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Centre launched Make in India campaign in 2014 aiming at creating job opportunities: Pon Radhakrishnan

New Delhi: The government of India has launched the “Make in India” campaign on September 25, 2014, to provide investors – both domestic and overseas – a conducive environment to manufacture in India and at the same time create job opportunities.

Pon. Radhakrishnan, Minister of State for Finance stated. The twenty-five (25) Sectors identified under “Make in India” campaign are:

 

Auto Components

Textiles

Renewable Energy

Construction

Aviation

Tourism

IT and BPM

Electrical Machinery

Chemicals

Pharmaceuticals

Media Entertainment

Food Processing

Space

Railways

Oil and Gas

Automobiles

Thermal Power

Roads

Defence

Biotechnology

Wellness

Leather

Electronic Systems

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Ports

Mining

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Further, as part of the Special Package for Creation & Export Promotion in Textile & Apparel Sector, Government contributes Employees Provident Fund (EPF) contribution of 3.67% in addition to paying the Employees Pension Scheme (EPS) contribution of 8.33%.

Also, as part of the Special Package for Employment Generation in Leather and Footwear Sector, Government provides employers’ contribution of 3.67% to EPF and EPS contribution of 8.33 % for all new employees in Leather, Footwear and Accessories sector, enrolling in EPFO for first 3 years of their employment, on the same lines as the textiles sector.

 

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