Innovative Financial Advisors Pvt. Reviews Make In India - The Road Ahead

By Author: Anand Kumar
Total Articles: 15
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Make in India is a program launched by the government of India as part of its nation building initiatives on, september 25th 2014. Innovative Financial Advisors Pvt. Ltd reviews the program stresses upon the promotion of making or manufacturing things in India, by national as well as multinational companies operating in the country. The prime focus of the program has been the electronic goods industry. With demand exponentially on the rise, the government aims to make zero imports an achieved target by 2020. Thus, Innovative Financial Advisors Pvt. Ltd reviews make in India campaign is pegged to become a cornerstone of India’s economic progress.

Not limiting itself to electronics, the campaign has quite a broad spectrum; ranging from manufacturing, construction to information technology. With almost 12 million people joining the workforce each year, Innovative Financial Advisors Pvt. Ltd reviews that the campaign aims to tap the potential of the youth to provide a boost to India’s manufacturing and services sector. The government has already initiated a $5 billion project in this regard for the state of Uttar Pradesh. ...
... Many more states are expected to join the bandwagon as the year progresses. This is expected to be achieved through increased government sponsorship of development projects as well as hosting of promotional events to spread awareness.

Public Private Partnerships (PPP) form another major tool to further the purpose of the Make in India campaign. It is quite evident that government cannot single handedly lead the banner of make in India. Innovative Financial Advisors Pvt. Ltd suggests it is for this reason that the private sector is being provided a lot of incentives for participating in this growth oriented policy. For instance under the union budget 2016, startups have been granted a tax holiday for an initial period of 3-5 years in order to promote undertakings that boost manufacturing and service enterprise in the country. Moreover, Innovative Financial Advisors Pvt. Ltd suggests that the taxation and lending system has also been highly relaxed in order to promote capital formation in the Indian economy.

Ease of doing business is another critical aspect that is being paid attention to under the Make in India campaign. Innovative Financial Advisors Pvt. Ltd suggests India currently ranks at 142nd position in the global tally for the ease of doing business. Lack of good infrastructure, support and climate makes it difficult for both foreign and domestic players to incorporate and run business in India. It is the highlight of the campaign to work on the development of this required infrastructure as well as ease the rules and regulations that surround incorporation and running of business entities in the country. It is only when India steps up the game in this arena will more enterprise take the bait of operating within the country.

Summing up, Innovative Financial Advisors Pvt. Ltd suggests Make In India campaign’s road ahead seems quite clear. It rests on promotion by the government both at the central and the state level. Investment in infrastructure as well as awareness is imperative to encourage people in participating in this growth oriented policy. Private partnerships need to be promoted so as to transfer this baton in the hands of the larger public and building momentum. Alongside, infrastructure and legal framework must be provided that makes running an enterprise easier within this nation.

Written By – Kshitij Gupta
Published By – Innovative Financial Advisors Pvt. Ltd.
Company Name- Innovative Financial Advisors Pvt. Ltd.
Phone No. - 011-42332200
Fax – 011-42332205
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