International Journal of Applied Research
Vol. 2, Issue 1, Part K (2016)
Ease of doing business in India: A big ‘Unease’ for ‘Make in India’ programme
India is ranked 1st among the countries with promising prospects for business operations as per the JBIC Survey of Japan’s manufacturers (“Make in India: Opportunities and Challenges,” 2015, p. 3). The reason behind is the current size of its market and future growth potentials and also the low-cost labour availability. ‘Make in India’ campaign introduced in Sept. 2014 by Prime Minister Mr. Narendra Modi to uplift the performance of the manufacturing sector and to spur the job creation has also boosted the confidence of the domestic and the foreign investors. Several steps have been initiated by the government to attract the investment in India and to make it a manufacturing hub like easing the regulations, building the best infrastructure, reforming the labour laws and much more but, still India lags behind its competitors in ease of doing business with its 130th rank, out of 189 countries of the world as per World Bank’s Doing Business Report 2016. It is necessary to provide business-friendly environment to the investors. The present paper tries to identify the key issues that dampens the sentiments of the investors that need to be addressed to rebuild their confidence in India as a preferred destination for business and to make ‘Make in India’ programme a success.
How to cite this article:
Harpreet Kaur. Ease of doing business in India: A big ‘Unease’ for ‘Make in India’ programme. International Journal of Applied Research. 2016; 2(1): 697-702.