BUSINESS ADMINISTRATION
INTERNATIONAL MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Detailed explanation-1: -One of the benefits of the ‘Make in India’ campaign is that it will create jobs in the country, as the demand for employees will rise if manufacturing firms increase. A decrease in the unemployment rate will affect the government as lesser unemployment benefits will be given out than earlier.
Detailed explanation-2: -Make in India – Objectives They are: Raise in manufacturing sector growth to 12-14% per year. Create 100 million additional jobs in the manufacturing sector by 2022. Increase in the manufacturing sector’s share in the GDP to 25% by 2022.
Detailed explanation-3: -But it is Narendra Modi, who within a matter of months, launched the ‘Make in India’ campaign to facilitate investment, foster innovation, enhance skill development, protect intellectual property & build best in class manufacturing infrastructure.
Detailed explanation-4: -Make in India initiative led to radiant growth in the IT and manufacturing sectors. This has encouraged various global/foreign investors to make investments in India and boost their business by building the products in the country.