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Make In India

                    MAKE IN INDIA


The Make in India initiative was launched by Prime Minister in 

September 2014 as part of a wider set of nation-building initiatives. 

Devised to transform India into a global design and manufacturing hub, 

Make in India was a timely response to a critical situation. By 2013, the 

much-hyped emerging markets bubble had burst, and India’s growth rate 

had fallen to its lowest level in a decade. The promise of the BRICS 

Nations (Brazil, Russia, India, China and South Africa) had faded, and 

India was tagged as one of the so-called ‘Fragile Five’. Global investors 

debated whether the world’s largest democracy was a risk or an 

opportunity. India’s 1.2 billion citizens questioned whether India was too 

big to succeed or too big to fail. India was on the brink of severe 

economic failure, desperately in need of a big push.

 

Make in India – Schemes


Several schemes were launched to support the Make in India programme. 

These schemes are discussed below:


Skill India


This mission aims to skill 10 million in India annually in various sectors. Make 

in India to turn into a reality, there is a need to upskill the large human 

resource available. This is important because the percentage of formally 

skilled workforce in India is only 2% of the population.


Startup India


The main idea behind this programme is to build an ecosystem that fosters 

the growth of start-up’s, driving sustainable economic growth, and creating 

large-scale employment.


Digital India


This aims to transform India into a knowledge-based and digitally empowered 

economy. To know more about Digital India, click on the linked page.


Pradhan Mantri Jan Dhan Yojana (PMJDY)


The mission envisages financial inclusion to ensure access to financial 

services, namely banking savings & deposit accounts, remittances, credit, 

insurance, pension in an affordable manner. Click the linked article to know 

more about Pradhan Mantri Jan Dhan Yojana (PMJDY).


Smart Cities


This mission aims to transform and rejuvenate Indian cities. The goal is to 

create 100 smart cities in India through several sub-initiatives.


AMRUT


AMRUT is the Atal Mission for Rejuvenation and Urban Transformation. It 

aims to build basic public amenities and make 500 cities in India more liable

and inclusive.


Swachh Bharat Abhiyan


This is a mission aimed at making India more cleaner and promoting basic 

sanitation and hygiene. For more information on Swachh Bharat Mission, 

click on the linked article.


Sagarmala


This scheme aims at developing ports and promoting port-led development in 

the country. Read more on the Sagarmala Project in the linked article.


International Solar Alliance (ISA)


The ISA is an alliance of 121 countries, most of them being sunshine 

countries, which lie either completely or partly between the Tropic of Cancer 

and the Tropic of Capricorn. This is India’s initiative aimed at promoting 

research and development in solar technologies and formulating policies in 

that regard.


AGNII


AGNII or Accelerating Growth of New India’s Innovation was launched to push 

the innovation ecosystem in the country by connecting people and assisting 

in commercializing innovations.


Make in India – Objectives


There are several targets aimed by the Make in India mission. They are:

1. Raise in manufacturing sector growth to 12-14% per year.

2. Create 100 million additional jobs in the manufacturing sector by 2022.

3. Increase in the manufacturing sector’s share in the GDP to 25% by 2022.

4. Creating required skill sets among the urban poor and the rural 

migrants to foster inclusive growth.

5. A rise in the domestic value addition and technological depth in the 

manufacturing sector.


Conclusions

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