Important Indian govt Campaign
Make in India is an initiative of the Government of India to encourage to attract the global world as well as domestic, companies to invest and manufacture in India. It was launched by Prime Minister Narendra Modi on 25 September 2014. It then became an international marketing campaign. the web site http://dipp.nic.in/English/Investor/makeinindia.aspx The major objective behind the initiative is to focus on job creation and skill enhancement in in which the Government has identified 25 major sectors which have the potential of becoming a global leader . . The application for licences was made available online and the validity of licences was increased to three years. Various other norms and procedures were also relaxed. In August 2014, the Cabinet of India allowed 49% foreign direct investment (FDI) in the defence sector and 100% in railways infrastructure . The defence sector previously allowed 26% FDI and FDI was not allowed in railways. People fr