Lok Sabha Question No. 3723 (UNSTARRED), answered on 2019-12-11
Subject: Financial Assistance under ‘Make in India’ Scheme
Ministry: COMMERCE AND INDUSTRY
Asked by: Sandhya Ray

## GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT FOR PROMOTION OF INDUSTRY AND INTERNAL TRADE

## LOK SABHA

UNSTARRED QUESTION NO. 3723.

TO BE ANSWERED ON WEDNESDAY, THE 11 TH  DECEMBER, 2019.

## FINANCIAL ASSISTANCE UNDER 'MAKE IN INDIA' SCHEME

## 3723.  SHRIMATI SANDHYA RAY:

Will the Minister of COMMERCE AND INDUSTRY be pleased to state:

वाणिज्य

## एवं उद्योग मंत्री

- (a) the  manner  in  which  financial  assistance  is  provided  to  the  companies manufacturing products under the 'Make in India' scheme;
- (b) whether any assistance is provided to such companies for manufacturing their products along with tax relief being given for selling their products;
- (c) if  so, the State/UT-wise names of the companies with over rupees two crore turnover that have been benefitted during each of the last three years;
- (d) the  place-wise  raw  materials  acquired  by  the  companies  for  manufacturing their products in regard to which the information has been sought along with the details thereof;
- (e) whether the Government proposes to conduct any enquiry in this regard and if not, the reasons therefor;
- (f) whether  several  companies,  while  importing  parts,  are  only  engaged  in assembling them and selling the same by labelling them under the 'Make in India' programme, thereby taking undue advantage of the scheme; and
- (g) if  so,  the  details  thereof  along  with  the  steps  taken/to  be  taken  by  the Government in this direction?

## ANSWER

## वाणिज ् य एवं उद्योग मंत्री ( श्री पीयूष गोयल ) THE MINISTER OF COMMERCE & INDUSTRY (SHRI  PIYUSH GOYAL)

- (a)  to (g): 'Make  in  India'  is  not  a  scheme  rather  an  initiative  which  was launched  on  September  25,  2014  with  the  objective  of  facilitating investment, fostering innovation, building best in class manufacturing infrastructure,  making  it  easy  to  do  business  and  enhancing  skill development.  Action  Plans  for  21  key  sectors  were  identified  for specific  actions  under  (i)  Policy  Initiatives  (ii)  Fiscal  Incentives  (iii) Infrastructure Creation (iv) Ease of Doing Business (v) Innovation and

R&D (vi) Skill  Development  areas.  Further,  'Make  in  India'  initiative has been reviewed and is now focusing on 27 sectors. Department for  Promotion  of  Industry  and  Internal  Trade  is  coordinating  action plans for 15 manufacturing sectors while Department of Commerce is coordinating  12  service  sectors.  The  list  of  27  sectors  is  placed  at

Annexure I . The Government of India is making continuous efforts under Investment  Facilitation  including  financial  assistance  to  Invest  India and  for  implementation  of  Make  in  India  action  plans  to  identify potential  investors.  Support  is  being  provided  to  Indian  Missions abroad and State Governments for organising events, summits, roadshows  and  other  promotional  activities  to  attract  investment  in  the country  under  the  Make  in  India  banner.  Investment  Outreach activities are being carried out for enhancing  International cooperation for promoting FDI and improve Ease of Doing Business in the country. The  total  Foreign  Direct  Investment  (FDI)  inflow  was  USD  305.21 billion between April 2014 and June 2019- representing 48.5% of the cumulative FDI in India since April 2000. In 2018-19, FDI inflow stood at a record of USD 62 billion, highest ever recorded for a fiscal year ever  specially  in  Communication  services,  Automotive  and  Auto Components, Construction, Chemicals and Petrochemicals and Tourism and Hospitality Services Sectors. Steps taken to improve Ease of Doing Business include simplification and rationalisation of existing processes. As a result of the measures taken  to  improve  the  country's  investment  climate,  India  jumped  to 63 rd place  in  World  Bank's  Ease  of  Doing  Business  ranking  as  per World Bank's Doing Business Report (DBR) 2020. This is driven by reforms in the areas of Starting a Business, Paying Taxes, Trading Across Borders, and Resolving Insolvency. There  is no  provision for providing financial assistance  to the companies manufacturing products under the 'Make in India' initiative.

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## ANNEXURE I

## ANNEXURE REFER TO IN REPLY TO  PARTS  (a)  TO  (g)  OF  THE  LOK SABHA UNSTARRED QUESTION NO. 3723 FOR ANSWER ON 11.12.2019.

## List of 27 Sectors under 'Make in India' initiative

- (i) Aerospace and Defence
- (ii) Automotive and Auto Components
- (iii) Pharmaceuticals and Medical Devices
- (iv) Bio-Technology
- (v) Capital Goods
- (vi) Textile and Apparels
- (vii) Chemicals and Petro chemicals
- (viii) Electronics System Design and Manufacturing (ESDM)
- (ix) Leather & Footwear
- (x) Food Processing
- (xi) Gems and Jewellery
- (xii) Shipping
- (xiii) Railways
- (xiv) Construction
- (xv) New and Renewable Energy
- (xvi) Information Technology & Information Technology enabled Services (IT &ITeS)
- (xvii) Tourism and Hospitality Services
- (xviii)  Medical Value Travel
- (xix) Transport and Logistics Services
- (xx) Accounting and Finance Services
- (xxi) Audio Visual Services
- (xxii) Legal Services
- (xxiii)  Communication Services
- (xxiv)  Construction and Related Engineering Services
- (xxv) Environmental Services
- (xxvi)  Financial Services
- (xxvii) Education Services