Is Make in India a Failure? | UPSC Economy GS 3 Mains
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In this video, unravel the complexities surrounding the Make in India initiative, delving into its successes, challenges, and the larger implications for India's economic landscape. Analyze the multifaceted dimensions of the program and gain valuable insights to enhance your understanding for UPSC Mains. Join us for a comprehensive exploration of Make in India's impact, providing a nuanced perspective crucial for your UPSC exam preparation.
The changing trends in UPSC CSE mains has clearly brought out the relevance of interlinking multiple topics of GS subjects. These case studies are specifically designed to build your analytical skills and give a bird's eye view of the topic. Do follow this entire playlist for the repository of these videos. In 2023 UPSC Mains examination multiple questions were easily answered by merely watching these videos.
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You should also consider international geopolitics. America is not in favour of indias rise. This is a legacy issue. World looks at us with religious eyes. We are Hindus and no one in the world want we Hindus to rise. S jaishankar is in uk 🇬🇧 right now and journalist there had problems with the rise of majoritism in India. We Indians should learn to stand with our government and people.
1. High Transportation cost (16% of cost) (LOW INFRAS) ...Is India not trying to improrve its Infra? ... Road Transport ... Railways (DFCs) ... Ports ... are not improving??
2. Low rank of Ease of Doing Business (Reforms, tax labour, IBC) ... Ease of Doing Business rank reflects it ... THESE PENDING TASKS REFLECT IN YOUR CRITICISM
3. Monetary Reforms ... Demonetization ... GST ... DIGITALIZATION (UPI) ... 42 cr bank accounts (FINANCIAL INCLUSION) ... TODAY GST IS HEADING TOWARDS 2L cr
4. BUT... YOU CAN SEE 360 DEG REFORMS ... WORLD WILL WITNESS ITS 90% COMPLETION BY 2025
5. Then you will witness ... V-SHAPE GROWTH IN INDIAN ECONOMY !!!
We should not lose hope learn from our mistakes and move forward
👍👍
USA capitalism vs USSR socialism which economic system is best 🙂
@@Swapnil4055usa capitalism is the best
* Governments are not enforcing District Industries Centers .
* There are no Research and Development institutions .
* Conventional and unconventional Industries are not encouraged by Governments .
* State Governments are not taking interest on INDUSTRIES
USA capitalism vs USSR socialism which economic system is best 🙂
Both
Capitalism@@Swapnil4055 socialism never works, India was socialist till 1980s did not work out that well.
Nothing works properly when you have 1.4 billion mouths and growing to feed.
Socialism with local features is inevitable. Capitalism can not serve complete society, it has its superficial shine but under that surface it keeps on increasing the impoverished
Main thing in manufacturing as "Make in India" is actually assembled in India,not manufacturing.
Something is better than nothing.
At least we have started the process.
You can't simply start the manufacturing at large scale.
Business always grow on the reverse piramid structure
For example
Adani first started the construction company. Then he started selling cement on a large scale, Then he bought the cement companies,
Now he is the largest cement manufacturers in India
Development comes in phases
Bro china ne bhi assembly se hi shuru kiya tha bhai
🙏Appreciate everyone's reply,thank you.
Development doesn't come in a Single Day
Indian govt should promote small manufacturing plants by providing easy loans and support. Such as good shoes, garment, LEDs, and thousands of small products that we import it will provide employment to locals and also save the pocket money of people resulting in saving that ultimately boost banking system.
One of the major problem for companies in India is the burden of tough compliance like GST , Income Tax , transfer pricing, TDS etc. We have a very complicated tax structure. All the burdens are shifted to the companies like in case of Europe they have only one tax number for GST , income tax and a very easy tax return forms but in India we have so many tax no. and extensive tax returns and deadly assessments
yep gst was done to make it easier but as of now it has not been able to do the same
its not. the problem is our own companies competing with foreign brands. thats good in long run
@@uditchavda6009 I Think He's Right Bro , GST Was brought with the sole motive to simplify the tax structure of India but now it has become a mess in itself and this has bamboozled the startups and msme's in india . My Father Being A CA Tells That GST is getting stricter day by day , They Raid The Shops Like Income Tax Officers . 2x Tax is imposed for Literally mere of the reasons because of which many flourishing companies had to wrap up and addition to this The mudra loan scheme has also been a sort of failure due to the non compliance of the psu banks .
Before gst there were 4: taxes vat cst service and excise after gst it's more simple
Those taxes were easy to calculate. Gst is garbage system designed by pencil pushers to massage their ego that they are also smart; they're not.
When u aim for 120% then only u get a higher and a realistic score , u need to set the bar high and then u will achieve the target
There should be better work infrastructure to be made in Industries, strict rules and also the quality of life should be made better for everyone in India. The corruption in the first place should be stopped.
We have 1.4 billion people in India itself....why can't we turn India into a business hub first??.
Actually brother we are corrupted people who chose a corrupt leader just for free rewedi that might be good for the short term but not for the long run. Let's try to become more honest and patient 😉
USA capitalism vs USSR socialism which economic system is best 🙂
@@sarveshkaushik3486 UPA government is biggest corrupt leadership in indian history 🙂
Hii bro actually to stop corruption is actually an impractical dream cuz the man power we are having right now is having the roots submerged in a corrupted base, so corruption will be there, we need to update the man power cuz young generations are easy to motivate and capable of taking risk.
Remove bureaucracy. In India corrupt Bureaucrats and politicians are responsible for undeveloped country 😢😢
9 years is too less to see concrete changes which remain neglected for the past 60-70 years. Let's not loose hope, it's just the beginning. Mind it China Started building it's manufacturing bases during 70's, they got the advantage of an Early start. Now, With the huge transformation happening across India on various Infrastructure and Logistic front, Bharat will definitely witness the Changes in another 10-15 years.....Not to worry, We are moving in the Right Direction with a stable and a able right minded Government at the Center....Jai Hind.
Bro positivity 😢 acha laga apne dikhayi per hum log jo hai vo future ka nhi small result ka sochte pehle bhi ese hi socha tha ki industry lagane se kya hoga china ne lagayi Aaj vo agey nikal gaya
Indian Tax System is the main speed braker in Make in India initiative. 🙄
There is good incentives in manufacturing sector
Andhnamazi - make in India is fail
Reality - 🇮🇳
Then celebrate it mulho
The changing trends in UPSC CSE mains has clearly brought out the relevance of interlinking multiple topics of GS subjects. These case studies are specifically designed to build your analytical skills and give a bird's eye view of the topic. Do follow this entire playlist for the repository of these videos. In 2023 UPSC Mains examination multiple questions were easily answered by merely watching these videos.
czcams.com/play/PLpuxPG4TUOR4ZFlXVEMUNP_r8gOhyBL0I.html
Unless there is a ban on cheap and inferior goods from China, the pace of make in India will remain slow, but still it will definitely show its impact in the future.
It is not inferior at all. If it was, ppl would not choose Chinese. Ppl only make value for money choices.
@@LEGENDROHAN1 there is a saying it Chinese product "चले तोह चाँद तक वर्ण शाम तक"😂
Dec tax rates and then see result i am aopenly telling I run a chemical company and did a tax evasion of almost 9cr in year 2019 to 2020,
So yeah if they just dec tax they would get more tax then now even said by great businessman s and strat up people like asher grover
Ban and use jio book as laptop?
@@shatzco Loool the Motherboard (Electronic PCB Board), Semiconductor Chip like Processor and even its Battery Charger are all Imported from Videshi MNCs
Jio is only Doing Bussiness for their Own Profit, it has nothing to do with India as a Whole.
One correction : India is second in manufacturing mobiles,in fact it is not manufacturing, it is assembling…
There is a flaw in the analysis. India has made significant strides in sectors such as pharmaceuticals, defense, automobiles, space, and infrastructure. While there is always room for improvement, the Make in India initiative has been largely successful and has instilled confidence in many startups and investors
Indian economy is fastest growing large global economy and is attracting record FDI whereas Chinese FDI inflows have gone into negative... That shows we are on the right track but we are large country things will take time to change.
real data fdi ki rbi ki website dekho
USA capitalism vs USSR socialism which economic system is best 🙂
@@Swapnil4055 Indian economy adopted best of both worlds
@@kaustubhraizada lekin abhi or acha karne ki jarurat hai 🙂 reform lane ki jarurat hai 🙂
Tum log this shows that shows karte rho bas China no 1 tha No 1 hai aur No 1 rahega ye already clear hota rha hai ek bar nhi kayi bar hua hai.😂
Indian economy mein reform ki jarurat hai 😅 LPG reform 2.O ki jarurat hai ❤😊
uttar pradesh , rajasthan , madhya pradesh need industrial hub i would have included bihar but its a failed state
1. Take stringent action against hypocrite people who are hindering industrialization only to serve their self-interest. 2. In the Govt. sector and PSUs, promote fast and only those employees who are efficient, honest and support manufacturing and industrialization. 3. Advertise made in India products so that common people but more and more home made products.
You can't transform the gigantic countries like india in just a decade.. even China took 2-3 decades... We must have to learn from mistakes and implement it with positive approach..
Center also require co operation from states which was completely missing
Huge win for 'Make in India' As Google announces big move into India. 'Just about nine years back Electronics manufacturing was negligible in the country. Mobile manufacturing was practically not there. almost 98 percent mobile phones that we used were imported. In a short time space of nine years. Our PM Modi's vision of Digital India, Make in India & start up India this bouquet of programs has established India as a trusted value chain partner. Practically every big electronics manufacturer is setting up its design in India and I am very happy to share that Google has announced the manufacturing of Pixel smartphones in India. This is a very big achievement' says Ashwini Vaishnav.
Quality is only concern . Not making money by cheep quality.
Outside make in india looks shiny but when you go to govt offices to get a work done you will realise nothing has changed you have to pay extra to get water to electricity connection. Finally govt eats most of the profit in the name tax....
Jobs in India today is really at crisis and experts are suggesting this will remain a crisis even in the next year to come
Gormint wanted shortcut without creating any infrastructure so it was expected.
u want change but are not ready to change urself
@@kakun63right 👍
@@kakun63what is that supposed to mean
@@kakun63 i give taxes
@@niks5817 congratulations
Failed because big fishes devouring the small scale industries and medium wholesale traders
Your statement shows you know nothing about manufacturing. Any large manufacturing industry relies on MSMEs for parts. Without large industries to create demand MSMEs can never grow.
USA capitalism vs USSR socialism which economic system is best 🙂
well said look at indian states as well southern states have good per capita vs nother states
@@shreyanshxo163
@@Swapnil4055 bhai without capitalism no country will grow
Nonsense Logic I've Ever Read
Remove too bureaucracy. In India corrupt Bureaucrats and politicians are responsible for undeveloped country 😢😢😢😢
Yeah creating videos and commenting afterwards is easy but preparing plan and implementing on ground is real challenge especially when you got low to moderate skill people
Who told you not to train or learn. Our society's priority is all wrong.
@@Aerrow62sure why not but are here it mentioned failures only and not corrective actions
@@bhavikbhavsar3133 No one takes actions. They have not sense of what's important and what's not. People study for exams and not for learning. They want degrees but can't do anything with it. Our bureaucracy is bad at everything.
The problem is for a local person, the tax is so complex and high that the person looses interest in the business.
While for a foreigner there are tax exemption and agreements, which makes them easy to do business in India.
Solution is to Invest in Innovation facilities in India , Its the need of the hour, Although its a long term process but will bear fruits that is home grown and reduce dependency on other countries for factory setup nonsense.
People should change their mentality from 'Job seeker to Job Giver'
How many jobs do you give?
Government of India 🇮🇳
Means Politicians are 😊 enjoying😊😊😊😊😊
Hard efforts
Required improvements from
MCA Minister of Corporate Affairs
All 6 million SMEs in India should be given privileged priority in all Government and PSU Tenders . Also to young Indian Entrepreneur by Law . Jai Hind !
India should have more trade schools to support the manufacturing sector so we can have a pool of skilled workers.
Thank you Sir for this video in which you have elaborately described every thing❤
India still facing tough competition from established players. Have to work hard & proactive, focused
Sir how can we achieve make in India goal? Being a business man from manufacturing sector, heavy taxation policy and continuous denial of business loan from bank and corrupted people (in terms of tax paying) are really a big hurdle in achieving this dream. It's a good idea but need huge amendment in it.
Overall my CA says India is tax hell country.
we want from govt that every foreign company go back from india we promote local company to grow in india as well as world...
We should focus on home company setups and promote local brands
We need some educated people right here..if we were well educated from the past than the situation might be a bit different than it is today 😢..Cmon guys lets make India no.1 again and repeat the history..
Nowadays education is not same as our past when India used to be no 1
Lol From 2004 to 2014 he was educated, what did he do? 😂😂😂😂
जब भी देश में कोई नई इंडस्ट्री उभरती है तो उसपे तुरंत 28% जीएसटी ठोक दिया जाता है तो कोई निवेश क्यो करेगा
Same problem
18
Make in india implement karne se pahle skilled India program karana chahiye aur education system me changes chahiye lekin nep 2020 10 year delayed chal rahi hai jo aaj hona chahiye wo das saal baad hoga iska koi garranty nahi hai conclusion lack of implementing scheme = only change on paper no profit of government policies
Current government is way better than any opposition.
Tata nano may be discontinued but if it came back as ev then it can get high sales figure exponentially. But companies have different ideas
Andbhakt 😂😂😂
@@sumitsharma4706 what is andbakt
There has been no increase in the export of manufacturing in India. It has remained constant over the years, with no significant changes. The growth in the economy is attributed to other sectors.
Make in India scheme is in process but ministers and burocrats are still hurdle
Registration of Private Limited Company (PLC) is still difficult😣 task in 🤔💭 India 🇮🇳 required improvement in 🤔💭 easy registration process. Also World ranking to be increased in 🤔💭 International ranking.
Would be good to understand why manufacturing in India is challenging- Labour productivity and highly unionized labour is a key reason. Onus is also on us the Indian people
Our country is a trusted destination for business. West aur china k badhte trade war ko humein use kar chip
Aur high profit margin wale finished products ki manufacturing me dhyan dena chahiye… our younger generation should have good job prospects and training… iskeliye sarkar ko kadam uthaane chahiye ..
Tbh, we only exporting cheap labor and raw materials to other countries. Need to go miles to become influential exporter of heavy machineries.
India cannot be a manufacturing power house without sufficient infrastructure push. The dedicated freight corridor, the expressway, metros, ports, airports, bullet train, and few cities, are all under construction and are estimated to be completed by 2026. China already had all of this before becoming a power house. Manufacturing will come to Indian only if sending good out of Indian after manufacturing is faster.
Abhi toh shuru hua zara ruko raato raat toh rome bhi nahi bana tha means "rome was not built in a day" so keep patience make india result will be seen in upcoming 15 years
India gdp 3.5 trillion growth 7% is only 245 billion where as China gdp 21 trillion growth is 5 % which is 1.5 trillion..
True
Yes agreed. In china labours are not treated like humans and they are just machines and f**ing companies make them work for 14-15hrs and no off days , in addition no timely payment of wages. So sad, worry of your own
As India on the pathway of becoming a 5 trillion Economy by 2027 , hence Make In India cannot be a Failed Initiative...
Who says for development we need foreign investment we just need a leader who can do Meiji restoration like Japan ❤
Make in India is not like we thought that in our perspectives vision.... Because of oir government not spending money on education on practical bases.... That's why skilled youths not generated by our institution's.... Even govt released low budget for education
Well said, states know their needs, central policy cant work
Sadly opposition is not criticizing this govt for unemployment and manufacturing but Caste, Hinduism, Nepotism, Crony capitalism etc.
Kyu ki opposition bhi vesi hi hai 🙄
Failed miserably but still we should all keep trying.But decision like demonetisation and gst killed most of the opportunities
Gst made easy for them
USA capitalism vs USSR socialism which economic system is best 🙂
Make in Adani would be a perfect call for Modinians ,But not for Bharatiyans .
Adani bharat ka hai 🙂 lekin INC ke kingfisher ka malik UK bhag chuka hai 🙂
Adani ko bada toh UPA era mein kiya gaya tha 🙂 means rahunians hona chahiye 🙂
@@Swapnil4055 🤣🤣🤣
Lol dhruv rathee University graduate 😂
@@debanjandebgupta348har baniya chor lootne main mahir hai
Have to create Highly Skilled persons & proactive reforms ?
Honest
Focus
Consistent
If make in India have not reached 100% Target this doesn't make it failure, generally targets are kept higher not lower. I have seen many companies setup unit in India. Growth in next 5 years will be next level are companies are comming now after infra development which happened in last few years and still infra are getting build. Once we have good infra economy will automatically follow
Make In India is not just a economic programme but it is also a awareness programme.
everyone in the shop ask any things is make in india.
You are right sir, we couldn't achieve the goals as we had set. But it doesn't mean that we have not achieved anything, we have done so many good things. Only the required thing is that we have to keep on putting our honest efforts and we should co-operate each other rather than blaming and insulting other for their failure; because "प्रगति होगी तो फायदा सबका होगा"
जय हिन्द
Corruption,unskilled labour's non availability if cheap lands are the main failure of make in India concept.
Mera phone made in India,mera clothes made in India,mera Electronics made in India, Maine joh lightings and bulbs diwali meh kharide voh bhi made in india❤🇮🇳
Tu khud bhi to made in India he hai na bhai?
Our aim is to be at the top..why is govt framing policy fr 3rd largest economy..why not 2nd ..it will take time but atleast we should frame policy for it..
state governments ki acchi policy na hona iska make in India ki badi problem he.
इनकम टैक्स बंद कर देना चाहिए । सभी पर वन नेशन वन टैक्स कर लगाना चाहिए । सभी पर प्रोडक्ट टैक्स लगना चाहिए जो अमेरिका में है इसलिए तो अमेरिका में पूरे दुनिया के पूंजीवादी लोग जमा हुए और वहां बिजनेस चालू किये ।
It will definitely show its result in the near future, sudden growth in manufacturing not possible,, Labour policy needs to change,
Putin praised Made In India.. He is type of Most Matured president in this world.. look at HAL 80% components they are using Made In India only...
Also in HAL the contracts are in billions not just in millions...
China took nearly 35 to 40 years to reach that state. We shouldn't lose hope
30 years
Very useful information sir 🙏🙏🙏🙏🙏
Thanks for the very good video sir.
top down approach will not work, individual business are constrained and hassled at every turn. To start a very small industry just try to get an electricity connection, trade license and a PCB certificate.. you will be made to believe that you are committing a grave sin and crime at every juncture. These three are just a small subset of all the departments you have to deal with..
Excellent 👌👍👌 News best wishes for features in India 👍👍 best of luck great opportunity in features in India 🎇🎇🎇👌👌👌👍👍🎉🎉😍💕
Nicee... ❤🎉
PLI is also a disaster. Nobody will give you funds or aid for PCB manufacturing
States Policy are different and
Central Compliance are critical then
Dubai, Singapore 🇸🇬 and Australia 🇦🇺 Taiwan 🇹🇼
Easy doing business and registration process of Private Limited Company and Annual Compliance are critical.
Yet required lot's of reframing by MCA Ministry of Company Affairs by Indian 🇮🇳
Millionaires are not interested in Make in India ; Small and Micro Industries ; Start up and Stand up for boosting Production and Economy .
GOVERNMENT OF INDIA NEED TO HIGHLIGHT THE NEED OF MAKE IN INDIA
Team work की कमी, भारतियों का सरकारी नौकरी के प्रति रुझान ( स्टूडेंट का आईएएस की prepration में 6 se10 साल निकाल देना ) , शिक्षा व्यवस्था SKILL आधारित न होकर नौकरी आधारित होना, राजनीतिक पार्टियो ka उच्च स्तर पर curruption , अंधविश्वास में अधिक रुझान होना , समाज व परिवार में बहुत जल्द बीवी aur बच्चे रखने सेटल होने की दबाव , Digital India ne in 7 Salo me kuch badlav kiye h lekin aur bdlav lane ki bahut jada jarurat h
Please add English subtitles in your videos. A kind request
Still all the top brands of apperal and electronic gadgets like tv and washing machine not there of made in India even the train manufacturing and wheel manufacturing takeing support of China's every one is investing and selling chaina product in retail please check and update should become atmanirbhar in hydrogen gas and hydrogen engine production from electric City to car
We are doing assembling in india by basically forcing companies . We will be just making for India .
heavy taxes and frequent policy change...bureaucracy etc are the main reasons
Biggest problem is government never created a framework that they gonna focus on creating or investing or helping a corporate that will gonna manufacture ,display (that is the backbone of smart electronics ) from scratch ,battery li-ion etc from scratch ,pcb board , casing etc , etc
All we are doing is just assembling the pieces of Chinese parts
If we have to succeed in manufacturing we have to start from base production for eg API manufacturing for pharmaceutical products
I hope government will gonna do something
At least they have implemented corrected policies which is also a huge deal in too much democratic india 😅
1. High Transportation cost (16% of cost) (LOW INFRAS) ...Is India not trying to improrve its Infra? ... Road Transport ... Railways (DFCs) ... Ports ... are not improving??
2. Low rank of Ease of Doing Business (Reforms, tax labour, IBC) ... Ease of Doing Business rank reflects it ... THESE PENDING TASKS REFLECT IN YOUR CRITICISM
3. Monetary Reforms ... Demonetization ... GST ... DIGITALIZATION (UPI) ... 42 cr bank accounts (FINANCIAL INCLUSION) ... TODAY GST IS HEADING TOWARDS 2L cr
4. BUT... YOU CAN SEE 360 DEG REFORMS ... WORLD WILL WITNESS ITS 90% COMPLETION BY 2025
5. Then you will witness ... V-SHAPE GROWTH IN INDIAN ECONOMY !!!
We need proper economist as a finance minister.........We are still confused between whether to be a agrarian or industrialist economy....whether to be socialist or capitalist economy.........
Make in India is successful it has given a strong impetus to manufacturing sectors. Strong and continuous growth is needed for this scheme and Bharat will be able to do it !!
Any policy being implemented and if its not working, questions should be asked to the policy makers.. Clearly y we need education is visible if you closely watch the video..
I make good opinion crx energy goes underground smart indoor farming takes yeas to recicle batteries
The problem is with raw materials......rules has to more strict regarding imports.... made in india basically means assembled in india.manufacturing plants is what is needed in india.....and moreover we being a democracy can't compete with China's forced cheap labor system.....online scamming is also a threat for many companies that's why they are shifting their call centres in SEA countries.....
Full focus make in india programs
Indias growth can only be achived via demand indian govt has taxed everything so heavily so tgere is no discrentionary spending
Last hope is on Athmanirbharath....🙏🇮🇳
Made in India failed???😂😂 Really??
Then why russia praised india, why india's & china's GDP difference decreased?? How china lost 10 billion dollars this diwali? How india is second largest exporter of mobile phones??... It will take time but we need to support it... Sirf 3 ya 4 saalo me result nahi dikh skti..
bro reality is different what he makes video
data shows it failed miserably stop giving explantions illogiclly
it is beneficial for russia to keep ties with india as the world is spilt due to the war.
we are literally not even producing mobilephones here
here made in india phone itself are those which are assembled here with maade in china parts thats like cally others daddy as yours
theres no data yet that states china lost 10 billion its just an expected outcome predicted if every indian dosnt by chinese lights
We are assembling phones . We will end up making for India only . Which is not bad either .
We need to have patience. A lot of critical infrastructure projects will be ready by 2028, reducing logistic costs. Hopefully, labor reform will be passed after the 2024 elections, provided the BJP retains power. The various industry-specific parks is coming onstream ( textile, toy, base drugs, electronics, etc). Competition among states is good - winners are Tamil Nadu, Karnataka, Telangana, Gujarat, Haryana and UP). The other states are laggards. There is a need to build vocational institutes to train the skilled labor force to work in these factories if India wants to climb up the value chain. One area where China, Taiwan, Korea, and Vietnam have a big advantage.
Old pension scheme ki
demand ka ek kaat hai ki
Modiji FDs per interest bda
de Issey govt aur pvt sabhi
ko labh milega
Nice video Sir
Made in india total successful hai... Bas develop nhi karte bahar ke mangwa ke yha assemble kr dete hai...