Make in India and Start-up India are flagship initiatives launched by the Government of India to boost industrial development, encourage entrepreneurship, and enhance economic growth. These programs aim to create a favorable business environment and make India a global hub for manufacturing and innovation.

Make in India

  1. Launched on 25th September 2014 by the Government of India.
  2. Aims to transform India into a global manufacturing hub.
  3. Encourages domestic and foreign companies to manufacture in India.
  4. Focuses on 25 priority sectors, including automobiles, electronics, textiles, and renewable energy.
  5. Promotes ease of doing business by simplifying regulations and procedures.
  6. Seeks to improve infrastructure and ensure the availability of skilled labor.
  7. Enhances FDI inflows by liberalizing foreign investment norms.
  8. Supports job creation and economic growth through industrialization.
  9. Encourages technological innovation and R&D activities in India.
  10. Led to the development of industrial corridors and smart cities.
  11. Focuses on reducing imports and promoting export-oriented growth.
  12. Introduced initiatives like Digital India to complement manufacturing growth.

Impact of Make in India

  1. Boosted India's manufacturing sector and global competitiveness.
  2. Attracted significant FDI inflows into priority sectors.
  3. Improved India's ranking in the Ease of Doing Business Index.
  4. Facilitated the creation of industrial clusters and corridors.
  5. Faced challenges like infrastructure bottlenecks and regulatory hurdles.

Start-up India

  1. Launched on 16th January 2016 to promote entrepreneurship in India.
  2. Aims to create a conducive ecosystem for start-ups to thrive.
  3. Provides financial support through the Fund of Funds for Start-ups (FFS).
  4. Offers tax exemptions for eligible start-ups for three years.
  5. Focuses on simplifying compliance and reducing regulatory burden.
  6. Encourages innovation and supports R&D activities.
  7. Facilitates collaboration between academia, industry, and investors.
  8. Promotes women entrepreneurship through special incentives.
  9. Includes the establishment of incubators and accelerators for start-ups.
  10. Provides a platform for networking through events and workshops.
  11. Encourages digital platforms to facilitate funding and mentoring.
  12. Focuses on Tier-II and Tier-III cities to ensure inclusive growth.

Impact of Start-up India

  1. Increased the number of registered start-ups in India.
  2. Boosted the culture of innovation and entrepreneurship.
  3. Facilitated the growth of unicorns (start-ups valued over $1 billion).
  4. Enhanced job creation in emerging sectors.
  5. Faced challenges like access to funding and scalability issues.

Comparison of Make in India and Start-up India

  1. Make in India focuses on manufacturing and industrialization, while Start-up India promotes entrepreneurship and innovation.
  2. Both aim to boost economic growth and create jobs.
  3. Make in India targets large-scale industries, whereas Start-up India supports small businesses and start-ups.

Key Points

  1. Make in India was launched in 2014 to make India a global manufacturing hub.
  2. Start-up India was launched in 2016 to promote entrepreneurship.
  3. Make in India focuses on 25 priority sectors, including textiles, automobiles, and electronics.
  4. Start-up India provides tax exemptions for eligible start-ups for three years.
  5. Both initiatives aim to enhance economic growth and job creation.
  6. Make in India emphasizes foreign direct investment (FDI).
  7. Start-up India supports women entrepreneurship through special programs.
  8. Both initiatives complement each other by targeting different aspects of economic development.

Category

Questions

  1. What is the primary objective of the "Make in India" initiative?
  2. In which year was the "Make in India" initiative launched?
  3. What is the main aim of the "Start-up India" campaign?
  4. Which ministry is responsible for the implementation of "Make in India"?
  5. Under "Start-up India," what is the eligibility criterion for a start-up to receive benefits?
  6. Which sector was not initially included under the "Make in India" campaign?
  7. What is one of the pillars of the "Make in India" initiative?
  8. Which feature is unique to the "Start-up India" program?
  9. What is the focus of the "Make in India" campaign?
  10. Which of the following is a key sector targeted under the "Make in India" campaign?
  11. Which government scheme provides incubation facilities for start-ups in India?
  12. What is the primary goal of the "Make in India" initiative in terms of GDP contribution?
  13. What kind of tax benefits are provided under the "Start-up India" initiative?
  14. "Make in India" encourages investment in which infrastructure segment?
  15. What is the validity period for a start-up under the "Start-up India" scheme?
  16. Which of the following is not a key focus area of the "Make in India" campaign?
  17. Under the "Start-up India" program, start-ups are encouraged to file patents through which specific initiative?
  18. What is the role of FDI in the "Make in India" initiative?
  19. What is the purpose of the "Make in India" logo, which features a lion made of gears?
  20. Under "Start-up India," what is the limit of annual turnover for a company to qualify as a start-up?
  21. Which initiative under "Make in India" focuses on creating a single-window clearance system for investors?
  22. What is a unique feature of the "Start-up India" program to encourage women entrepreneurs?
  23. What does the "Make in India" initiative aim to achieve in defense manufacturing?
  24. Which state topped the Start-up India ranking in 2022 for promoting start-up ecosystems?
  25. "Make in India" promotes ease of doing business by reducing which type of barriers?
  26. What is the Start-up India Seed Fund Scheme designed for?
  27. Which organization monitors the "Make in India" initiative?
  28. How does the "Make in India" initiative contribute to sustainable development?
  29. Which of the following is a key challenge faced by the "Make in India" initiative?