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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)
Vivek Choudhury
Vivek Choudhury 8 years 11 months ago
We did hear that prevention is better than cure, right. Same way suppose if any particular incentive is announced for any Industries in any sector. Now, there are many takers as win win situation for both the government and the promoter of the unit.But what if someone thought of doing his bit of setting up any Industries even before such incentive was setup,was he greedy of doing good for his development and as a result of the particular sector of Industries with various stakeholders.
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JAGDISH PATHAK
JAGDISH PATHAK 8 years 11 months ago
Hon. PM and team has great concept to quick development of Industries in our nation, I want to suggest that, Land, water, electricity, Infrastructure, transportation, finance & Banking facilities are required in all the Industries, further, easy taxation system is also important factor, Govt. should provide all above facilities to genuine , honest,knowledgeble and hardworking person. they should encourage to join the Industries for own as well as national Interest, best wishes
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Manish kumar bairwa_3
Manish kumar bairwa_3 8 years 11 months ago
Sir me ITI govt.college se passout hu or job maruti suzuki me lag ti ,but sir company temporary workman par workers ko rakha ti ,wo bhi only 7 month job,ese me sir ham log berojgar ke shikar ho jate ,please Aap request h ki es bare jarur bat kare ,no secure in life these company's
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Dr.siddhesh vora
Dr.siddhesh vora 8 years 11 months ago
To have good industry required land at low cost , to make it avoid jamin_sangrah . Idle land aqire by govt and sell at low cost so there will b devlopment.
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Ankit Sura
Ankit Sura 8 years 11 months ago
Considering society or world has transitioned from Industrial Age to Information Age - emphasis on Carbon Accounting stimulates growth in Knowledge work trajectory. Example: PetroChem Dholera SEZ products - Carbon Accounted at GIFT - with Carbon Rupee as allowed currency of exchange - needs to be translated into Fintech Rupee (backed by Trees in Village) - follwed by 3D Print emphasis - try Carbon into a Forever product then a Waste from Exhaust. Carbon product cheap bcoz Costs areExternalized
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Aayush Beriwala
Aayush Beriwala 8 years 11 months ago
Monoply of government companies should be ended to increase competition and productivity of the industry. Some government comlanies have monopoly over the natural resources and its market. This is a important reason behind increased prices and corruption in those companies. Monopoly of any form should be ended to increase the competition and thus reducing the prices of those products in the nation. Reduced prices of can also open gates for export of many new products.
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Jawahar Lal_8
Jawahar Lal_8 8 years 11 months ago
Skill development activities should be very fast and to be taken up like a powerful movement. Opening skill center here and there with little effort to skill is not going to serve much purpose. Score of school drop outs, many of them are working from morning till late evening, on small income. A thoughtful and penetrative effort is required.
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Aayush Beriwala
Aayush Beriwala 8 years 11 months ago
All government regulations and licenses should be standardised for the entire economy with special emphasis on digitization of regulations and licenses. Every digitization process should be linked to the Aadhar Card to make it more faster and more reliable. So it should be a matter of couple of hours to obtain a new license or approval from the government in most cases. Government departments should be made more efficient and effective.
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