Why start up India campaign not taking off

Prime Minister Modi’s clariant call to the country men to invest in appropriate projects and contribute to national growth by participating in the make in India / start up India programme have not yet resulted in any spectacular change in the situation for the better.

Certainly , Prime Minister has taken several proactive and appropriate measures to promote the make in India / start up India campaign. The problem is not with Modi government but with the mindset of the country men , particularly those belonging to younger generation who have been targeted by the Prime Minister to rope in for the schemes.

Whatever projects that have been announced under make in India/start up India largely involve financial or services or trading sector and are not so much concerned with manufacturing sector and technology development initiatives. The manufacturing sector and technology development efforts in the country are certainly falling way behind in growth and advancement , not only in the large scale sector but also in the medium / small scale sector.

It is tragic to see number of organisations who have been hitherto manufacturing products opting to shut down the units and instead involve themselves in trading activities by importing and trading the products which they were once producing. Several cases can be readily cited. For example, Pidilite industries which was once producer of Vinyl Acetate Monomer (VAM) have shut down the plant and is now importing and trading the same product.

Obviously, Indians including those belonging to younger generation want easy methods to do business and make money which is possible in the financial / trading / services sector but not in manufacturing sector or technology development functions.

A huge change in the mindset of the people, particularly belonging to younger generation is the need of the day and is vitally necessary for Indians to develop sense of pride in taking up and executing manufacturing projects that could be challenging and venture to export such manufactured products in the competitive global market.

Prime Minister Modi has to recognize this lack of dynamism of the people to venture into manufacturing sector, by boldly pointing out this inadequate mindset , which appears to be an attitudinal problem for an average Indian.
The basic reason for Modi’s innovative schemes like clean India campaign and make in India / start up India not taking off at the desired speed is the mindset of the people.

Make in India / start up India programme may end up in vacuum , if it would not result in creation of manufacturing activity in the country in a spectacular way.

Obviously, Prime Minister has to wage a battle in the minds and hearts of Indians to bring out the entrepreneurship spirit in them. Efforts to create “ease of business” climate by itself is not enough. Prime Minister Modi has to go far beyond this.

N.S.Venkataraman
Nandini Voice For The Deprived
nandinivoice.com
www.nandinichemical.com more  

View all 48 comments Below 48 comments
Transfer of legal heirs ship, Preparation & Registration of Will Succession Certificate Letter of Adminstration. Guidance & Assistance for legal matters. Stamp Duty Registration. For details kindly contact Pratap 9820619386 / 9819389386. On 26 Mar 2016 05:36, "N.S. Venkataraman" wrote: > more  
I fully agree with what is said above by Veeraputhiran Balasubramoniam. Politicians took many businesses small /medium and large businesses in to their benamis name and with the money and political power diverted government orders to themselves resulting in poor quality deliveries. Because of their power, they were able to get their bills cleared irrespective of the quality of production. This has resulted in discouragement to the genuine entrepreneurs entering into business and also to our poor performance in exports and increase in imports of all types affecting our balance of payment . more  
I Have been telling this for many years. Unless an Entrepreneur is ready to loose huge huge money to the government system and tax liabilities in different angles from one source of entrepreneur who in fact generate millions of jobs and initially only loosing his earnings to these set up of his infrastructure like office, running an office for few years to pick up client etc etc, bearing his losses sacrificing his life and family development he is been tortured by the congress government for 50 years that why politicians could do healthy business and mint crores of black money with the support of co politicians in the past 60 years. Now as MODI became the PM things are really changing for small and tiny and of course MSME and government must relax the various taxes for such 100 SOCIAL SERVICE PEOPLE who really work hard and do business ad they pay salary to 70% population in this country. these people are force to do various registrations, DIN/TIN/SISI, etc... Various taxes CORPORATION Tax, CORPORATE TAX/ SERVICE TAX/ all these ed some money extra to follow the documentation ad accounting auditor etc etc . Eve with out these these entrepreneurs are capable of maintain their account and run business profitably. Once all these from ONE area "GOVERNMENT" corners in the form of corruption these entrepreneurs are not able to sustain their business ad loose to corruption. i the lat 10 year politicians took majority of such business in to their binamis name and grabbed all small people business in to their hand as they could do any thing with the money power and diverted all the local government orders to only to politically backed binamis. I am sure MODI government has implemented lot of schemes for entrepreneurs but its alll been siphoned by political backed bank managers to politically backed political binami entrepreneurs only. more  
Mr Venkaraman is absolutely right to draw the attention of the countrymen towards our mind set attitude but does it mean that we should allow the same situation to flow on ? We must remember that no society or the country can be prosperous unless there is awakening in it's masses. We never heard any thing like Make In India,Swatch Bharat,Start Up etc before Modi Jee became the PM.We all will have to contribute in our humble ways to build up far these campaigns in the same fashion like parents bring up their children. We all need to support the Govt with our constructive suggestions to give the due speed to these missions,let us not say that these campaigns have hardly seen any light of the day.Let us ask ourselves as to what have we done far their success as the citizen of the Country.Unless we the people contribute nothing can be achieved . more  
it will be very difficult until the interest rates in india come down at par with other competing countries alongwith a stable rupee. already china has snatched much of the manufacturing advantage from india 2 decades ago and has become an economy of scale. if india cant create economy of scale, it can not succed as there is already an established competitor sitting idle. now whatever capacity has been built up is already in excess for world that's why we see all the commodity price plunged now. this is the time india needs to build its infrastructure first by utilizing the low commodity prices if it wants really to make in india. india still needs at least 10 years of good infrastructure building alongwith ease of doing business policies and for sure it needs a corruption free system with good governance. more  
Post a Comment

Related Posts

    • Terrible job market

      36% students from IIT bombay are unemployed at graduation. Where exactly are we headed as a nation. Imagine the state at NITs and other govt engg colleges. Private colleges to we must forget only. ...

      By Ajay Dutta
      /
    • GST number is designed to compromise your details

      Dumbest thing in GST is using PAN as GST number and Mandating displaying GST number in Sign Boards. So that everyone on street knows our PAN. PAN is used as password in income tax docume...

      By Vinay Sen
      /
    • Will many CAs may have to close soon

      Many CA, CS and CMA Professionals have to either change work or close their practice after this attached circular.

      By Ajay Dutta
      /
    • Google is a pathetic company

      Google India hiked the rate of business mail by 350 %. With fear of recession looming and when msme are struggling this is not the right thing to do. It will cost msme sector 5000 crore per year...

      By Vishal Khanna
      /
    • GST filing

      Still GST system is not 100 % user/official friendly. there are news that so much money (in lacs) collected by fraudulent GST bills. I am a GST registered vendor. The company turn over is almo...

      By Subramanian Venkataraman
      /
    • Taxation Issues faced by Startups: Inputs Sought

      Many of you know how LocalCircles had worked with the Government in 2019 on resolution of angel tax issues under Section 56 (2)(viib) of the Income Tax act. Once again, the Government h...

      By LocalCircles Manager
      /
    • Why no penalty an dprosecution for govt

      Now our IT portal has become sick being suffering babu virus or extortion virus. McA site never works on last days and people have to pay penalties for mistakes of govt. Now professionals are wasti...

      By SUBHASH PARAKH
      /
    • Income Tax Return Filing Portal

      What about income tax return filing date? Any extension thereof? As of today, I am not able to file the return . Has any one else file the income tax return? Has Portal issue been solved? I have al...

      By Hasmukh Sangani
      /
    • Grass root experience

      I have been doing and promoting small business for the last 30 years. The real problem is that the ministers and their secretaries don't have practical experience and they look for 5 trillion dolla...

      By AMIT MADHAV BHATTACHARYA
      /
    • Why do Ministers refrain from engaging with businesses

      I find it quite interesting that the ministers want to deal only with tata adani ambani and not the real msme and startups. Why is the msme minister (appointed this week Narayan Rane) his secretary...

      By Aditi Mitra
      /
    • Why such mismanagement

      FICCI the industry association has written to Centre saying most of 40000 ventilators manufactured under PM Cares Fund last year are lying unused at government facilities. Mainly due to negligence ...

      By Sudesh Rai
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)