Make In India

Make In India is a propoganda initiated by the Modi government with a purpose to invite various commnercial sectors from all around the world to manufacture and engineer their goods in India, and sell them wherever they want in the world.

Make in India has a lot of benefits associated with it and because of this reason, many international companies are investing in this scheme and they have been thrived successfully. India is now a new manufacturing hub overshadowing countries like USA.

But like every other idea, ' Make in India ' too has some supporters as well as critics. So, to have a final thought as to how good or bad the scheme is, we have to look at both the credit as well debit side of ' Make in India ' account, that is we need to look for merits and demerits which it brings with itself.

MERITS:

DEVELOPS VARIOUS JOB OPPORTUNITIES

Prime benefit of Make in India is to provide as maximum as possible jobs to the millenials of the country. Sectors such as telecommunication, pharmaceuticals etc have encouraged youth to put their innovative ideas forward also building their experience.

IMPROVING THE AREA

As companies come and make in India, they need a location to set up an industries and factories. For setting up, the neighbourhood area would be developed and benefitted,

EXPAND GDP

Due to increase in manufacturing in India, setting up of factories and units will foster economic growth. It will also improve the trade sector of India. Various sectors like telecommunication, tourism etc will help in increase in strengthing the Indian economy which is already seventh largest in the world.

DEMERITS

IGNORANCE TO AGRICULTURE

The main disadvantage of Make in India is that it will ignore agriculture because agriculture is the majot occupation in India and with the coming of industries, it will be neglected.

DEPLETION OF NATURAL RESOURCES

As Make in India is a scheme encouraging manufacture in India, it is obvious that the industries will be using resources from India only. This will lead to depletion of resources making problems especially to future generations. Also, it may lead to lack of basic resources to a section of population.

MORE INTEREST IN INTERNATIONAL BRANDS

Make in India will increase brand value for Indian merchandise but will also increase the popularity of foreign brands as more and more international brands are encouraged to set business in India. This will be a loss to Indian companies.