Make in India (MI) is not a government programme, beyond the terms of facilitation that any Union government can provide to boost industrial growth (in the manufacturing sector). This has been done through an invitation of policy changes to create interest and investment to meet the inevitable growth trajectory in business processes.
Category: ECONOMY & POLICY
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India is a Bright Spot Amidst a Dim Global Outlook
There have been multiple evaluations of the recently launched 'Make in India' campaign and the subsequent projects that have been undertaken by the government to improve and enable the economic growth of the Indian maritime clusters. In this light, Elektrans Group is all set to further expand its footprint globally as well as within their home base in India.
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Cleaning Up a Nation
With only 45 per cent of the rural Indian population having access to a toilet, more than half of the 800 million people residing in the rural hinterlands of the country defecate in public places.
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Building the Blocks
The importance of quality infrastructure and the development of an economy have an umbilical cord binding them and can never be seen in isolation. Broadly, infrastructure is the network of power, telecom, ports, airports, roads, civil aviation, railways, and transportation in a country and is the lifeline of the economy of a country.
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Urban Growth Corridors
India is one of the fastest growing and most populated economies in the world. By 2030, the urban areas would contribute 75 per cent of India's GDP and house 590 million people, about 40 per cent of the population.
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Recovery from demonetisation is a foregone conclusion
There is definitely going be a short-term impact of demonetisation on the industry. The November 2016 sales of two-wheelers, four-wheelers and the automotive industry in general has taken a beating.
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GST will help companies reduce logistics costs by up to 1.5percent
According to me every move has an advantage and a disadvantage. The business success depends on the ability of a company to factor in variables and continue to stand firm.
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GST will reduce the share of the unorganised sector in warehousing
The GST is a value-added tax that will replace all other indirect taxes in India. One purpose of the GST is to make taxes ´destination´ based rather than origin based, or ´efficiency´ based rather than ´regulation´ based.
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Indian logistics saw better growth while globally there was muted demand
Big is definitely better for the warehousing services focusing on serving organised sectors. Economies of scale, cheaper land costs, more automation and higher labour utilisation are some of the key benefits.
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Over 12 lakh houses for urban poor
Under the Pradhan Mantri Awas Yojana (PMAY), a total of 12,27,088 affordable houses for the Economically Weaker Sections in urban areas have been approved with Central assistance commitment of Rs.19,682 crore.