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Suggestions Invited for Formulation of a New Industrial Policy

Start Date :
Aug 31, 2017
Last Date :
Sep 26, 2017
00:00 AM IST (GMT +5.30 Hrs)
Submission Closed

The Department of Industrial Policy and Promotion, Ministry of Commerce and Industry initiated the process of formulation of a new Industrial Policy in May 2017. Since the last ...

The Department of Industrial Policy and Promotion, Ministry of Commerce and Industry initiated the process of formulation of a new Industrial Policy in May 2017. Since the last Industrial Policy announced in 1991, India has transformed into one of the fastest growing economies in the world. With strong macro-economic fundamentals and several path breaking reforms in the last three years, India is equipped to deploy a different set of ideas and strategies to build a globally competitive Indian industry. The new Industrial Policy will subsume the National Manufacturing Policy.

A consultative approach has been taken for industrial policy formulation wherein six thematic focus groups and an online survey on DIPP website have been used to obtain inputs. Focus groups, with members from government departments, industry associations, academia, and think tanks have been setup to delve deep into challenges faced by the industry in specific areas. The six thematic areas include Manufacturing and MSME; Technology and Innovation; Ease of Doing Business; Infrastructure, Investment, Trade and Fiscal policy; and Skills and employability for the future. A Task Force on Artificial Intelligence for India’s Economic Transformation has also been constituted which will provide inputs for the policy.

It is proposed that the new Industrial Policy will aim at making India a manufacturing hub by promoting ‘Make in India’. It will also suitably incorporate the use of modern smart technologies such as IOT, artificial intelligence and robotics for advanced manufacturing.

Hon’ble Minister of State(i/c) for Commerce & Industry Smt Nirmala Sitharaman will hold consultations with stakeholders, including industry captains, think tanks and State governments in Chennai, Guwahati and Mumbai. The Industrial Policy is likely to be announced in October 2017.

DIPP invites comments, feedback, suggestions from the public regarding framing of the new Policy.

The last date of submission of suggestions is 25th September, 2017.

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Showing 560 Submission(s)
SHIRI RAM GUPTA
SHIRI RAM GUPTA 8 years 11 months ago
I HUMBLY SUGGEST THAT DIPP CAREFULLY STUDY THE LIST OF ITEMS BEING IMPORTED. IN REAL LIFE ONE SEES THAT FROM COMMON HOUSEHOLD ITEMS , RAW MATERIALS,TO HIGH QUALITY PRINTING AND CONSTRUCTION MACHINES, ARMAMENT EVERYTHING IS BEING IMPORTED. IN 60s & 70s MACHINES MADE AT HMT WERE WORLD CLASS . WHY ICONIC HMT HAS DEGENRATED? IN SPITE OF RATE CUTS BY RBI CAPEX HAS NOT PICKED UP. MAY BE GOI CAN MAKE A BEGINNING BY MAKING CAPEX IN OUR ORDANANCE FACTORIES TO PRODUCE ARMS
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Chandrashekara Hebbar Kollya
Chandrashekara Hebbar Kollya 8 years 11 months ago
The new industrial policy must reform the following 1. The policy must have provisions to revive the sick or already closed industry 2. To promote Make in India to ensure generate employment to 10 crores population every year. 3. Make feasibility study to promote traditional age old rural industry, which can give employment to at their place of residence easily. 4. Provide industrial status to agriculture and increase production by many folds 5. Set limit for opening particular industry
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Sooraj T
Sooraj T 8 years 11 months ago
Respected Minister,India has to strengthen patent laws.Students should be trained on patent laws.At lease one year entrepreneurship must be part of all the engineering courses.
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Uttej
Uttej 8 years 11 months ago
1. Financial education towards economic stability for the entire nation and helping them realise the value of investing the money in various income generating sources for their well being as well as improving our GDP. It will boost the earning and spending capacity of middle class and help them overcome their financial struggles and uplifting them as it will be useful for the entire country. 2. Infrastructure support for R&D startups and help them do their research with funds #DIPP, #MyGov
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Sooraj T
Sooraj T 8 years 11 months ago
Respected Minister,Need more public private partnerships which can accommodate small entrepreneurs also.Need bio fuel vehicles.That will create opportunities for farmers.
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Uttej
Uttej 8 years 11 months ago
My extended suggestions are : Technology and innovation: We need to help people establishing skill centres and R&Ds throughout the india and funding should be provided by the government. Anyone who is interested in manufacturing, he shall be allowed to do the business with the help of government set up incubators or via mentorship. 2. Easy of doing business: Capital grant, loans, infrastructure funding should be available and also provided with a consultant for help. #DIPP, #MyGov
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Sooraj T
Sooraj T 8 years 11 months ago
Respected Minister,India has to change education system also.Need more incubation centers & industrial parks where people will get proper advice.India has to do more in ease of starting business.At least with in one week a person must be able to start a company.A nation wide single window system should be formed for everything required to start a company.Platforms can be built not only for licensing,but for other requirements like getting rental spaces etc..
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Prayas Mohanty
Prayas Mohanty 8 years 11 months ago
Although the government is taking enough measures to make the registration process of new business houses easier but there are various factors which act as bottle neck for ease of doing business. The following points are some of the bottle necks that are required to be taken into consideration for promoting a pro business environment. 1. The most important factor that ruins small business or new business is the services they provide in credit to big business houses.
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Uttej
Uttej 8 years 11 months ago
1. Help people to get funding, capitals and loans as easy as possible. 2. Government needs to support everyone to start an manufacturing company and let them reach that goal by providing information on everything related to starting up, mentoring and R&D facility as easy as possible. 3. Making loans for establishing industries should be made easy by removing hurdles in documentation. 4. Open participation of startups in government tenders for better chances. #DIPP, #MyGov
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