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The document discusses how the Make in India initiative aims to create new job opportunities in India by utilizing existing talent, empowering secondary and tertiary sectors, and driving investment and growth. The campaign seeks to turn India into a global manufacturing hub and has received positive feedback from industry professionals. Providing productive employment for India's growing labor force through accelerated growth and expanded opportunities is an objective of the government's economic policy.
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Galaxy
1. The document discusses India's growing mixed economy, which has both private and government operations. Key sectors that drive the economy are industry, services, and agriculture.
2. Innovation and strategy are discussed as important for remaining competitive. Various strategies are proposed for different economic sectors such as agriculture, foreign investment, banking, tourism, and infrastructure to boost growth.
3. Personal responsibility and contributing to the economy as individuals is emphasized, such as paying taxes on time and avoiding illegal activities.
Sourajit Aiyer - Dhaka Tribune - Will the Indian Economy start shining again,...
Sourajit Aiyer - Dhaka Tribune - Will the Indian Economy start shining again,...South Asia Fast Track
A new prime minister has won the majority in India for the first time in 30 years. However, the Indian economy faces several challenges, with GDP growth at its lowest level in a decade, high inflation, and slowing industrial and infrastructure growth. The new government must address urgent economic issues to put the economy back on a path of sustained growth, such as reviving economic growth, keeping public finances in check, countering rising prices and supporting agriculture, boosting jobs and skills, and making industrial and export growth a priority.Plan to include msm es in startup definition
The government is considering including micro, small and medium enterprises (MSMEs) in its definition of startups to help boost manufacturing and job creation under the Make in India initiative. This would allow MSMEs to receive the same benefits as startups such as tax breaks and easier access to financing. Officials are discussing criteria for MSMEs to qualify as startups. Including MSMEs could significantly increase employment as they are large employers. The Department of Industrial Policy and Promotion is leading the effort to finalize the startup policy in consultation with other ministries ahead of its announcement by the Prime Minister in January 2016.
Presentation on make in india
The Make in India initiative aims to transform India into a global manufacturing hub and increase the manufacturing sector's contribution to India's GDP. Launched in 2014 by Prime Minister Modi, it seeks to attract foreign investment, boost innovation, and create jobs in 25 key sectors. While India's competitiveness ranking and FDI inflows have increased, the manufacturing growth rate and FDI in the sector have been lower than expected. The campaign's long term success depends on sustained reforms and improving the business environment to truly realize its vision.
Make in india
The document discusses India's Make in India initiative which aims to increase manufacturing's share of GDP to 25% by 2022 and create 100 million jobs. It notes India currently ranks low at 134th in the World Bank's ease of doing business rankings. Make in India originated from the Prime Minister's call to boost domestic manufacturing and was launched to convert India into a global manufacturing hub to create jobs and economic growth by urging companies to invest in India. Its logo features a striding lion made of cogs to represent strength, manufacturing and national pride.
Indian economy 310714
The Indian economic growth potential is good and this is right time right strategies could be adopted to achieve the full potential.
one year of modi-Businessworld
The document discusses India's challenge of job creation and evaluates Prime Minister Narendra Modi's progress after one year in power. It notes that while Modi campaigned on creating millions of jobs, the reality is more complex. Initiatives like "Make in India" and skills training could boost employment, but challenges remain around infrastructure, bureaucracy, and flexible labor laws. Overall, the outlook is cautiously optimistic - if reforms continue, sectors like renewable energy, healthcare, and e-commerce may see substantial hiring, but substantial changes are still needed for initiatives to fully impact job growth.
Make in india
Presentation on Make in India. it includes History, Impact, Advantages and disadvantages of MAKE IN INDIA campaign.
Recommended
Galaxy
1. The document discusses India's growing mixed economy, which has both private and government operations. Key sectors that drive the economy are industry, services, and agriculture.
2. Innovation and strategy are discussed as important for remaining competitive. Various strategies are proposed for different economic sectors such as agriculture, foreign investment, banking, tourism, and infrastructure to boost growth.
3. Personal responsibility and contributing to the economy as individuals is emphasized, such as paying taxes on time and avoiding illegal activities.
Sourajit Aiyer - Dhaka Tribune - Will the Indian Economy start shining again,...
Sourajit Aiyer - Dhaka Tribune - Will the Indian Economy start shining again,...South Asia Fast Track
A new prime minister has won the majority in India for the first time in 30 years. However, the Indian economy faces several challenges, with GDP growth at its lowest level in a decade, high inflation, and slowing industrial and infrastructure growth. The new government must address urgent economic issues to put the economy back on a path of sustained growth, such as reviving economic growth, keeping public finances in check, countering rising prices and supporting agriculture, boosting jobs and skills, and making industrial and export growth a priority.Plan to include msm es in startup definition
The government is considering including micro, small and medium enterprises (MSMEs) in its definition of startups to help boost manufacturing and job creation under the Make in India initiative. This would allow MSMEs to receive the same benefits as startups such as tax breaks and easier access to financing. Officials are discussing criteria for MSMEs to qualify as startups. Including MSMEs could significantly increase employment as they are large employers. The Department of Industrial Policy and Promotion is leading the effort to finalize the startup policy in consultation with other ministries ahead of its announcement by the Prime Minister in January 2016.
Presentation on make in india
The Make in India initiative aims to transform India into a global manufacturing hub and increase the manufacturing sector's contribution to India's GDP. Launched in 2014 by Prime Minister Modi, it seeks to attract foreign investment, boost innovation, and create jobs in 25 key sectors. While India's competitiveness ranking and FDI inflows have increased, the manufacturing growth rate and FDI in the sector have been lower than expected. The campaign's long term success depends on sustained reforms and improving the business environment to truly realize its vision.
Make in india
The document discusses India's Make in India initiative which aims to increase manufacturing's share of GDP to 25% by 2022 and create 100 million jobs. It notes India currently ranks low at 134th in the World Bank's ease of doing business rankings. Make in India originated from the Prime Minister's call to boost domestic manufacturing and was launched to convert India into a global manufacturing hub to create jobs and economic growth by urging companies to invest in India. Its logo features a striding lion made of cogs to represent strength, manufacturing and national pride.
Indian economy 310714
The Indian economic growth potential is good and this is right time right strategies could be adopted to achieve the full potential.
one year of modi-Businessworld
The document discusses India's challenge of job creation and evaluates Prime Minister Narendra Modi's progress after one year in power. It notes that while Modi campaigned on creating millions of jobs, the reality is more complex. Initiatives like "Make in India" and skills training could boost employment, but challenges remain around infrastructure, bureaucracy, and flexible labor laws. Overall, the outlook is cautiously optimistic - if reforms continue, sectors like renewable energy, healthcare, and e-commerce may see substantial hiring, but substantial changes are still needed for initiatives to fully impact job growth.
Make in india
Presentation on Make in India. it includes History, Impact, Advantages and disadvantages of MAKE IN INDIA campaign.
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The document analyzes what India's three leading prime ministerial candidates - Rahul Gandhi, Narendra Modi, and Arvind Kejriwal - may mean for India's economy if elected. It discusses their stances on economic growth, fiscal deficit, jobs, infrastructure, corruption and other issues. Gandhi emphasizes social welfare programs, Modi favors commerce-led growth, and Kejriwal focuses on clean governance. The economy faces challenges like slowing growth, high inflation, and job shortage. The candidates offer different visions but all aim to revive the economy.Progress in chhattisgarh
Chhattisgarh has become the first state in the country to introduce Food Security Act for the poor people.The whole state of Chhattisgarh is considered as a model state for the overall development of the country.It has set the milestones of development in the various fields such as agriculture,education,bridges and road development,public work department. The Chhattisgarh government has formulated various welfare schemes for the poor,farmers and all the other sections of the society which will increase the speed of progress in Chhattisgarh.
Progress in chhattisgarh
Chhattisgarh has become the first state in the country to introduce Food Security Act for the poor people.The whole state of Chhattisgarh is considered as a model state for the overall development of the country.It has set the milestones of development in the various fields such as agriculture,education,bridges and road development,public work department. The Chhattisgarh government has formulated various welfare schemes for the poor,farmers and all the other sections of the society which will increase the speed of progress in Chhattisgarh.
Progress in chhattisgarh
The phase-1 project, only around 3,200 km of the 5,477-km sanctioned stretch had been completed in 34 Naxal-affected districts. In 2009, this was done during the UPA-led Congress regime. The deadline stipulated for the phase-1 is March 2015.During the second phase of the project, 7,294 km of road and 48 new bridges will be built in eight states. The total cost of phase-2 is estimated around Rs 10,700 crore.
Progress in chhattisgarh
The Central government has decided to carry out the construction of roads and bridges development in Chhattisgarh mainly of LWE areas through close cooperation and coordination among various agencies and use of modern technology. This announcement was published on Jan 15, 2015.
Foreign Direct Investment
The West Bengal government, led by Marxists, has shifted from an investor-unfriendly stance to one that welcomes foreign investment. This is due to efforts to boost the state's economy through new industry-friendly policies, improved infrastructure, and a productive workforce. Chief Minister Buddhadeb Bhattacharya acknowledges that the state must change with the times to provide prosperity. Foreign and domestic investors are increasingly viewing West Bengal as an emerging industrial hub in India, impressed by the government's proactive efforts to attract investment and partner with businesses.
Make in India
The Make in India campaign aims to make India a global manufacturing hub by inviting companies worldwide to invest and set up factories. This will create over 10 million new jobs and boost India's GDP and trade. To succeed, the campaign needs a stable policy environment with low, predictable inflation and consistency in trade, tax, and regulatory policies. Manufacturing in India should also adopt "Zero Defect, Zero Effect" principles to produce high-quality, environmentally sustainable products for global markets. Several major companies like Tata, Reliance, and Samsung participated in the initial Make in India initiative.
Make in india
Make In India is an initiative launched by Prime Minister Narendra Modi in 2014 to transform India into a global manufacturing hub by encouraging companies to manufacture products in India through financial incentives and an improved business climate. The objective is to boost job creation and skill development while helping manufacturers, consumers, and the government through economic growth from new industries and a unified tax structure under GST. However, major challenges include creating an enthusiastic and dedicated team to successfully implement projects and establishing a business environment that promotes innovation.
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The document discusses several strategies the Nigerian government can pursue to create jobs for youths, including: 1) Requiring companies selling phones in Nigeria to open local manufacturing plants, which could create 2 million jobs; 2) Empowering individuals to start their own businesses, like poultry farms, which could generate over 8 million jobs; 3) Training programs in vocational skills through partnerships with international educational institutions to produce 1 million jobs. The World Bank also advocates a three-pronged approach of engaging youth as beneficiaries, partners, and leaders through cultural and economic policies focused on education, health, and providing outlets for skills and abilities.
Make in india
The Make in India initiative was launched in 2014 by Prime Minister Modi to encourage manufacturing in India and attract foreign investment. It aims to transform India into a global manufacturing hub by offering incentives to both domestic and foreign companies. Key sectors being promoted include automobiles, aviation, biotechnology, and renewable energy. Major industrial corridors are being developed to cluster manufacturing activities. Several policies have been introduced to improve ease of doing business and allow 100% FDI in most sectors. Many large companies like Foxconn, Huawei, and Samsung have announced plans to invest billions in manufacturing plants in India, showing initial promise for the Make in India campaign.
Make in india ppt
The Make in India initiative was launched by Prime Minister Modi on September 25, 2014 to encourage global companies to manufacture their products in India. The campaign aims to transform India into a global manufacturing hub and improve its ranking on the World Bank's ease of doing business index. Key objectives include generating employment, attracting investment, fostering innovation, and building manufacturing infrastructure. The government has identified 25 sectors for focus, and has promised to simplify regulations and provide assistance to foreign investors. While India has potential, manufacturing, especially of electronics, remains a challenge due to increasing costs and the closure of companies like Nokia. The implementation of GST and policies to attract capital and expertise will be important for the success of Make in India.
Made in India
The Make in India initiative was launched in 2014 to encourage manufacturing companies to produce goods in India and increase investment in the manufacturing sector. It aims to make India a global hub for manufacturing. Key objectives include creating jobs, promoting economic development, and gaining global recognition. The campaign will provide skills training programs, focus on 25 sectors like defense and automobiles, and open over 1000 new training centers in the next two years to develop a skilled workforce. It also simplifies processes like environmental clearances and introduces reforms like increased FDI limits to improve India's business climate and attract more foreign investment for manufacturing in India.
CII Policy Watch on Innovation
- The document discusses innovation in India and the challenges and opportunities around boosting innovation. It provides context around the importance of innovation for economic growth and development.
- It outlines some of the key initiatives taken by the Indian government and organizations like CII to promote innovation, such as establishing the National Innovation Council, developing innovation clusters, and programs to encourage innovation among SMEs and entrepreneurs.
- Challenges discussed include the need for India to develop a more structured innovation process within industry, and to better support innovation among SMEs and startups through improved policies, funding, and entrepreneurial infrastructure.
Role of Government and Government Policies in Entrepreneurial Development
Role of Government and Government Policies in Entrepreneurial DevelopmentMONIRBA, University of Allahabad
This presentation discusses the role of government, government policies and their effects on entrepreneurial development in India.‘Make in India’: Coverage, Potential Impact
The vision statement of official website, www.makeinindia.gov.in commits to achieve, among other things, an increase in manufacturing sector growth to 12-14 % per annum over the medium term, increase in the share of manufacturing in the country’s Gross Domestic Product from 16% to 25% by 2022 and importantly to create 100 million additional jobs by 2022 in the manufacturing sector alone.
Indian Real Estate
This document summarizes the Indian real estate sector. It discusses that India is expected to become a top 3 global economy by 2025 which will drive significant growth in real estate and infrastructure development. The real estate sector currently contributes around 5-6% to India's GDP but is one of the largest employment generators. While demand has grown for residential and commercial real estate, the sector faces challenges such as lack of transparency, bureaucratic hurdles, and inadequate land and property laws. The document examines opportunities to attract more foreign investment and adopt best practices from countries like China to further develop the Indian real estate market.
Make in india - The Way Ahead Class 12 Economics Project
This is Class 12th Economics Project as per CBSE Guideline
- Introduction
- Process
- Advantages & Disadvantages
- Challenges
- Criticsm & Concerns
- Sectors Covered
- Objective of Make in india
- Manufacturing Projects
- Infrastructure Support
- News & Statistic
- Objective of Making this Project
- Conclusion
- Bibliography
Economic planning in india mod
The document discusses the different models of economic growth pursued in India since independence. It begins by describing the Nehru-Mahalanobis model which emphasized rapid development of heavy industry to create an industrial base and self-reliance. This was later supplemented by the Gandhian model focusing on agriculture and small industries for employment. Finally, the Rao-Manmohan model introduced in 1991 focused on liberalization, privatization and globalization.
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This document provides an annual report from the Confederation of Indian Industry (CII) for the year 2015-2016. It discusses CII's activities and initiatives over the year focused on strengthening human capacity, increasing investment, and engaging new sectors to support the Indian government's agenda of building India and promoting development. Key areas of focus included higher education, skills, health, manufacturing, infrastructure, entrepreneurship, public-private partnerships, and connecting with global markets. CII partnered with central and state governments on various programs and policy recommendations. The report reflects on a successful year of engagement and outlines CII's planned agenda for continued support of national development goals in the coming year.
Make in india
The document summarizes India's "Make in India" campaign launched in 2014 by Prime Minister Modi to transform India into a global manufacturing hub. The campaign aims to attract international companies to set up factories in 25 sectors by replacing bureaucracy with ease of business. However, India faces challenges like lack of infrastructure and inefficient transportation. The campaign seeks to improve India's ranking in the ease of doing business index by reducing the number of procedures to start a business. Implementation of GST is also expected to help by creating a single Indian market. China has launched its own "Made in China" campaign with tax concessions to counter India's manufacturing push.
Make in india challenges and prospects
it gives an idea about the challanges that have to face India to achieve the lomg term bebfits of Make In India campaign.
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Chhattisgarh has become the first state in the country to introduce Food Security Act for the poor people.The whole state of Chhattisgarh is considered as a model state for the overall development of the country.It has set the milestones of development in the various fields such as agriculture,education,bridges and road development,public work department. The Chhattisgarh government has formulated various welfare schemes for the poor,farmers and all the other sections of the society which will increase the speed of progress in Chhattisgarh.
Progress in chhattisgarh
Chhattisgarh has become the first state in the country to introduce Food Security Act for the poor people.The whole state of Chhattisgarh is considered as a model state for the overall development of the country.It has set the milestones of development in the various fields such as agriculture,education,bridges and road development,public work department. The Chhattisgarh government has formulated various welfare schemes for the poor,farmers and all the other sections of the society which will increase the speed of progress in Chhattisgarh.
Progress in chhattisgarh
The phase-1 project, only around 3,200 km of the 5,477-km sanctioned stretch had been completed in 34 Naxal-affected districts. In 2009, this was done during the UPA-led Congress regime. The deadline stipulated for the phase-1 is March 2015.During the second phase of the project, 7,294 km of road and 48 new bridges will be built in eight states. The total cost of phase-2 is estimated around Rs 10,700 crore.
Progress in chhattisgarh
The Central government has decided to carry out the construction of roads and bridges development in Chhattisgarh mainly of LWE areas through close cooperation and coordination among various agencies and use of modern technology. This announcement was published on Jan 15, 2015.
Foreign Direct Investment
The West Bengal government, led by Marxists, has shifted from an investor-unfriendly stance to one that welcomes foreign investment. This is due to efforts to boost the state's economy through new industry-friendly policies, improved infrastructure, and a productive workforce. Chief Minister Buddhadeb Bhattacharya acknowledges that the state must change with the times to provide prosperity. Foreign and domestic investors are increasingly viewing West Bengal as an emerging industrial hub in India, impressed by the government's proactive efforts to attract investment and partner with businesses.
Make in India
The Make in India campaign aims to make India a global manufacturing hub by inviting companies worldwide to invest and set up factories. This will create over 10 million new jobs and boost India's GDP and trade. To succeed, the campaign needs a stable policy environment with low, predictable inflation and consistency in trade, tax, and regulatory policies. Manufacturing in India should also adopt "Zero Defect, Zero Effect" principles to produce high-quality, environmentally sustainable products for global markets. Several major companies like Tata, Reliance, and Samsung participated in the initial Make in India initiative.
Make in india
Make In India is an initiative launched by Prime Minister Narendra Modi in 2014 to transform India into a global manufacturing hub by encouraging companies to manufacture products in India through financial incentives and an improved business climate. The objective is to boost job creation and skill development while helping manufacturers, consumers, and the government through economic growth from new industries and a unified tax structure under GST. However, major challenges include creating an enthusiastic and dedicated team to successfully implement projects and establishing a business environment that promotes innovation.
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Make in india
The Make in India initiative was launched in 2014 by Prime Minister Modi to encourage manufacturing in India and attract foreign investment. It aims to transform India into a global manufacturing hub by offering incentives to both domestic and foreign companies. Key sectors being promoted include automobiles, aviation, biotechnology, and renewable energy. Major industrial corridors are being developed to cluster manufacturing activities. Several policies have been introduced to improve ease of doing business and allow 100% FDI in most sectors. Many large companies like Foxconn, Huawei, and Samsung have announced plans to invest billions in manufacturing plants in India, showing initial promise for the Make in India campaign.
Make in india ppt
The Make in India initiative was launched by Prime Minister Modi on September 25, 2014 to encourage global companies to manufacture their products in India. The campaign aims to transform India into a global manufacturing hub and improve its ranking on the World Bank's ease of doing business index. Key objectives include generating employment, attracting investment, fostering innovation, and building manufacturing infrastructure. The government has identified 25 sectors for focus, and has promised to simplify regulations and provide assistance to foreign investors. While India has potential, manufacturing, especially of electronics, remains a challenge due to increasing costs and the closure of companies like Nokia. The implementation of GST and policies to attract capital and expertise will be important for the success of Make in India.
Made in India
The Make in India initiative was launched in 2014 to encourage manufacturing companies to produce goods in India and increase investment in the manufacturing sector. It aims to make India a global hub for manufacturing. Key objectives include creating jobs, promoting economic development, and gaining global recognition. The campaign will provide skills training programs, focus on 25 sectors like defense and automobiles, and open over 1000 new training centers in the next two years to develop a skilled workforce. It also simplifies processes like environmental clearances and introduces reforms like increased FDI limits to improve India's business climate and attract more foreign investment for manufacturing in India.
CII Policy Watch on Innovation
- The document discusses innovation in India and the challenges and opportunities around boosting innovation. It provides context around the importance of innovation for economic growth and development.
- It outlines some of the key initiatives taken by the Indian government and organizations like CII to promote innovation, such as establishing the National Innovation Council, developing innovation clusters, and programs to encourage innovation among SMEs and entrepreneurs.
- Challenges discussed include the need for India to develop a more structured innovation process within industry, and to better support innovation among SMEs and startups through improved policies, funding, and entrepreneurial infrastructure.
Role of Government and Government Policies in Entrepreneurial Development
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This presentation discusses the role of government, government policies and their effects on entrepreneurial development in India.‘Make in India’: Coverage, Potential Impact
The vision statement of official website, www.makeinindia.gov.in commits to achieve, among other things, an increase in manufacturing sector growth to 12-14 % per annum over the medium term, increase in the share of manufacturing in the country’s Gross Domestic Product from 16% to 25% by 2022 and importantly to create 100 million additional jobs by 2022 in the manufacturing sector alone.
Indian Real Estate
This document summarizes the Indian real estate sector. It discusses that India is expected to become a top 3 global economy by 2025 which will drive significant growth in real estate and infrastructure development. The real estate sector currently contributes around 5-6% to India's GDP but is one of the largest employment generators. While demand has grown for residential and commercial real estate, the sector faces challenges such as lack of transparency, bureaucratic hurdles, and inadequate land and property laws. The document examines opportunities to attract more foreign investment and adopt best practices from countries like China to further develop the Indian real estate market.
Make in india - The Way Ahead Class 12 Economics Project
This is Class 12th Economics Project as per CBSE Guideline
- Introduction
- Process
- Advantages & Disadvantages
- Challenges
- Criticsm & Concerns
- Sectors Covered
- Objective of Make in india
- Manufacturing Projects
- Infrastructure Support
- News & Statistic
- Objective of Making this Project
- Conclusion
- Bibliography
Economic planning in india mod
The document discusses the different models of economic growth pursued in India since independence. It begins by describing the Nehru-Mahalanobis model which emphasized rapid development of heavy industry to create an industrial base and self-reliance. This was later supplemented by the Gandhian model focusing on agriculture and small industries for employment. Finally, the Rao-Manmohan model introduced in 1991 focused on liberalization, privatization and globalization.
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This document provides an annual report from the Confederation of Indian Industry (CII) for the year 2015-2016. It discusses CII's activities and initiatives over the year focused on strengthening human capacity, increasing investment, and engaging new sectors to support the Indian government's agenda of building India and promoting development. Key areas of focus included higher education, skills, health, manufacturing, infrastructure, entrepreneurship, public-private partnerships, and connecting with global markets. CII partnered with central and state governments on various programs and policy recommendations. The report reflects on a successful year of engagement and outlines CII's planned agenda for continued support of national development goals in the coming year.
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Make in india
The document summarizes India's "Make in India" campaign launched in 2014 by Prime Minister Modi to transform India into a global manufacturing hub. The campaign aims to attract international companies to set up factories in 25 sectors by replacing bureaucracy with ease of business. However, India faces challenges like lack of infrastructure and inefficient transportation. The campaign seeks to improve India's ranking in the ease of doing business index by reducing the number of procedures to start a business. Implementation of GST is also expected to help by creating a single Indian market. China has launched its own "Made in China" campaign with tax concessions to counter India's manufacturing push.
Make in india challenges and prospects
it gives an idea about the challanges that have to face India to achieve the lomg term bebfits of Make In India campaign.
IT in the modern world
IT refers to managing technology processes, software, information systems, hardware, programming languages, and data. IT is important in the modern world as it helps with assignments, projects, and creates awareness through online education. The IT industry in India provides employment, generates foreign exchange, and benefits other countries through offshoring and increased employee commitment. IT increases productivity and income but also widens earnings gaps and impacts workplaces, labor markets, agriculture, education, private life, society, and governments. India's IT industry is growing through BPOs and government initiatives, but also presents disadvantages like unemployment, lack of privacy and job security. Recent IT developments include expansion projects in Bangalore, Chennai, and Hyderabad.
Make in india
The Make in India initiative was launched by Prime Minister Modi in 2014 to transform India into a global manufacturing hub. It aims to attract foreign investment and technological expertise in 25 key sectors like automobiles, aviation, pharmaceuticals, and electronics. The initiative simplifies regulations, improves infrastructure through industrial corridors and smart cities, and develops skills to boost manufacturing and job creation in India. It has already received positive responses from companies like Samsung, Airbus, and Huawei who are investing in manufacturing plants in India.
Hr issues and challeges in indian banking sector
This document discusses human resource (HR) issues and challenges in the Indian banking sector. It notes that HR management in banking is gaining importance and facing rapid transformation. The banking sector faces challenges around new opportunities in consumer and commercial banking, governance/regulation, and adopting technologies like e-banking. Specific HR challenges include managing human resources risks, empowering and motivating employees, improving efficiency, clarifying job descriptions and assignments, reducing employee turnover, and implementing rewards/incentives programs. Banking leaders observe that the industry must align IT strategies with HR strategies as banking business models change due to technology and customer behavior shifts. The conclusion states that reforms in the Indian banking industry represent a significant and revolutionary transformation process.
MGI: From poverty to empowerment: India’s imperative for jobs, growth, and ef...
The document summarizes key findings from a McKinsey Global Institute report on poverty and empowerment in India. It finds that 680 million Indians, or 56% of the population, live below the empowerment line and lack minimum standards of living. Three key reasons for this are: 1) inadequate job creation and low productivity, especially in agriculture, 2) low productivity of most non-farm jobs, and 3) inadequate and inefficient provision of basic services by the government despite rising social spending. Over half of government social spending does not actually benefit the people. The report estimates the total empowerment gap cost and outlines reforms needed across jobs, agriculture, services, and governance to significantly reduce poverty and empower more Indians.
Make in india
The document outlines India's "Make in India" initiative, which aims to transform India into a global manufacturing hub. It notes that India has a large economy and growing imports, but also large trade deficits. The campaign aims to attract foreign businesses to invest and manufacture in India by simplifying regulations, improving infrastructure and developing skills. It highlights 25 sectors targeted for growth. While the campaign aims to create jobs and recognition for India, challenges remain around infrastructure, land acquisition, regulations and developing electronics manufacturing capabilities. The document also discusses China's response campaign and the proposed GST tax changes in India.
Perspective 2020
In the last ten years, the technology and business services sector has had an unparalleled impact on the Indian economy , through a multiplier effect on job creation, expansion in tertiary education, foreign exchange reserve creation, sustainable exports and incremental GDP growth. Driven by the phenomenon of globalization of services, organizations have leveraged India’s value proposition to enhance their competitiveness, blurring the boundaries of offshoring, outsourcing towards global sourcing.
The global economic crisis has led to a slowdown in growth in the Indian technology and business services sector. While strategies to manage the downturn are critical, it is equally important to look ahead and plan for the future. Industry leaders recognize that the next ten years will be fundamentally different from the past and require all stakeholders to develop strategies and insights to identify new opportunities and mitigate the risks.
There are several global megatrends which offer new opportunities and new challenges which need to be thought of now. Macroeconomic , demographic, social, business and technological trends are likely to alter the landscape of global business and society . Demographics shifts will fuel the growth of new sectors, markets and enable process transformation. At the same time, technology automation may pose a risk to some of the core markets being addressed today.
To understand the implications of these megatrends and the changing global technology and business services landscape, NASSCOM collaborated with McKinsey & Co to develop an extensive research report `Perspective 2020: Transform Business, Transform India’. The objective of this report is to identify opportunities that the industry can penetrate and provide strategic insights for the industry to reinvent business models and offerings that can transform global businesses through a well defined customer value proposition. The report also articulates a vision for the sector to transform India through economic development and ICT enabled solutions in healthcare, education, financial services and public services, which can drive socio-economic inclusion of 30 million citizens each year.
Presentation on Make in India
This presentation is pertaining to the make in India intitative which had took since few months ago,I given brief information about the event,Its probable contribution to GDP,FDI & Export promotion in the country.
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Make in india
Make in India is an initiative by the Indian Prime Minister to attract businesses to invest and manufacture in India. It aims to create jobs, boost the secondary and tertiary sectors, grow the national economy, make India self-reliant, and give the economy global recognition. Objectives include encouraging companies to increase domestic production and making India a manufacturing hub. This would increase GDP, tax revenue, and the manufacturing sector's contribution to the economy through high-quality, environmentally friendly goods. Challenges include India's poor business ranking, the federal structure limiting central power, and corruption. With improvements, Make in India could boost growth and meet challenges like poverty and unemployment.
Dr.C.Muthuraja's Presentation on Make in India : A Boost to the Indian Manufa...
Dr.C.Muthuraja's Presentation on Make in India : A Boost to the Indian Manufa...Chinnasamy Muthuraja
The document discusses India's "Make in India" initiative launched by Prime Minister Modi to boost the manufacturing sector. It aims to increase manufacturing's contribution to GDP from 16% to 25% in 5 years by attracting foreign investment. It focuses on 25 sectors including automobiles, pharmaceuticals, infrastructure, defense and electronics. The initiative aims to generate jobs, especially for low-skilled workers, and increase India's global recognition as a manufacturing hub through improved infrastructure, simplified regulations and developing small industries around manufacturing centers. However, concerns remain about the types of industries and jobs that will be created given manufacturing's capital-intensive nature. The government has also launched initiatives like "Digital India" to support manufacturing growth.Effects of Entrepreneurship in Economic Development
The document discusses the effects of entrepreneurship on economic development in India. It notes that entrepreneurship culture has flourished in India since the early 2000s due to economic development that opened new business opportunities. Venture capital, incubators, and a large talent pool have also fueled entrepreneurship growth. The key effects outlined include increasing standards of living, promoting economic independence, benefiting communities through new firms and jobs, encouraging capital formation, eradicating poverty, and raising gross national product and per capita income levels. In conclusion, the document states that entrepreneurs impact economies by creating new jobs, driving innovation, and developing new markets and products.
Igniting Young Minds for Entrepreneurship
The document discusses entrepreneurship in India and its importance to the economy. It notes that small businesses are key to equitable economic growth as they fuel development and job creation. However, MSMEs still face challenges accessing funds due to their high risk profile. The document then provides an overview of entrepreneurship in India, contributions of small businesses to the economy, sources of funding, common challenges, and opportunities in the sector.
IMPACT OF MAKE IN INDIA CAMPAIGN: A GLOBAL PERSPECTIVE
ABSTRACT: India is one of the world’s fastest growing economies, the tenth largest in the world by nominal GDP and the third largest by purchasing power parity (PPP). India needs to identify the steps being taken to give more financial powers to states, increased investment on infrastructure, emphasis on manufacturing which enables to open the door for investment. This Make in India campaign guides the foreign investors, prompt response, assistance to foreign investors and provide relevant information and proactive approach. This paper covers overview of the Make in India campaign, sectors covered, Initiatives taken by companies, growth cycles, challenges, opportunities and foreign investment in Indian manufacturing. The present study is based on secondary data. The data has been extracted from the various sources like research articles, publications from Ministry of Commerce, Government of India, various bulletins of RBI and authenticated websites. The study found that, Make in India will bring a drastic change in the fields like automobiles, aviation, biotechnology, defense, media, thermal power, oil, gas and manufacturing sectors. Thus, we can conclude that, despite the fact that “Make in India” though came at a right time, its execution remains a big challenge.
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The document discusses the importance of MSMEs in the Indian economy. It notes that MSMEs account for 90% of businesses in India and employ 40% of the workforce. However, MSMEs face challenges accessing credit, infrastructure, technology, markets and skilled workers. The government has implemented various programs to support MSMEs, including Make in India, Startup India, and increasing the MSME budget. The Ministry of MSME focuses on improving access to finance, technology, infrastructure and markets to strengthen the sector. Overall the document emphasizes that a thriving MSME sector is crucial to India's economic growth and job creation.
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This document discusses how young entrepreneurship in India can lead to economic development and wealth creation. It notes that India has a large young population that represents a demographic dividend with potential to boost the economy. Young entrepreneurs can help meet the needs of India's large population at the bottom of the pyramid through innovation. Factors like unemployment, slow public sector growth, increasing demand, and inflation create opportunities for young people to pursue entrepreneurship. Nurturing young entrepreneurs can generate employment, wealth, and economic growth as they apply their knowledge, skills, risk-taking attitude, and initiative to launch new enterprises and diversify existing ones. Effectively engaging India's youth in entrepreneurship can help develop their skills and experiences while contributing to the nation as
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India has a large population and abundant natural resources. Its economy has grown at around 7% annually under economic reforms. However, unemployment remains around 10% and poverty affects 25% of the population. The government is promoting privatization and foreign direct investment to improve employment and further economic growth.
Atma-nirbhar-Boost for small businesses.docx
The document discusses how India's Atmanirbhar Bharat initiative is helping small businesses and startups in tier 2 cities. It provides examples of how businesses have adapted during the pandemic by becoming self-reliant and developing new products like sanitizers and masks. The initiative aims to support street vendors through affordable loans. Online marketplaces have also helped small businesses expand. The MSME sector plays a key role in achieving Atmanirbhar Bharat through contributing to the economy and creating jobs across India. Government policies aim to strengthen MSMEs to help revive the economy.
Developments in economic in india
India has emerged as the fastest growing major economy and is expected to be one of the top three economic powers over the next 10-15 years. India's GDP growth rate was estimated at 12% in 2019-2020. The government has implemented several initiatives like Make in India and Digital India to boost manufacturing and increase foreign investment. Recent government efforts aim to improve rural development, healthcare, and infrastructure to continue advancing the Indian economy.
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This document provides information on a proposed World Bank program to support strengthening institutions and markets to enhance productivity among micro, small, and medium enterprises (MSMEs) in India. The program would support the government's efforts to address low productivity among MSMEs that is constraining growth and job creation. It would focus on improving institutional capabilities and providing support for market access, firm capabilities, and access to finance through two main results areas. The environmental and social risks are identified as substantial given the program's scope and variations in capacities to manage risks among participating states.
Manufacture Revitalization - Making Indonesia 4.0
This document outlines Indonesia's "Making Indonesia 4.0" initiative to revitalize its manufacturing industry through the implementation of Industry 4.0 technologies. The strategy aims to increase GDP growth to 6-7% annually, create 30 million new manufacturing jobs by 2030, and boost manufacturing's GDP contribution to over 25%. It proposes 10 national priorities to accelerate manufacturing, including improving infrastructure, attracting foreign investment, enhancing workforce skills, and providing incentives for technology adoption. The goal is for Indonesia to become one of the world's top 10 economies by 2030 through modernizing its manufacturing sector.
Presentation on MAKE IN INDIA- THE FUTURE.
The presentation provides an overview of India's "Make in India" initiative launched by Prime Minister Modi in 2014 to encourage manufacturing in India. It discusses the key elements and objectives of the initiative such as generating employment, transforming India into a global manufacturing hub, and reducing barriers to business. It outlines sectors being targeted and how manufacturing can help address India's need for job creation. It also notes India's "demographic dividend" of a large working age population and its goal of training 104 million people by 2022 under the Skill India program.
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The document provides an overview of the Indian economy and recent developments. It notes that India has emerged as the fastest growing major economy and is expected to grow between 6.75-7.5% in FY 2017-18. Several reforms and initiatives like Make in India, Digital India, and demonetization are fueling economic growth. The road ahead looks promising, with India's consumption expected to triple by 2025 and its economy projected to become the second largest globally by 2040 in terms of purchasing power parity.
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Dr.C.Muthuraja's Presentation on Make in India : A Boost to the Indian Manufa...
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- 2. Make in India job creation The job creation of new opportunities for paid employment especially for those who are unemployed The government of India .the make in India program me is very important for the economic growth of India as it aims at utilizing the existing Indian talent base, creating additional employment opportunities and empowering secondary and tertiary sectors.
- 3. How make in India can impact job growth The progressive “make in India campaign by the Indian government, to turn the country into a global manufacturing hub has become a topic of debate among the economists worldwide. Increase in investment will drive the growth the government’s latest initiative has aroused positive sentiments in the minds of the industry professionals.
- 4. Employment and growth To provide productive employment for the continuing increase in the labour force is an integral part of our objective of inclusive growth. Accelerating growth and expanding employment opportunities are the goals of economics policy.