MAKE IN INDIA
1. Make in India helps in more productivity in low
cost (like China) and sell it to World.
2. 128 crore peoples’ huge need attract many
Foreign company to serve in India and production in India reduces its (Excise
duty) cost which will rise employment and Tax revenue.
3. Greater revenue reduce our foreign borrowing
where we can reduce our Interest payments.
4. Less subsidy will help Govt. to use its extra
funds for fast poverty eradication
and rapid growth.
5. Pure competition reduce the monopoly and give
better services like in telecom sector. Some Public company give better
services due to heavy competition from Private sector where people get better
services by greater choice.
6. We have most valuable resources which is human
resource. If we use it properly then we produce lot and if we sell it to other country
our valuation of Rupees will rise.
7. We need joint research which will enhances
efficiency in scientific research and development.
8. If employment rise then the use of subsidy will
reduces, which Govt. can use in literacy rise, reduce child labor problem,
helps BPL families and in health care.
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