Centre identified 25 thrust areas under Make in India scheme: Sitharaman

A professional agency has been employed to work with ministries so that ease of doing business is made possible, the Union Commerce Minister said

Union Commerce Minister Nirmala Sitharaman today said that Centre has identified 25 thrust areas under the Make in India scheme.

"A professional agency has been engaged to work with ministries in all these 25 areas so that nodal officers are helped to make ease of doing business possible," she said in her address at the Global Investors Meet organised by Tamil Nadu Government.

An expert committee is also looking at how multiple prior permission requirements can be cut down and the regulatory mechanism is also reduced to a minimum.

On the Law Commission recommendation on setting up commercial courts, she said a bill in this regard has been introduced in Parliament, which envisages creating commercial divisions in High Court with original jurisdiction and commercial courts.

"Commercial courts would have a positive impact on IPR, arbitration, insurance and tax-related matters... A lot of concrete steps are being taken to speed up process of investing in India with great ease rather than live with red tapism," she said.

"Both Union and State governments are committed to eliminate all the roadblocks for facilitating investment decisions, Make in India offers tremendous opportunities tremendous and all steps (are taken) for development of infrastructure, including port infrastructure and energy security, said Sitharaman.