Ministry of Finance
“Make in India” campaign
Posted On: 06 MAR 2018 6:04PM by PIB Delhi
Government of India has launched the “Make in India” campaign on September 25, 2014 to provide investors – both domestic and overseas – a conducive environment to manufacture in India and at the same time create job opportunities. The twenty five (25) Sectors identified under “Make in India” campaign are:
Auto Components | Textiles | Renewable Energy |
Construction | Aviation | Tourism |
IT and BPM | Electrical Machinery | Chemicals |
Pharmaceuticals | Media Entertainment | Food Processing |
Space | Railways | Oil and Gas |
Automobiles | Thermal Power | Roads |
Defence | Biotechnology | Wellness |
Leather | Electronic Systems | – |
Ports | Mining | – |
Further, as part of the Special Package for Creation & Export Promotion in Textile & Apparel Sector, Government contributes Employees Provident Fund (EPF) contribution of 3.67% in addition to paying the Employees Pension Scheme (EPS) contribution of 8.33%. Also, as part of the Special Package for Employment Generation in Leather and Footwear Sector, Government provides employers’ contribution of 3.67% to EPF and EPS contribution of 8.33 % for all new employees in Leather, Footwear and Accessories sector, enrolling in EPFO for first 3 years of their employment, on the same lines as the textiles sector.
This was stated by Shri Pon. Radhakrishnan, Minister of State for Finance in written reply to a question in Rajya Sabha today.