{"id":457,"date":"2015-10-19T13:36:07","date_gmt":"2015-10-19T13:36:07","guid":{"rendered":"http:\/\/carajput.com\/blog\/?p=457"},"modified":"2021-10-22T13:04:01","modified_gmt":"2021-10-22T07:34:01","slug":"new-initiatives-of-the-new-government-of-india-make-in-india","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/new-initiatives-of-the-new-government-of-india-make-in-india\/","title":{"rendered":"New initiatives of  new government of india-\u201cmake in india\u201d"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_88 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6accab33e59f4\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6accab33e59f4\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/new-initiatives-of-the-new-government-of-india-make-in-india\/#NEW_INITIATIVES_OF_THE_NEW_GOVERNMENT_OF_INDIA-%E2%80%9CMAKE_IN_INDIA%E2%80%9D\" >NEW INITIATIVES OF THE NEW GOVERNMENT OF INDIA-\u201cMAKE IN INDIA\u201d<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/new-initiatives-of-the-new-government-of-india-make-in-india\/#IT_MAKE_EASE_IN_FOREIGN_INVESTMENT_POLICY_FOR_KEY_SECTORS\" >IT MAKE EASE IN FOREIGN INVESTMENT POLICY FOR KEY SECTORS<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/new-initiatives-of-the-new-government-of-india-make-in-india\/#NEW_PROCESS_INITIATIVE_TAKEN_BY_GOVERNMENT_OF_INDIA\" >NEW PROCESS &amp; INITIATIVE TAKEN BY GOVERNMENT OF INDIA<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/new-initiatives-of-the-new-government-of-india-make-in-india\/#Doing_business_in_India_just_got_easier\" >Doing business in India just got easier:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/new-initiatives-of-the-new-government-of-india-make-in-india\/#New_innovations_are_worthy_of_notice_in_India_under_the_%E2%80%9CMake_in_India\" >New innovations are worthy of notice in India under the \u201cMake in India :<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"NEW_INITIATIVES_OF_THE_NEW_GOVERNMENT_OF_INDIA-%E2%80%9CMAKE_IN_INDIA%E2%80%9D\"><\/span><span style=\"color: #000080;\"><strong>NEW INITIATIVES OF THE NEW GOVERNMENT OF INDIA-\u201cMAKE IN INDIA\u201d<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2015\/12\/28.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1538\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2015\/12\/28.png\" alt=\"www.carajput.com;Make Ind India\" width=\"847\" height=\"505\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2015\/12\/28.png 847w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2015\/12\/28-300x179.png 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2015\/12\/28-768x458.png 768w\" sizes=\"auto, (max-width: 847px) 100vw, 847px\" \/><\/a><\/p>\n<p style=\"text-align: justify;\">One of the major initiatives of the New Government of India, led by Mr. Narendra Modi is the new \u201cMake in India &#8221;<br \/>\nThe program, The objective is to make India a manufacturing hub for the work and to attract the major Industries<br \/>\nacross the globe to set up their manufacturing facilities in India.<\/p>\n<p style=\"text-align: justify;\">The Make in India program includes major new initiatives designed to facilitate investment, foster innovation,<br \/>\nprotect intellectual <a href=\"https:\/\/carajput.com\/blog\/tag\/faq-on-selling-of-property\/\">property<\/a>, and build best-in-class manufacturing infrastructure.<\/p>\n<p style=\"text-align: justify;\">Most importantly, the Make in India program represents an attitudinal shift in how India relates to investors;<br \/>\nnot as a permit-issuing authority, but as a true business partner.<\/p>\n<ul style=\"text-align: justify;\">\n<li>Dedicated teams that will guide and assist first-time investors, from time of arrival.<\/li>\n<li>Focused targeting of companies across sectors<\/li>\n<\/ul>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"IT_MAKE_EASE_IN_FOREIGN_INVESTMENT_POLICY_FOR_KEY_SECTORS\"><\/span><span style=\"color: #008000;\"><strong>IT MAKE EASE IN FOREIGN INVESTMENT POLICY FOR KEY SECTORS<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">With the easing of investment caps and controls, India&#8217;s high- value industrial sectors;\u00a0defense, construction and railways\u00a0are now open to global participation.<\/p>\n<ul style=\"text-align: justify;\">\n<li>Policy in Defense sector liberalized and <a href=\"https:\/\/www.caindelhiindia.com\/blog\/implications-ma-more-secure-on-making-fdi-in-india-inflows\/\">FDI<\/a> cap raised from 26% to 49%.<\/li>\n<li>Portfolio investment in Defense sector permitted up to 24% under the automatic route.<\/li>\n<li>100% FDI allowed in Defense sector for modern and state of the art technology on case to case basis.<\/li>\n<li>100% FDI under automatic route permitted in construction, operation and maintenance in specified Rail Infrastructure projects such as:<\/li>\n<li>Suburban corridor projects through PPP<\/li>\n<li>High speed train projects<\/li>\n<li>Dedicated freight lines<\/li>\n<li>Rolling stock including train sets and locomotives\/coaches manufacturing and maintenance facilities Railway electrification<\/li>\n<li>Signaling systems<\/li>\n<li>Freight terminals<\/li>\n<li>Passenger terminals<\/li>\n<li>Infrastructure in industrial park pertaining to railway line\/sidings including electrified railway lines and connectivity to main railway line<\/li>\n<li>Mass Rapid Transport Systems<\/li>\n<li>Easing of norms underway for FDI in the Construction Development<\/li>\n<\/ul>\n<p>Read our articles :<\/p>\n<ul>\n<li><strong><a href=\"https:\/\/carajput.com\/publications\/effect-of-gst-on-advertising-and-cinema-induatry.pdf\">Effect of GST on Advertisement and Cinema Industry<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/carajput.com\/publications\/gst-impact-on-import-and-exports.pdf\" data-cke-saved-href=\"https:\/\/carajput.com\/publications\/gst-impact-on-import-and-exports.pdf\">GST Impact on Import and Export\u00a0<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/carajput.com\/blog\/gst-impact-on-real-estate\/\" data-cke-saved-href=\"https:\/\/carajput.com\/blog\/gst-impact-on-real-estate\/\">\u00a0GST Impact on Real Estate\u00a0<\/a><\/strong><\/li>\n<\/ul>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"NEW_PROCESS_INITIATIVE_TAKEN_BY_GOVERNMENT_OF_INDIA\"><\/span><span style=\"color: #008000;\"><strong>NEW PROCESS &amp; INITIATIVE TAKEN BY GOVERNMENT OF INDIA <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Doing_business_in_India_just_got_easier\"><\/span><span style=\"color: #ff6600;\"><strong>Doing business in India just got easier:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">The government introduces new de-licensing and deregulation measures would result in reducing complexity, and significantly increasing speed and transparency.<\/p>\n<ul style=\"text-align: justify;\">\n<li>Process of applying for Industrial License &amp; Industrial Entrepreneur Memorandum made online on 24 x 7 bases through the E-Biz portal.<\/li>\n<li>The validity of Industrial license extended to three years.<\/li>\n<li>States asked to introduce self-certification and third-party certification under the Boilers Act.<\/li>\n<li>Major components of the Defense products list excluded from industrial licensing.<\/li>\n<li>Dual-use items having military as well as civilian applications deregulated.<\/li>\n<li>Services of all Central Govt. Departments &amp; Ministries will be integrated with the E-Biz a single window IT platform for services by 31 Dec. 2014.<\/li>\n<li>Process of obtaining environmental clearances made online.<\/li>\n<li>Following advisories sent to all Departments\/State Governments to simplify and rationalize regulatory environment.<\/li>\n<li>All returns should be filed on-line through a unified form.<\/li>\n<li>A check-list of required compliances should be placed on Ministry&#8217;s\/Department&#8217;s web portal.<\/li>\n<li>All registers required to be maintained by the business should be replaced with a single electronic register.<\/li>\n<li>No inspection should be undertaken without the approval of the Head of the Department.<\/li>\n<li>For all non-risk, non-hazardous businesses a system of self-certification to be introduced.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"New_innovations_are_worthy_of_notice_in_India_under_the_%E2%80%9CMake_in_India\"><\/span><span style=\"color: #333399;\">New innovations are worthy of notice in India under the \u201cMake in India :<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>The GST has eased the tax-related bureaucratic framework and has helped to reduce the cost of production.<\/li>\n<li>Digital transformation has taken center stage in recent years. A seamless online system has made the company&#8217;s birth and its survival easier.<\/li>\n<li>The latest Insolvency and Bankruptcy Code has a strong turnaround process in its back during the rainy days.<\/li>\n<li>Schemes such as Jan Dhan Yojana and Jan Dhan Yojana, Prime Minister, aim at financial inclusion for all people.<\/li>\n<li>For a while now, the term Foreign Direct Investment was doing the rounds. Foreign direct investment liberalization has led to a rise in the inflow of funds and has also helped to make India an open economy. Because of job creations, the after-effects are sure to be positive.<\/li>\n<li>Interconnection is essential to business growth. The Sagarmala program and the Bharatmala Pariyojana Project aim to do the same.<\/li>\n<li>New technologies had little impact in rural areas. Now, however, BharatNet is implementing the digital delivery of different services across the country.<\/li>\n<li>India is Worlds No 4 in terms of its capacity to exploit wind power and Solar Power Worlds No 6.<\/li>\n<li>India has come a very long way in electronics manufacturing since 2014 making it one of the biggest successes of the ambitious &#8216;Make in India&#8217; initiative by Prime Minister Narendra Modi. The country produced electronics worth $29 billion in 2014 &amp; imports stood at $38 billion. Output sprung to $70 billion in 2018-19 and imports increased to $57 billion. The big leap was attributed by producing mobile devices that grew from $2.9 billion in paltry to $24.3 billion. Now India is the world&#8217;s second-largest mobile manufacturing center. In 2014-15 rates other fields such as computer hardware development, strategic electronics, consumer electronics, industrial electronics have improved.<\/li>\n<\/ul>\n<p>Furthermore, the cardinal thing under the Make in India scheme is the ease of doing business which will inspire the companies to invest.<\/p>\n<p>For details about it Download <a href=\"https:\/\/carajput.com\/publications\/1__DD744811-L.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">DOING BUSINESS IN INDIA<\/a><\/p>\n<p style=\"text-align: justify;\">For more information, you may query or take help, contact:<a href=\"mailto:singh@carajput.com\">singh@carajput.com<\/a>\u00a0or call at 9555555480<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW INITIATIVES OF THE NEW GOVERNMENT OF INDIA-\u201cMAKE IN INDIA\u201d One of the major initiatives of the New Government of India, led by Mr. Narendra Modi is the new \u201cMake in India &#8221; The program, The objective is to make India a manufacturing hub for the work and to attract the major Industries across the &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[208,150,43,9],"tags":[9122,3434,3436,3439,3438,3440],"class_list":["post-457","post","type-post","status-publish","format-standard","hentry","category-company-registration","category-direct-tax","category-foreign-trade","category-income-tax","tag-doing-business-in-india","tag-foreign-investment-policy","tag-policy-in-defense-sector-liberalized","tag-rationalize-regulatory-environment","tag-single-electronic-register","tag-third-party-certification-under-boilers-act"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.2 - aioseo.com -->\n\t<meta name=\"description\" content=\"It make ease in foreign investment policy for key sectors | Effect of GST on Advertisement and Cinema Industry | a Focused targeting of companies across 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