A study on make in india programme: problems and prospectus

Author: 
MSR Krishna Prasada Rao

The ‘Make in India’ campaign has its origin in the Prime Minister’s Independence Day speech in which he gave a clarion call for “Make in India” and “Zero Defect; Zero Effect” policies. The campaign aims to facilitate investment, foster innovation, enrich skill development, shield intellectual property, and build best-in-class producing infrastructure in India. The initiative seeks to woo domestic and foreign investors by promising a business atmosphere contributory to them. The present study is descriptive in nature, primarily based on secondary sources of data. This paper studies the concept of Make in India, present status, challenges, hurdles, differences between Made in India and Make in India, and finally gives suggestions for the smooth functioning of this flagship program of NDA government. In a nutshell, the Centre's ambitious 'Make in India' initiative cannot succeed if 'Skill India' does not succeed. 'Skill India' can, in turn, triumph only when many alternative parameters, as well as those associated with education and research, were developed on par with international standards.

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DOI: 
http://dx.doi.org/10.24327/ijcar.2018.9318.1535
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Volume7