Make in India Initiative Overview
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Questions and Answers

What percentage of global real-time payment transactions occurred in India as of the time of the provided text?

  • 46% (correct)
  • 81%
  • 25%
  • 67%

    • What is the notable achievement of UPI mentioned in the provided text?

  • Becoming a major exporter of life-saving vaccines
  • Improving India's ranking in the Ease of Doing Business (EoDB) index
  • Achieving record-breaking Foreign Direct Investment (FDI) inflows
  • Processing nearly ₹81 lakh crore in transactions between April and July 2024 (correct)

    • What factor contributed most to the success of the Make in India initiative?

  • Record-breaking Foreign Direct Investment (FDI) inflows
  • Government initiatives to simplify regulations and promote ease of doing business (correct)
  • Implementation of user-friendly digital payment solutions
  • India's strong position in the global vaccine market

    • What was India's ranking in the World Bank’s Doing Business Report (DBR) 2020 before the report's discontinuation?

    <p>63rd</p> Signup and view all the answers

    How much FDI did India attract between April 2014 and March 2024?

    <p>$667.41 billion</p> Signup and view all the answers

    Which of the following factors contributes to UPI's success?

    <p>User-friendly interface and widespread acceptance</p> Signup and view all the answers

    What significant achievement is mentioned in the context of the Make in India initiative?

    <p>India becoming a major global exporter of vaccines</p> Signup and view all the answers

    What does the provided text suggest about India's digital economy?

    <p>India’s digital economy is growing rapidly and attracting investment.</p> Signup and view all the answers

    What is the primary objective of the Comprehensive Logistics Action Plan (CLAP)?

    <p>Addressing key areas such as digital logistics systems</p> Signup and view all the answers

    Which program aims to create 'Smart Cities' and advanced industrial hubs in India?

    <p>National Industrial Corridor Development Programme</p> Signup and view all the answers

    What impact did the implementation of GST have on local manufacturing in India?

    <p>Simplified the tax structure and reduced costs</p> Signup and view all the answers

    As of September 2024, how many DPIIT Recognized Startups does India have?

    <p>148,931</p> Signup and view all the answers

    What significant benefits does the Goods & Services Tax Council provide?

    <p>Ensures smooth GST implementation</p> Signup and view all the answers

    What transformation does the Startup India Initiative seek to achieve?

    <p>Convert job seekers into job creators</p> Signup and view all the answers

    What has been a major outcome of India's Unified Payments Interface (UPI)?

    <p>It has become a leader in the digital payments landscape</p> Signup and view all the answers

    Which investment amount is associated with the recent cabinet approval of new project proposals?

    <p>₹28,602 crore</p> Signup and view all the answers

    What is one of the core objectives of the 'Make in India' initiative?

    <p>To facilitate investment</p> Signup and view all the answers

    Which sector is included in the 'Make in India 2.0' initiative?

    <p>Pharmaceuticals and Medical Devices</p> Signup and view all the answers

    How many sectors does the 'Make in India 2.0' phase encompass?

    <p>27 sectors</p> Signup and view all the answers

    Which pillar of 'Make in India' focuses on enhancing the business environment?

    <p>New Processes</p> Signup and view all the answers

    What is the intention behind the 'Vocal for Local' initiative?

    <p>To showcase India's industrial potential globally</p> Signup and view all the answers

    Which service sector is part of the 'Make in India' initiative?

    <p>Information Technology &amp; IT Services</p> Signup and view all the answers

    What is a significant outcome expected from enhancing India's manufacturing capabilities?

    <p>Elevation of India's economic trajectory</p> Signup and view all the answers

    Which manufacturing sector focuses on producing products like aircraft and military equipment?

    <p>Aerospace and Defence</p> Signup and view all the answers

    What are the primary goals of the PLI Schemes?

    <p>To attract substantial investments and incorporate advanced technology</p> Signup and view all the answers

    What does PM GatiShakti aim to achieve?

    <p>An efficient transportation system and a US $5 trillion economy by 2025</p> Signup and view all the answers

    As of July 30, 2024, how many applications have been approved under the PLI Schemes?

    <p>755 applications</p> Signup and view all the answers

    Which engine is NOT part of the 7 engines that support the PM GatiShakti initiative?

    <p>Digital Infrastructure</p> Signup and view all the answers

    What has been generated as a result of the investment realisations from the PLI Schemes?

    <p>Employment for approximately 8 lakh individuals</p> Signup and view all the answers

    Which aspect does PM GatiShakti specifically address?

    <p>Creating multimodal and last-mile connectivity infrastructure</p> Signup and view all the answers

    What is one of the complementary roles supporting the 7 engines of the PM GatiShakti initiative?

    <p>IT Communication</p> Signup and view all the answers

    What is a significant outcome expected from the PLI Schemes?

    <p>Enhanced competition within the electronics sector</p> Signup and view all the answers

    What is the annual job creation number attributed to the textile industry in India?

    <p>14.5 crore jobs</p> Signup and view all the answers

    Which program reflects India's commitment to developing its semiconductor ecosystem?

    <p>Semiconductor Ecosystem Development program</p> Signup and view all the answers

    How many toys does India produce annually?

    <p>400 million toys</p> Signup and view all the answers

    Which initiative celebrates its 10th anniversary and signifies India's manufacturing aspirations?

    <p>Make in India</p> Signup and view all the answers

    What major achievement is highlighted alongside the success of indigenous projects in India?

    <p>Record-breaking FDI inflows</p> Signup and view all the answers

    Which initiative aims to enhance India's industrial capabilities through infrastructure development?

    <p>PM GatiShakti</p> Signup and view all the answers

    What key aspect drives the promising future of India's manufacturing and industrial sectors?

    <p>Innovation and infrastructure</p> Signup and view all the answers

    What frequency of toy creation is highlighted in India's manufacturing capabilities?

    <p>One every second</p> Signup and view all the answers

    What is the financial outlay approved for the Semicon India programme?

    <p>INR 76,000 crore</p> Signup and view all the answers

    Which of the following is NOT one of the four key schemes under the Semicon India Programme?

    <p>Modified Scheme for Solar Energy Fabs in India</p> Signup and view all the answers

    What major project was sanctioned under the Semicon India programme?

    <p>Micron project for nearly Rs 22,000 crores</p> Signup and view all the answers

    What is one of the main goals of the National Logistics Policy?

    <p>To improve India's Logistics Performance Index ranking to among the top 25 countries by 2030</p> Signup and view all the answers

    What does the Design Linked Incentive (DLI) Scheme aim to promote?

    <p>Technological collaborations in design and development</p> Signup and view all the answers

    How many landmark projects have received approval under the semiconductor ecosystem development?

    <p>Five</p> Signup and view all the answers

    What is the main purpose of the National Logistics Policy (NLP)?

    <p>To enhance the soft infrastructure of India’s logistics sector</p> Signup and view all the answers

    Which technological areas does India's semiconductor ecosystem policy support?

    <p>Packaging and display technologies among others</p> Signup and view all the answers

    Study Notes

    Make in India Initiative

    • Launched September 25, 2014, by Prime Minister Narendra Modi
    • Aimed to transform India into a global manufacturing powerhouse
    • Goal: Increase India's manufacturing output, moving from an importer to an exporter
    • Focus on various sectors, including previously unanticipated areas
    • Recognized success in numerous sectors, including manufacturing, investments, and job creation
    • Initiatives credited for improving ease of doing business through digitalization and simplified procedures
    • India's rise as the world's second-largest mobile phone manufacturer attributed to the initiative
    • Zero-tolerance for corruption and targeted efforts to attract domestic and international investments
    • The initiative intended to boost India's manufacturing, encouraging innovation and infrastructure development
    • The initiative aimed to position India as a global hub for design and manufacturing
    • The initiative was conceived during a period of economic decline, and the country faced critical challenges in sustaining its development trajectory

    Key Pillars of Make in India

    • New Processes: "Ease of doing business" identified as crucial for fostering entrepreneurship
    • New Infrastructure: Focus on industrial corridors, smart cities, and high-speed communication
    • New Sectors: Broadening FDI opportunities across sectors, including Defence, Insurance, Medical Devices, Construction, and Railways
    • New Mindset: Transitioning from a regulatory approach to a facilitating role, fostering collaboration within industry

    Major Initiatives

    • Production-Linked Incentive (PLI) Schemes: Designed to attract substantial investments, incorporate advanced technology and promote global competitiveness
    • PM GatiShakti: Strategic initiative for multimodal and last-mile connectivity development, aimed at efficiency in logistics, addressing infrastructure gaps and promoting holistic planning and coordination among ministries and departments
    • Semiconductor Ecosystem Development: Designed to establish a sustainable semiconductor and display ecosystem; schemes encompass setting up fabrication plants (fabs), semiconductor assembly, testing, marking, and packaging facilities
    • National Logistics Policy (NLP): Introduced in 2022; aims at developing a capable and efficient logistics sector to achieve economic growth and competitiveness; focusing on reducing costs and boosting performance indices

    Key Achievements

    • Rapid COVID-19 vaccination program, becoming a major global supplier of life-saving vaccines (nearly 60%)
    • Vande Bharat Trains: First indigenous semi-high-speed trains, showcasing advanced rail technology
    • Significant growth in manufacturing and exports, with a notable surge in exports in 2023-24
    • Leading global smartphone manufacturer
    • High standards with regard to willow bats, footwear/leather goods, and textile, among others
    • 'Made in Bihar'
    • Amul expands global reach
    • Success of the 'Make in India' initiative highlighted through substantial investment inflows
    • Rise in India's global ranking in Ease of Doing Business (EoDB) from 142nd to 63rd

    Conclusion

    • The 'Make in India' initiative is credited with reshaping India's manufacturing landscape and global standing
    • The initiative aimed to boost India's position in the global marketplace, particularly as a significant player in export markets
    • The initiative is contributing significantly to job creation and economic growth

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    10 Years Of Make In India PDF

    Description

    Explore the transformative Make in India initiative launched by Prime Minister Narendra Modi in 2014. This quiz covers its objectives, impact on manufacturing, and contributions to India's economy, including investment growth and job creation. Test your knowledge on how this initiative aims to position India as a global manufacturing hub.

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