Correct option is B
Correct Answer: (b) Ministry of Commerce & Industry
The Make in India initiative is administered under the Ministry of Commerce & Industry, specifically by its Department for Promotion of Industry and Internal Trade (DPIIT).
Launched in September 2014 by the Government of India, the scheme aims to transform India into a global manufacturing hub by encouraging both domestic and foreign companies to manufacture their products in India.
The primary goal is to raise the manufacturing sector's contribution to India's GDP and generate employment through industrial growth.
DPIIT, under the Ministry of Commerce & Industry, is responsible for policy formulation, investment promotion, and ease of doing business, making it the appropriate administrative body for this scheme.
Launched: 25th September 2014 by Prime Minister Narendra Modi.
Administered by: Department for Promotion of Industry and Internal Trade (DPIIT) under Ministry of Commerce & Industry.
Objectives:
Boost manufacturing to contribute 25% to GDP by 2025.
Generate 100 million jobs in the manufacturing sector.
Enhance India’s global competitiveness in production and exports.
Focus Sectors: 25 sectors including automobiles, electronics, textiles, chemicals, IT, and pharmaceuticals.
Investment Facilitation Cell: Established to guide investors across all sectors.
Reforms Introduced:
FDI policy liberalization, labor law simplification, and improved ease of doing business.
Ministry of External Affairs
Deals with foreign relations, diplomacy, and international treaties.
Not involved in domestic industrial promotion schemes.
Ministry of Finance
Handles economic policies, taxation, and budgeting.
Supports industry through fiscal policies but does not directly administer Make in India.
Ministry of Electronics & Information Technology
Focuses on digital infrastructure, IT policy, and e-governance.
Administers schemes like Digital India, not Make in India.