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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)
vijendra
vijendra 8 years 9 months ago
Out of 6 area identified I have suggestion on Technology&innovation: I believe if govt is expanding its operations in tech areas and give locals to make for them it will be big boon.there are so many things which needs to be improved and done. On skills&employment: I see lots of apprentice programs. We need enough product development need in our country that will create jobs which in turn yield skilled employable folks.like how student prepare for iit/iim for good job/life imbalance causes loss
Guraza Vijay Narayan
Guraza Vijay Narayan 8 years 9 months ago
pg-2 Post demonitisation and GST Implementation, now the existing businesses cannot earn profits with less efficient processes. 'Construction Industries' are not seeing ways to continue with full transparency. My Suggestion - Government should come with certain 'Policy Supports' bringing focus and ways on running existing businesses with more 'Efficient Processes' rather than evading taxes.
Guraza Vijay Narayan
Guraza Vijay Narayan 8 years 9 months ago
At present most of the business houses or Individual Entrepreneurs are accustomed to certain % of unfair business practices evading genuine taxes to Government of India. Also they have settled with less efficient business processes as their individual needs were getting served with black money and its rotation. Post demonitisation and GST Implimentation, all such industries and entrepreneurs are in a shock on 'which way to run their businesses'. -contd on pg-2
ShriAnupMukherji ShriAnupMukherji
ShriAnupMukherji ShriAnupMukherji 8 years 9 months ago
I think the industrial Policy of the country like India should pay emphasis to produce more manufacturing goods by indigenous sector and side by side development of primary sector to fulfill the needs of the country and fully supported by the fiscal policy of the country. So that India remain an important player in global economy.
Nand Kishore Sharma
Nand Kishore Sharma 8 years 9 months ago
उद्योग महोत्सव आयोजित कर युवाओं को हाथों हाथ मुद्रा ऋण, विभिन्न अनुमतियां एवं नॉकरी के लालच को छोड़कर उद्योग की तरफ आकर्षित करना आदि
Hareendran Kv
Hareendran Kv 8 years 9 months ago
1. All new industrial houses should find their own source of energy power either from Solar or wind power upto 50% of their requirement if the investment is more than Rs.2.0 crore, for which the government will formulate special concessional tariff (not just Re.1/- per unit of production from solar, as of now) for the other 50% of the energy consumed from Electricity boards. This will ensure adequate power generation in the country. 2.