English, asked by metricspace4932, 6 months ago

Wire a speech on make in india

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Answered by vibha90
2

India’s 68th Independence Day gave a new vision to its citizen by its new Prime Minister Narendra Modi. The vision has created a buzz among all the people and sectors alike. The inspiring vision is seen as the new formula for the success of every individual, every company, and every business. To boost the Indian economy, Prime Minister Narendra Modi coined the term “Make in India”. An initiative to boost manufacturing by easing business processes. It aims at attracting foreign companies to set up factories in India and invest in the country’s infrastructure. In simple terms, Modi is trying to create job opportunities for the huge population.

The mission had its origin in the Prime Minister’s Independence Day speech, inviting global companies to pick India to locate factories, promising to replace hurdles with red-carpet welcomes. Make in India, an international marketing campaigning slogan was officially launched on 25 September, 2014.

The push for manufacturing could not have come at a better time as today, India needs to grow faster to increase the income level. It will create jobs for over million people who join the workforce every year. “We at the Tata Group welcome PM Modi’s INJake in India programme. It’s an opportunity to make India truly and globally competitive,” was related by Tata group CEO Cyrus Mistry. The perfect logo of the mission is personified by a lion with a mechanical body. Modi exclaimed that the logo is derived from Ashoka Chakra.

The lion in the logo stands for strength and power while the wheels are a sign of development and progress. He further said that: “My definition of FDI for the people of India is First Develop India.” While inviting world-class companies to India, Narendra Modi also requested Indian manufacturers not to leave the country and supported that Indian companies too should shine as multinational companies.

On this ITC chairman YC Deveshwar said : “The boldness of your vision and the simplicity with which you have communicated it is inspiring.” For the fruitful start, the new government has laid guidelines for the progress of the project. Some examples are like: reducing the paper work required for establishing companies and minimising the time required for government approvals, abolishing the Corporate Social Responsibility (CSR) from the project cost. Guidelines have been issued for quickening clearances to projects that are approved by state governments.

Policies have been made for the easy transfer of funds while switching jobs anywhere in the country. A dedicated cell has been created to answer queries from business entities through a newly created web portal. These are some mere steps taken while the government, with the help of experts, is trying hard to improve every bit.

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