Role of Financial Inclusion in India
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The make in India initiative started by government of India helps to facilitate investment, foster innovation, enhance skill development, protect intellectual property, build manufacturing infrastructure. For contribution of at least 25% of GDP by 2022 in manufacturing sector growth should be 12-14% Per annum higher than the GDP rate.
Make in India has come with lots of benefits and advantages for the Indian economy. Due to this fact, companies from across the globe have invested in the Indian campaign, and have thrived successfully. Make in India a hub for the manufacturing companies, overshadowing countries like the USA, in the collecting FDI upto $63 billion during the previous year.
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