Strategies to attract Investors – Make in India – 4

Mining

There has been a new change to the MMDR Act, which oversees the mineral area This revision got more prominent straightforwardness by affirming closeout to be sole strategy for award of significant mineral concessions and acquiring considered expansion of mining leases.

Public Mineral Exploration strategy, 2016 has additionally been reported in July, 2016.

Oil and Gas

Various approaches have been made, the latest one being Hydrocarbon Exploration and Licensing Policy (HELP) which has been advised on March 30, 2016. A uniform permitting framework has been created according to this strategy to deliver just as investigate all hydrocarbons, for example, coal bed methane, gas, oil, shale oil/gas, and so on under one authorizing system. This strategy likewise gives different motivations to encourage improvement of this area.

Drugs

On December 7, 2012, the National Pharmaceutical Pricing Policy, 2012 (NPPP-2012) has been told. This approach assisted with achieving guideline of costs of medication relying upon different elements. A Drug Price Control Order 2013 has been told in May 2013 to execute the arrangements of NPPP-2012.

Ports and Shipping

Administration of India intends to create two significant ports just as two port centers. There are likewise plans to execute total motorization of development and freight dealing with at ports.

Rail routes

Colossal speculations are needed to modernize and extend the current rail line organization. Privatization will assist with attaching the cycle of improvement of the rail lines. The Ministry of Railways has given Sectoral Guidelines for permitting homegrown/unfamiliar direct venture (FDI) in development, activity and support in the different territories.

Environmentally friendly power

The Indian Government has run after the improvement of sun based, wind energy and biofuels in a significant way. Different strategies have been created in India for setting up of Solar Energy Corporation in India, Offshore Wind Energy, Repowering of Wind Power Projects and State Initiatives.

Streets and Highways

This area has gotten solid budgetary help over the course of the years from the Government since advancement and upkeep of street foundation is a critical priority­ for improvement of any nation’s economy.

Space

A strategy structure for Satellite Communication in India was endorsed by Government in 1997. The standards, rules and strategies for usage of the Policy Framework for Satellite Communications in India was affirmed by the public authority in the year 2000. INSAT Coordination Committee was shaped and Remote Sensing Data Policy was made in 2011.

Materials and Garments

The Government of India has made the accompanying activities to reinforce the material creation and urge this industry to oblige the homegrown and worldwide market proficiently.

  • Innovation Upgradation Fund Scheme (TUFS)
  • Plan for Integrated Textile Parks (SITP)
  • Incorporated Processing Development Scheme (IPDS)
  • Incorporated Skill Development Scheme (ISDS)
  • Altered Technology Upgradation Fund Scheme for materials industry (ATUFS)
  • Market Access Initiatives (MAI)
  • Market Development Assistance (MDA)
  • Innovation Mission for Technical Textiles (TMTT)
  • Extraordinary bundle for Textile and Apparel area
  • Ramifications of Goods and Services Tax (GST) for Indian Textiles Sector
  • GST will bring about ‘Fiber-lack of bias impact’ that implies all man-made and characteristic strands will have equivalent duty exacted.

Aishwarya Says:

I have always been against Glorifying Over Work and therefore, in the year 2021, I have decided to launch this campaign “Balancing Life”and talk about this wrong practice, that we have been following since last few years. I will be talking to and interviewing around 1 lakh people in the coming 2021 and publish their interview regarding their opinion on glamourising Over Work.

If you are interested in participating in the same, do let me know.

Do follow me on FacebookTwitter  Youtube and Instagram.

The copyright of this Article belongs exclusively to Ms. Aishwarya Sandeep. Reproduction of the same, without permission will amount to Copyright Infringement. Appropriate Legal Action under the Indian Laws will be taken.

If you would also like to contribute to my website, then do share your articles or poems at adv.aishwaryasandeep@gmail.com

We also have a Facebook Group Restarter Moms for Mothers or Women who would like to rejoin their careers post a career break or women who are enterpreneurs.

You may also like to read:

Senior Citizens in India – Aishwarya Sandeep

Article on laws and regulations of the Indian Media and Entertainment Industry – Aishwarya Sandeep

Covid 19 and its impact on Ayurvedic Products – Aishwarya Sandeep

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