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CHALLENGES & WAY AHEAD
PRESENTATION BY – APOORV M. LONDHE
MAKE IN INDIA
INFRASTRUCTURE
HUMAN
CAPITAL
STABLE
ECONOMY
LACK OF BASIC INFRASTRUCTURE
LAND
ELECTRICITY
WATER
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
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
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
TRANSPORTATION
 LACK OF TRANSPORT FACILITIES –
Roads , Railways & Airports
 Internet Connectivity
 Less availability of Ports
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
INDIA’S INDUSTRIAL PRODUCTION
LAND
LAWS
LABOUR
THE THREE ‘L’ – IN WHICH INDIA NEED REFORMS WILL BENEFIT MAKE IN INDIA
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
 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
• 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
MAKE FOR INDIA
Make in india - Challenges Ahead
Make in india - Challenges Ahead

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Make in india - Challenges Ahead

  • 1. CHALLENGES & WAY AHEAD PRESENTATION BY – APOORV M. LONDHE MAKE IN INDIA
  • 3. LACK OF BASIC INFRASTRUCTURE LAND ELECTRICITY WATER
  • 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
  • 11. LAND LAWS LABOUR THE THREE ‘L’ – IN WHICH INDIA NEED REFORMS WILL BENEFIT MAKE IN INDIA
  • 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