Government to take more steps to Facilitate ‘Make in India’ Initiative

Government will undertake more steps to facilitate ease of doing business as part of the ‘Make in India’ initiative. Inaugurating the one-day National Workshop on Sectoral Perspectives & initiatives: Creating an enabling framework for stimulating investments for Make in India, Finance Minister Shri Arun Jaitley said that number of steps have been taken in the past seven months to facilitate an investor friendly climate in the country. However, manufacturing still remains a challenge. Stressing on the need for manufacturing growth to ensure employment for youth of the country, the Finance Minister underlined several initiatives to facilitate ease of doing business in the country. “Entry point has to be eased, initial barriers lowered and removed, and after entry, enabling environment has to be created.” The Finance Minister stressed on the need for streamlining the dispute resolution mechanism. Noting that availability of lands for manufacturing has to undergo a complex procedure, Shri Jaitley talked of the plan to remove such bottlenecks and to ensure that “our regime is competitive.”