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Question

Identify the effort of Government of India in promoting R&D in India.


A
Promoting Exports
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B
Promoting 'Make in India'
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C
Promoting Import
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D
None of the above
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Solution

The correct option is B Promoting 'Make in India'
Make in India, a type of Swadeshi movement covering 25 sectors of the economy, was launched by the Government of India on 25 September 2014 to encourage companies to manufacture their products in India and also increase their investment.The major objective behind the initiative is to focus on job creation and skill enhancement in the required sectors of the economy. The initiative also aims at high quality standards and minimizing the impact on the environment. The initiative hopes to attract capital and technological investment in India.

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