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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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piyush gupta
piyush gupta 8 years 9 months ago
The vacant seats in departments can be filled by recruitment of youngsters.I suggested this because the person crossed his 50 Yrs of age have more experience and knowledge in comparison with a young person and we can get the benefit of this by developing our new generations.
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piyush gupta
piyush gupta 8 years 9 months ago
The problem of unskilled labor in every sector is because of the standard of education which our teachers are delivering in schools or colleges.To improve the standard of education we need more skilled teachers and for this, I do have a suggestion. The retirement age for the government employee should be 50 years in different govt departments except for education.All the retired employees(50 across) have to give their services in the schools till 60 Yrs of age (depend on an individual).
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NANDAN SHERLEKAR
NANDAN SHERLEKAR 8 years 9 months ago
We have a large population and a difficult situation.If we modernise with smart technology & robotics for Quality and quantity employment is reduced.To be competitive world wide mechanisation is a must.we have China with almost all items at unaffordable prices to compete Hitech areas needs lot of funding and govt support which has to be focused atleast 10 to 15 yrs in advance.Acadamics and industry coordination is lacking due to various reasons.We need large Msme's with lots of R&D to be capable
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Anuj Chauhan_8
Anuj Chauhan_8 8 years 9 months ago
My suggestions are as following: 1.Manufacturer should float tender and states should respond so the best policies win. 2.Technology transfer is an important aspect else we'll loose in long term"Patented Technology". 3.MSME to support as bridge by e-tendering large manufacturer Vs small or medium industry 4.Benchmarking for manpower utilisation and efficiency must 5.Quality&Legal compliances 6.No contractual labour could be deployed 7. New local vendor even on % basis among global vendor
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Jayesh Kulkarni
Jayesh Kulkarni 8 years 9 months ago
Dear Sir Loan/Banking Finance to Reduce Rate of Interest focus DEVELOPMENT,GOVERNMENT BANKING ONLINE with DIGITAL CORE BANKING SYSTEM(Stop CASH in TOLL BOOTH TAX, PARKING,RTO) 2)Service tax/Income Tax/TDS to Minimum Tax Slab 3)DIGITAL INDIA,All government Application/system must be DIGITAL & PAPER LESS INDIA-Save Trees&Environment 4)REAL ESTATE/Petroleum Product/Electricity/Education/State Taxes/RTO- Bring in GST 5)AGRICULTURE PRODUCTION,SALE,PURCHASE/SUGAR Mill by CHQ/DIGITAL BANKING ONLY
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Sushil Kumar Goel
Sushil Kumar Goel 8 years 9 months ago
In continuation of my recent post. Some people says that china has more export benefits then India. When i study this is wrong conception. Even we are getting more benefits. We want to get benefit but don't want to pass on to customer. In china you got benefit after export and in ours case we got before export. In many case benefit is taken but no export. We have to change this policy. Similarly in Germany if generate energy by solar government buy from you at a higher price.
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Sushil Kumar Goel
Sushil Kumar Goel 8 years 9 months ago
For industrial policy we must think about global market. China has captured maximum share of world market. We must think how china is working? How the china costs are lower then us?. That can't be. All the raw material international market are the same for all. My experience is china is producing in a very bulk quantities. So that the processing cost is very low for them. In some fields where we are producing in bulk we are also be competitive in world market. We also do heigh production.
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Renu Singh
Renu Singh 8 years 9 months ago
1) No more duty free chocolates & Cosmetics from other country. People travel for leisure & spent lot of money outside. They can afford this duty also. 2) Waste management companies & waste recycling companies should be given tax benefit for making India more cleaner. Privatization & 100% FDI in metros is must to maintain city clean. 3) In residential sector small Govt hospital, abmulance, Govt Nursery & common rain water harvesting to be made compulsory. Will create jobs &development.
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Renu Singh
Renu Singh 8 years 9 months ago
1) As inflation is low now, FCI storage facility should be expanded & renovated. Will create jobs & Infrastructure. Also vl reduce crops/fruit & vegetables wastage & further control inflation. 2) Unused land purchased by Industries should be given to farmers/EWS for food prodn till it is to be developed by Industries. Vl Create jobs & help country in growth. 3) Imported Cosmetics & Non Engg products Import duty should be raised drastically. Will help in localisation & local industry growth.
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