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Action plan for 'Make in India' on Monday

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The central government will on Monday take stock of the ground-level problems faced by the 25 sectors identified in 'Make in India' to prepare action plans for one to three years. Make in India is aimed at transforming India into a manufacturing hub by improving ease of doing business in India. State governments and industries can help in making this a success.

On Monday, a high-profile daylong workshop - "Sectoral Perspectives and Initiatives" - will be organised with ministers, industries and state chief secretaries to deliberate on various concerns of different sectors. These would then be presented to the prime minister later in the day at the same workshop, on the basis of which action plans would be prepared.

When asked what steps have been taken since the launch of the Make in India campaign, sources said the steps taken include the department of revenue issuing tax deduction account number online to companies, launching of a portal to comply with labour laws, amendment in Apprenticeship Act, liberalising the defence sector in terms of doing away with licensing in the number of areas, reducing the paper work to three from nine in terms of clearance from customs etc.

Representatives of Ford India, Maruti Suzuki, Mahindra & Mahindra, oil PSUs, Confederation of Indian Industry and the Federation of Indian Chambers of Commerce and Industry would participate in the event.

Consultants - Boston Consulting Group, Bain and Company, KPMG - would provide the knowledge support to the workshop. Sector-wise status reports prepared by these consultants would be deliberated upon.

http://www.business-standard.com/article/economy-policy/action-plan-for-make-in-india-on-monday-114122700682_1.html

 
A good initiative.
consultant,trade bodies can help simplify rules and regulations for make n india

as long as there is motivation for make in india,with very low tax rates , low interest rates, inflation

who would like to manufacture anything?

there is money only in trading and being a middleman

there is money in speculation in shares, commodity , land

all this manufacturing, make in india is a lot of garbage ok for speeches with no takers
 
Some want easy money, some earn by hard work. Only a productive manufacturing country will weather fluctuations and calamities and survive. Trading countriess will collapse.
 
reg #3 I beg to disagree

singapore success story is not built on manufacture.

it is financial and trading hub

india would like to learn from singapore
 
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