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Introduction

 The Government is taking several sectors specific measures to promote


inclusive employment intensive industries and to build resilient infrastructure
which are vital factor for economic growth and development.
 Structural reforms:- goods & serviced tax, insolvency and bankruptey code
 Measures to facilitate ease of doing business
 Sector –
 +0Specific reforms in Steel, Apparel, Leather and Power sector; to address
specific challenges.
 Various reforms by GOI last 3 years – recognised by international rating
agencies such as moody’s investment service.
 Up gradation in ranking of Ease of doing business of the world bank report
2018.
Industry
 Since 2014 Several industry specific reform initiatives has been taken
 Improved in overall business environment in the country.
 Comprehensively covered the central and state govt.
 India leaped 30 rank over previous rank of 130.
(World Bank’s latest doing business report 2018)
 Raised India's rating from the lowest investment grade of Baa3 to
Baa2
Possible reason for change
 Implementation of GST
 Insolvency and Bankruptcy Code
 Introduction of inflation targeting regime
 Announcement of Bank Recapitalization
Index of Industrial Production (IIP)
 Another measure of industrial performance
 Released by CSO : Central Statistics office
 CSO revised the base year of IIP in may 2017; From 2004 -05 to 2011-
12
IIP Growth rate
Classification 2017-18
Sectoral
Mining 3.0
Manufacturing 3.1
Electricity 5.2
Use – based
Primary goods 34
Capital goods 2.
Intermediate goods 0.9
Infrastructure/construction 3.8
Consumer Durable -1.4
Non-Consumer durable 9.4
Positive contribution in growth
 Coke and Refined petroleum products
 Pharmaceutical, Medicinal chemical and Botanic products
 Basic Metal
 Computer and electronics and optical products
 Motor vehicles
Negative Contribution in Growth by
 Tobacco product
 Wearing apparel
 Rubber and Plastic Products
 Other Non metallic mineral products
 Electrical appliances
Eight Core Industries
 The Index of Eight Core Industries erasures the Performance of 8 core
industries and they are:-
1. Coal
2. Crude oil
3. Natural oil
4. Petroleum refinery Product
5. Fertilizer
6. Steel
7. Cement
8. Electricity
Year Index
160
140
120
100
80
60 2015-16
40 2016-17
20 2017-18
0
Growth Rate
12

10

4 2015-16
2016-17
2 2017-18
0

-2

-4

-6
 In 2015-16 there was 3% growth in 8 Core Industries
 Positive Growth : Coal, Refinery Products, Fertilizers, Steel, Electricity
 Negative Growth : Crude Oil, Natural Gas, Cements
Make in India
 Launched on 25th September 2014
 To make India a global hub for manufacturing, research and innovation
and integral part of the global supply chain.
 The ten ‘Champion Sectors’ have potential to become global champion,
drive double digit growth in manufacturing and generate significant
employment opportunities
 They have been identified by the government for renewed focus under
the Make in India, version 2.0.
Intellectual Property Rights (IPR) Policy
 Introduced on may 2016
 To lay future roadmap for intellectual property
 To improve Indian Intellectual Property Ecosystem
 To create an innovation movement in the country and aspire towards
“Creative India; Innovative India”
 Creation of CIPAM. Cell for intellectual property rights promotion and
management
 Substantial improvement in IPR and patent handling matter.
Start up India
 “Start up India, Stand up India” initiative by PM launched on 15th August
2015.
 To promote innovation and entrepreneurship among enterprising youth
of our country
 Aim to create an ecosystem that is conducive to growth of start-ups
Infrastructure Sector
 Enhanced investment on infrastructure; to ensure high and sustainable
growth.
 Investment mostly on transportation, energy, communication, housing
and sanitation and urban infrastructure
 As per Economic survey 2016- 2017 , India is far ahead of many
emerging economies in terms of providing qualitative transportation
related infrastructure.
 India requires around US$ 4.5 Trillion worth of investment, till 2040 to
develop infrastructure to improve economic growth and community
wellbeing.
Policy Intervention in the Road Sector
 Facilitates the movement of goods and passengers
 Promote equitable socio-economic development across regions of the
country
 India has one of the largest road network of over 56.17 lakh km
comprising National highway, express ways, state highway, Major district
road, other district roads and village road
 In case of inland freight transport, road share is more than railway and
other modes of transportation in indai as compares to Russia, china and
USA
Railways
 The measure undertaken by government of India are focusing on
prioritizing investment in important areas.
 Viz . Dedicated freight corridors, high speed rail, high capacity stock,
last mile linkage, port connectivity and attracting private and foreign
direct investment.
 Revenue Earning Freight traffic carried by Indian Railway :-
2016-17 (up to sep 2106) : 531.23 Million tones
2017-18 (up to sep 2017) : 558.10 Million tones
 An increase of 5.06%