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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)
projesh kumar roy
projesh kumar roy 8 years 9 months ago
India can implement tax based on social contributions of the companies, rather than just based on profit. For example, a tax benefit could be given if a company hires more people than it fires. Also, tax benefit could be handed out for caring about the environment of the neighborhood; like regularly cleaning nearby dustbins or contributing to traffic control. Of course, these policies are difficult to implement for unorganized sector, where primary focus should be about organizing them.
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Vipul Mehta
Vipul Mehta 8 years 9 months ago
my suggestion is there should be one window for the new start up business people. for EXample -if somebody wants to open food manufacturing they should get all licenses from one window only.it can be very great start up for new business people.Right Now there is lots of hurdles for this. the window should be monitored by CCTV so there should be no corruption and there should be a certain time frame to issue the licenses ,so people can proceed fast towards there business.and goals.
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Joe Rathinam
Joe Rathinam 8 years 9 months ago
Category of a manufacturing company is decided by investment in plant and machinery. If a company has more than one manufacturing unit in difference locations, districts, states then each unit is categorized based on the investment in plant and machinery of a particular location. Hence one manufacturing company having more than one unit they are categorized as Micro, Small, Medium and Industrial Category. Hence it is confusing if that company belongs to in which category among these four.
mygov_150487125854463.pdf
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Dr SANJEEV VASANTRAO DESHPANDE
Dr SANJEEV VASANTRAO DESHPANDE 8 years 9 months ago
Govt.should stop new industries in Metro cities as they are overloaded.The infrastructure is becoming inadequate to accommodate further growth.The potential Towns,villages should be focused & targeted for new developments.Crowd pulling to the metros will be controlled.The youth can handle farming & Industrial jobs smoothly if it happens nearby to their respective places.If towns,villages become self supported, self sufficient then balance maintained.cottage industry be largely supported.
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