plz give me article on "Make in India's Digital Economy"
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Make in India initiative launched by prime minister Mr.Narendra modi was initiative aimed at making India a manufacturing hub.It was also roll out with the aim of creating millions of job in the country.The 'make in India' program is an initiative launched to encourage companies to increase manufacturing in India.This not only includes attracting companies to set up shop in India but also encouraging domestic companies to increase production with in the country.its aims to increase the GDP and tax revenue in the country, creating more job, enhancing skill development,high quality of product , minimising the impact on the environment.
GDP of India in different sector :
1. service sector (bank,IT,etc)55%GDP
2. manufacturing sector (industry)16%
3.agriculture sector 29%
In order to increase GDP of manufacturing fector 16%to 25% by 2022.so,The government has announced 100% FDI in various sectors except defense 49% space 74% and news Media 26% to create 100 million additional jobs by 2022 in manufacturing sector and
to create appropriate skill sets among rural migrants and the urban poor for inclusive growth.
Recently on Make in India:
Maharashtra Chief Minister Devendra Fadnavis unveiled “Laman Diva or Nanda Deep” as the logo of the first Make in India Week scheduled to be held in Mumbai between February 13 and 18, which will be inaugurated by Prime Minister Narendra Modi.
“Make in India Week is an invitation to the world, and our attempt is make it as good or better than iconic, world-class economic summits such as World Economic Forum in Davos or Hannover Messe,” Mr.Fadnavis said.
Make in India's Digital Economy
By:-(Your Name)
In comparison to China, India’s digital revolution is just beginning. Prime Minister Narendra Modi wants the digital revolution to be an Indian phenomenon. He wants it to be a major driver of India’s economic growth story. He wants to reverse the trend. Instead of allowing and encouraging global companies to earn more globally out of India’s growth story, his slogan is “Make in India”.
The world is looking towards us. Leaders of all the world’s largest technology companies visited India in a very short span. They include Jeff Bezos (Amazon), Satya Nadella (Microsoft), Mark Zuckerberg (Facebook) and Pichai (Google). The announcement of Soft Bank of Japan of investing $10 billion into digital India is definitely a great news.
The Chinese digital economy directly employs hundreds of thousands of people, and giving indirectly, white-collar jobs to millions more. Digital China is now a major driver of China’s growth story. Why should India lag behind? India should adopt China’s success story. More than ever, global technology companies are eyeing India. Indian digital economy should be “Make in India” and not “Expand into India”. We should protect our domestic digital business growth. An open door policy for global companies must be reviewed. Foreign giants like Google and Facebook pocket 75% of India’s digital advertising pie. Why should we let our growth and money be exploited by outsiders? Let it be an Indian phenomenon. Let it be a ‘Make in India’s Digital Economy’.