MII part 3
MII part 3
Presented by-
Presented to- Dr Ankur Saxena Divyanshu Jaiswal
Jyoti Yadav
Anshika Saroj
Ashwani Kumar
Km. Ragni
Archita Singh
Ishika Gupta
Content 10 Key Reforms
12 Key examples
Ease of doing
11
business
Key reforms
The *Make in India* initiative, launched in September 2014, aims to transform India into a global manufacturing
hub. Several key reforms were introduced to enhance ease of doing business, attract investments, and boost
domestic manufacturing. Here are the highlights:
02 Infrastructure Development
Accelerated projects like industrial corridors, smart cities, and better logistics to enhance industrial
infrastructure and connectivity.
05 Focus Sectors
Identified 25 priority sectors like automotive, electronics, textiles, aviation, and pharmaceuticals for
targeted policy support and incentives.
06 Skill Development
Launched initiatives like Skill India and Pradhan Mantri Kaushal Vikas Yojana (PMKVY) to create a
skilled workforce aligned with industrial needs.
07 Tax Reforms
Implementation of GST to create a unified tax structure and reduce compliance costs for businesses.
08 Intellectual Property Rights (IPR) Reforms
Strengthened IPR laws and introduced a more robust system to promote innovation and protect
patents and trademarks.
09 Export Promotion
Policies to boost manufacturing for export markets, including incentives under schemes like the
Production Linked Incentive (PLI).
Ease of doing Business
The *Ease of Doing Business* reforms under the *Make in India* program focus on creating a
business-friendly environment by simplifying procedures, reducing regulatory hurdles, and improving
governance. Key initiatives include:
01 Simplified Processes
-Introduction of single-window clearance systems for approvals and permits.
-Online portals for registration, tax filings, and compliance management.
02 Improved Rankings
Focused efforts to improve India's ranking in the World Bank's Ease of Doing Business Index by
addressing key parameters like starting a business, construction permits, electricity supply, and
contract enforcement.
Ease of doing Business
03 Digitization and Transparency
-E-governance initiatives to enhance transparency and minimize human intervention.
-Implementation of online systems for labour laws and environmental clearances.
04 Tax Reforms
Introduction of the *Goods and Services Tax (GST)* to unify the tax structure and reduce compliance
complexity.
05 Simplified Laws
-Consolidation of labour laws into simplified labour codes.
- Decriminalization of minor economic offenses.
01 Automobile Sector
Policies to boost manufacturing for export markets, including incentives under schemes like the
Production Linked Incentive (PLI).
Tata Motors: Manufacturing vehicles like the Tata Nexon EV and Safari.
Maruti Suzuki: Produces vehicles in India, catering to domestic and international markets.
Mahindra & Mahindra: Known for SUVs like Scorpio and Thar, as well as farm equipment.
Apple: Produces iPhones, such as the iPhone 15, through partners like Foxconn in India.
03 Defense Manufacturing
HAL (Hindustan Aeronautics Limited): Produces indigenous fighter jets like Tejas.
Larsen & Toubro (L&T): Builds defence ships and artillery systems.
Key Example
04 Railways
Vande Bharat Express: India’s indigenous semi-high-speed train, built by Integral Coach Factory
(ICF) in Chennai.
05 Space Technology
ISRO: Develops indigenous space technology, such as the PSLV, GSLV, and Chandrayaan
mission.
Antrix Corporation: Commercial arm of ISRO promoting satellite launches and products.
06 Consumer Goods
Amul: Produces dairy products entirely within India.
Patanjali: Manufactures herbal and Ayurvedic products domestically.
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