UNIT 6 Part 1
UNIT 6 Part 1
agriculture, etc.
literacy.
implementation.
Impact on Business Environment:
•Business Efficiency: Easier access to
information, digital platforms for payments, and
e-governance portals streamline processes.
•Startups: Increased support for startups with
schemes such as Startup India, using the digital
platform.
•E-Commerce Growth: With more people
online, the scope for e-commerce has expanded
significantly.
•Challenges: Cybersecurity threats, data
privacy concerns, and the digital divide in rural
areas.
Make in India
Introduction: Make in India is an initiative launched by
the Government of India in 2014 to encourage
multinational and domestic companies to manufacture their
products in India. It aims to transform India into a global
manufacturing hub.
Key Objectives:
1.Boost Manufacturing: Increase the manufacturing
sector's growth rate to 12-14% per annum.
2.Job Creation: Generate 100 million additional jobs by
2022 in the manufacturing sector.
3.Increase GDP Contribution: Raise the contribution of
the manufacturing sector to GDP to 25% by 2025.
4.Attract FDI: Create a conducive environment for
investment, innovation, and fostering skill development.
Impact on Business Environment:
support manufacturing.
city development.
businesses.
Indian businesses.