The following are the features of which initiative of the Government of India? a. It is devised to transform India into a global design and manufacturing hub. b. It has an Investor Facilitation Cell to assist investors in seeking regulatory approvals, hand-holding services through the pre-investment phase, execution and after-care support. c. It aspires to facilitate investment, foster innovation, enhance skill development and build best-in-class manufacturing infrastructure.
Make in India
The description provided matches the 'Make in India' initiative. It aims to transform India into a global manufacturing hub, assists investors, and focuses on skill development and infrastructure.
What is the key reason governments promote Public-Private Partnerships in infrastructure development?