Reform Push to the Indian Industry
Industrial Growth and Reforms
- Industrial growth accelerated to 7.1% per annum (FY15-FY19), expected to record 8% growth in FY24.
- Multi-pronged reforms, including 'Make in India' and PLI scheme across 14 sectors, played a pivotal role.
Key Initiatives
PLI Scheme Success
- Rs.1.07 lakh crore investment, Rs.8.7 lakh crore production/sales, and over 7 lakh employment generated under PLI scheme.
- Notable achievements in mobile manufacturing, telecom, pharma, drones, and food processing.
Startup and Regulatory Reforms
- 1.14 lakh startups created over 12 lakh jobs; Open Network for Digital Commerce recorded 6.3 million transactions.
- Decriminalization of 3,600 compliances improved ease of doing business.
MSME Support
- Timely ....
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What Made The Indian Economy Resilient?
- 1 Domestic Economy
- 2 Government Initiatives
- 3 Digital Infrastructure and Delivery of Citizen-Centric Services
- 4 Evolving Financial Markets to Support the Investment Needs of a Growing Economy
- 5 Safeguarding Macroeconomic Stability
- 6 Human Resources - Dovetailing Growth with Welfare
- 7 A New Approach to Welfare
- 8 How has the New Approach to Welfare Paid Off
- 9 Women-led development: Tapping the Gender Dividend for India@100
- 10 Employment Situation in the Past Decade
