IPIIP Prog. - Improvement in Indian Economy

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It is true that Govt. of India is spending and has focussed on Skill Development for the youth by providing them training/courses for enhancing their career prospects which will give more productivity to the country and strengthen the economy. It is often observed on different media forums about the discussions among the panels the existence of shortage of jobs. The pace of  providing jobs is not adequately addressed for such youth for which increased momentum is needed. Moreover shortage of jobs is inducing trained and skilled youngsters who can afford make attempts to  go for foreign jobs and settle thereby causing  Brain drain out of the country which may effect adversely to the economy in the long run.
 
It is therefore necessary that the Govt. should start IPIIP which is - "Identification, Promotion and Implementation of Industrial Projects" scheme with active involvement of States.The module be made on industry specific basis, for example IPIIP for Sugar, Cotton, Agriculture, Mining, Power, Export oriented industry etc. This exercise will not only promote the revenue of the State and the Centre but increase the foreign exchange for the country if export oriented industry be allowed to flourish and   participate. In the module, industrialists (new or existing) along with the concerned Govt. officials may make a roadmap for taking up new ventures by weeding out the obstacles, if any, on the spot.  This will automatically generate more jobs for the youngsters and improve their earnings. The collective efforts of the states will improve economy of the country and shall have positive effect on foreign exchange reserves.
 
The Govt. should also consider reviewing its Industrial policy and make it more liberal for export business, industry and the like services. In fact, most of the countries in Europe have earned foreign exchange by allowing the industry to export one-tenth of its production for exports as well as by employing thirty out of hundred employees to be involved in exports.This strategy have shown good results for their economy and GDP also.


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