage Domestic Investment
III. Money in Incentive – Increase of Debt
IV. Export Increment But Import Stable
V. Foreign Investment – Discourage Local Investment
12. CHALLENGES & WAY
ENVOIRONMENTAL FACTORS – Sustainable growth , Environment friendly
technology .
SOCIAL FACTOR : Co-operation of Local people , CSR
STABLE TAX REGIME : Eg. G.S.T - No VAT or additional local taxes
LABOUR ISSUES : Relations between Industrialist & Laborers – single
labor organization for there voice
13. SINGLE WINDOW SYSTEM / EK KHIDKI YOJANA : Fast & Maximum governance
Increase Number of SEZ
Global Competitiveness
LEGAL HURDLE : bills of labor reform cannot be passed .
Resolution of Industrial Disputes : Speed Courts
Increase in Ports : - Make availability of raw material & Will help to Export.
BUT ,
Along with it WE NEED TO ALSO ENCOURAGE DOMESTIC ENTERPRENEURS
14. • Import Substitution Industrialization
• Reduce tariff barriers for foreign investors
I.S.I
• Create business friendly environment
• Leave it to entrepreneurs when to invest
Ease of business
• Stable Economy – based on import & export
• Transparent Economy – Help in Strengthening
finance sector
Transparency
& Stability of
Economy