What are the key factors contributing to the poor manufacturing data in India as criticized by Congress
'Make in India' has been criticized by Congress as 'Make-believe in India' due to certain reasons.
- Complex regulatory framework: High levels of bureaucracy and red tape make it difficult for businesses to navigate and operate efficiently.
- Inadequate infrastructure: Challenges in transportation, power supply, and logistics hinder manufacturing activities.
- Lack of skilled labor: There is a shortage of skilled workers in specific industries, impacting productivity and quality.
- Inconsistent policies: Changes in government policies and regulations create uncertainty for investors and manufacturers.
- Poor ease of doing business: India's ranking in ease of doing business has improved, but there are still significant challenges in terms of bureaucracy, corruption, and delays in approvals.
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7 months ago