The Four Policies
1. Ease of doing business in India
This includes increasing the speed with which protocols are met with, and increasing transparency, which will result in the following:
years.
by businessmen.
necessary to undertake an inspection.
2. Foreign direct investment (FDI)
The government has allowed 100 per cent FDI in all the sectors except space (74 per cent), defence (49 per cent) and news media (26 per cent).
FDI restrictions in tea plantation have been removed, while the FDI limit in defence sector has been raised from the earlier 26 per cent to 49 per cent currently.
3. Intellectual property rights (IPR)
The government has decided to improve and protect the intellectual property rights of innovators and creators by upgrading infrastructure and using state-of-the-art technology. The main aim of intellectual property rights is to establish a vibrant intellectual property regime in the country, according to the website.
4. National manufacturing
cent–14 per cent per annum over the medium term.
GDP from 16 per cent to 25 per cent by 2022.
manufacturing sector.
and the urban poor for inclusive growth.
depth in manufacturing.
manufacturing sector.
regard to environment.