Thursday, 10 December 2015

Global Economic Recession Affect

The Government has launched a “Make in India” initiative in September 2014 with 25 thrust sectors to provide a push to manufacturing in India. An Investor Facilitation Cell with support up to the State level has also been created in ‘Invest India’ to assist, guide, hand-hold and facilitate investors during the various phases of the business life cycle. In addition, various programmes such as inclusive development, including Financial Inclusion, Skill India, Digital India, Industrial Corridors and Smart Cities are expected to provide boost to growth and employment in India. These measures/initiatives will also benefit the Central Public Sector Enterprises (CPSEs). Selected CPSEs under Department of Heavy Industry have been included in the “Make in India” initiative for restructuring and strengthening of their capabilities and making appropriate business plans for the future. 

This information was given by Minister of State in the Ministry of Heavy Industries and Public Enterprises, Shri G.M. Siddeshwara in a written reply in Rajya Sabha today (December 10, 2015)



Courtesy: pib.nic.in

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