Make in India Current Affairs - 2020

Category Wise PDF Compilations available at This Link

Gujarat government announces new industrial policy for 2015

Gujarat government has announced its new industrial policy for 2015. It was announced by Gujarat Chief Minister Anandiben Patel ahead of the Vibrant Gujarat Summit which begins from January 11, 2015.

This industrial policy aims to make state a global manufacturing hub by playing a pivotal role in realising Prime Minister Narendra Modi’s ‘Make in India’ dream.

Key facts of Gujarat Government’s industrial policy for 2015

  • This policy will focus on key areas like infrastructure development, simplification of labour laws and motivation of new innovations through technology transfer.
  • It seeks to cater and provide opportunities to around 60 per cent of Gujarat’s population which is between the age group of 15 years and 59 years.
  • It aims to create a business friendly environment and motivate ‘start-ups’ through this new policy. It will prepare these people to start their own businesses instead of merely looking for job opportunities.
  • Besides, it will also give special focus on incentives for youth, women, scheduled castes, scheduled tribes and handicapped entrepreneurs.
  • It will also provide assistance to micro, small and medium enterprises (MSME) sector for upgrading technology.
  • It focuses to reduce pollution by promoting use of clean and green energy as well as setting up zero-effluent discharge plants.
  • This policy seeks to boost value addition in these existing resources, which will create new jobs and reduce imports as industries like auto components, engineering, drugs, cement and chemicals already have flourished in state.
  • Special incentives will be given to set up new businesses in sectors like garments, apparel, agro and food processing.

Get these updates on Current Affairs Today Android App

MoD promotes “Make in India” vision of PM: Axes Copter deal

Minister of Defence Mr.arun Jaitley, made a significant stride to take the PM’s vision of “Make in India” forward by scrapping the global tender for Rs.6000 crores Light Utility Helicopters. The scheme which had been in the pipeline for a considerable length of time now, was actually mired in corruption charges and other technical controversies. The decision of Defence ministry will boost the indigenous defence manufacturing and the typical “buy and make Indian” categorization of light utility helicopters will have the potential of generating Rs. 40,000 crores business for Indian industry.
The new phase as started by the Mr. Jaitey and DAC-defence acquisition council has given the green signal for the production of all the 384 helicopters on Indian soils by Indian firms in various kinds of collaborations with the foreign firms. These newly produced copters will be replacing the aging Cheetah and Chetak fleets of Army and IAF.
Looking at another aspect, the big push for Indian defence manufacturers also brings with it a major jolt to the expectations of our forces which are deployed in difficult terrain. The new policy has further delayed the already sluggish progress of modernizing the much needed fleets. The 197-helicopters which involved Russian Kamov-226T and Eurocopter AS 550 C3, has now seen the third major blow over a span of 10 years.
DAC has gone ahead to give a go-ahead to defence purchases of Rs. 20,000 crores which spans the upgrade of its aging submarines, Arjun Mk II tanks,16 multi-role helicopters for Navy, Traffic Collision Avoidance System for Naval defence, 22 Apache attack helicopters and 15 Chinook heavy-lift helicopters.
The revamp of the defence forces is a dire need of the troubled times where the world is witnessing rise of extremism out of proportions and uncertain political conditions in the immediate neighborhood.

Get these updates on Current Affairs Today Android App