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Question

Which of the following statements with regard to the 'Make in India' initiative is/are correct ?

1. It was launched in the year 2018.

2. Its objective is to foster innovation.

Select the correct answer using the code given below:

This question was previously asked in
CDS I 2019 Elementary Mathematics Previous Year Paper (03-Feb-2019)
The correct answer is

2 only

Understanding the 'Make in India' Initiative

The 'Make in India' initiative is a flagship program launched by the Government of India. Its primary goal is to encourage companies to manufacture their products in India and boost the manufacturing sector within the country. Let's analyze the given statements about this initiative.

Analyzing Statement 1: Launch Year of 'Make in India'

The first statement says the 'Make in India' initiative was launched in the year 2018. We need to verify the correct launch date of this important program.

  • The 'Make in India' initiative was officially launched on September 25, 2014.
  • This date is significantly different from 2018.

Therefore, Statement 1, which claims the launch year was 2018, is incorrect.

Analyzing Statement 2: Objective of Fostering Innovation in 'Make in India'

The second statement claims that an objective of the 'Make in India' initiative is to foster innovation. Let's look at the key goals of the program.

  • One of the core objectives of 'Make in India' is indeed to create an environment that encourages innovation.
  • The initiative aims to promote research and development, protect intellectual property, and develop skills among the workforce to support advanced manufacturing and innovation.
  • Fostering innovation is crucial for making India a global manufacturing hub and competitive in the international market.

Therefore, Statement 2, stating that fostering innovation is an objective, is correct.

Conclusion on 'Make in India' Statements

Based on the analysis of both statements:

  • Statement 1: 'Make in India' was launched in 2018 (Incorrect - launched in 2014).
  • Statement 2: Its objective is to foster innovation (Correct).

Only Statement 2 is correct.

Evaluating the Options

Let's examine the given options based on our conclusion:

  • Option 1: 1 only (Incorrect, as Statement 1 is incorrect)
  • Option 2: 2 only (Correct, as Statement 2 is correct and Statement 1 is incorrect)
  • Option 3: Both 1 and 2 (Incorrect, as Statement 1 is incorrect)
  • Option 4: Neither 1 nor 2 (Incorrect, as Statement 2 is correct)

Thus, the correct option is the one stating that only statement 2 is correct.

Revision Table: Key Details of Make in India

Feature Detail
Launch Date September 25, 2014
Primary Goal Encourage manufacturing in India, boost the sector
Key Objectives Foster innovation, skill development, infrastructure development, attract investment, protect intellectual property
Initiated By Government of India

Additional Information on Make in India Objectives and Impact

The 'Make in India' initiative is not just about manufacturing; it's a broader effort to transform India into a global design and manufacturing hub. Beyond fostering innovation, other critical objectives include:

  • Skill Development: Equipping the Indian workforce with necessary skills.
  • Infrastructure Development: Improving physical infrastructure like roads, ports, railways, and power supply.
  • Ease of Doing Business: Simplifying regulations and processes to attract foreign and domestic investors.
  • Attracting Investment: Encouraging both domestic and foreign direct investment (FDI) into manufacturing sectors.
  • Sector Focus: Targeting 25 key sectors for growth and investment.

By focusing on these areas, 'Make in India' aims to create jobs, boost economic growth, and improve India's position in the global supply chain.

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