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MAKE IN INDIA: A MISSION FOR TRANSFORMING VISION INTO REALITY


Dr. Anjana Bedi
,
Abstract

India's democracy is the world's largest democracy and hence Indian Govt. has always been required to meet the aspirations of the immensely varied society and diverse population. After independence till now, India has come over acute backwardness and is now one of the world's fastest growing economies. Various international bodies i.e. International Monetary Fund, Moody’s Investment Investor’s service, United Nations and World Bank are very optimistic about growth prospects of India. Global Economic Prospects report by World Bank has shown India to become the fastest growing major economy by 2015. “Make in India” is a major new national programme   of Government of India having focus on 25 sectors of economy. The primary objective is to attract investment across the globe and strengthen India’s manufacturing sector. The article endeavors to have a comprehensive insight of this initiative. Various write-ups of eminent authors, websites, reports of news channels and news papers have been consulted to write this article. The article has considered indicators for analysis of economic performance of India. The concluding part shows that “Make in India” will lead to employment generation while boosting manufacturing sector. It will help India to transform its economy from import oriented to export oriented.

KEYWORDS: Make in India, employment generation, fastest growing economies

 

Keywords:
Journal Name :
EPRA International Journal of Economic and Business Review(JEBR)

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Vol : 4
Issue : 12
Month : December
Year : 2016
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