Economics · Government Initiatives
A major foreign firm is concerned about regulatory hurdles and bureaucratic delays in setting up a production facility. If they refer to the four core pillars of the 'Make in India' initiative—(i) New Processes, (ii) New Infrastructure, (iii) New Sectors, and (iv) New Mindset—which combination of pillars is most directly designed to address ease of doing business and administrative reforms?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1New Sectors and New Processes, focusing on attracting investment into defense and manufacturing, and improving land acquisition laws.
- 2New Infrastructure and New Mindset, focusing on physical connectivity and cultural change within the bureaucracy.
- 3New Processes and New Mindset, focusing on Ease of Doing Business and streamlining government interactions.✓
- 4New Infrastructure and New Sectors, focusing on logistics and specific industry liberalization.
Correct answer
New Processes and New Mindset, focusing on Ease of Doing Business and streamlining government interactions.
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