Volume 4, Issue-3(3), March, 2017 International Journal of Academic Research Special issue on PROSPECTS AND CHALLENGES Published by Office Address Sucharitha Publications Dr.T.V.Ramana, (9948440288) Visakhapatnam – 530 017 46-8-10/B,Near Aditya School Andhra Pradesh – India Jagannaickpur, Kakinada- 533002 website :www.ijar.org.in Andhra Pradesh-India e-mail: [email protected] Design by SS Xerox, Visakhapatnam Special issue on MAKE IN INDIA – PROSPECTS AND CHALLENGES Edited by P. Aruna K. Radha Pushpavathi B. Naga Padmavathy Two Day National Seminar on MAKE IN INDIA – PROSPECTS AND CHALLENGES 8th & 9th March, 2017 Sponsored by UGC University Grants Commission New Delhi In Collaboration With Chowdary Spinners Ltd, Chivatam, W.G. Dt Organized by The Department of Economics S.K.S.D. Mahila Kalasala (UG & PG) (A) Tanuku, W.G. Dt. – 534211, A.P Affiliated to Adikavi Nannaya University, Rajahmundry Re-accredited by NAAC with ‘B’ Grade Website: www.svke.net Estd. 1982 SEMINAR ORGANIZING COMMITTEE Chief Patron Sri Chitturi Subba Rao Founder, Secretary & Correspondent, S.K.S.D. Group of Colleges PATRONS Sri K.V. Subba Rao Sri Nandigam Sudhakar President, S.V.K. Educational Society Treasurer, S.V.K. Educational Society Advisors Prof. R. Sudarsana Rao, Member, State Finance Commission, A.P Dr. D. Subba Rao, Administrative Officer, S.KS.D. Group of Colleges Dr. J. Chandra Prasad, Director, SD College of IT, Tanuku Chair Person Convener Dr. P. Aruna, Dr. K. Radha Pushpavathi Principal Vice-Principal Co-Conveners Dr. B. Naga Padmavathy Smt. G. Aruna Kumari Vice-Principal Lecturer in Economics Members Sri G.A.K. Nehru, Lecturer in English Dr. D.M. Neeraja, Reader in Commerce Smt. G. Kusuma Kumari, Lecturer in Physical Education Smt. K. Vani, Lecturer in commerce Smt. G. Indira Kumari, Lecturer in Commerce Sri K. Rama Krishna, Lecturer in Zoology Smt. U. Lakshmi Sundari Bai, Lecturer in Mathematics Sri K.V. Rama Krishna, Lecturer in Chemistry Smt. K. Padmaja Rani, Lecturer in Physics Sri V. Venkateswara Rao, Lecturer in Statistics Sri N.S.V.N.A. Kumar, Lecturer in Computer Science Sri A. Naganna, Lecturer in History EDITORIAL BOARD OF THE JOURNAL Editor-in-Chief Dr. T. V. Ramana Andhra University Campus, Kakinada - Andhra Pradesh, India, 533 005 ADVISORY COUNCIL Prof. M. SundaraRao, Chairman, Board of Dr.V.Mahipal, Formerely Executive Director Studies, Dept. of Economics, Andhra University, (plg) & Associate Professor, Assosa University Visakhapatnam Ethiopia Prof. R.Sudarshana Rao, Dept. of Economics, Andhra University, Visakhapatnam and member of Dr.K.Victor Babu, Guest Faculty, Department of State Finance Commission, Govt. of Andhra Philosophy, Andhra University – Visakhapatnam; Pradesh Chief Editor of IJMER and Associate Editor of Dr.P.Subba Rao, Director (i/c), Centre for Study IJAR of Social Inclusion and Exclusive Policy, Andhra Dr.J.Chandra Prasad, Director, S.V. Institute of University, Visakhapatnam Technology, Tanuku, West Godavar District, AP Prof. Y.Somalatha, Special Officer, Andhra Dr.K. Radha Pushpavathi, Dept. of Economics, University Campus, Kakinada, AP S.K.S.D.Mahila Kakalasala Tanuku, West Godavari District, AP Prof.B.Kuberudu, Dept. of Management Studies, Andhra University Campus, Kakinada Dr. Zoran Vu, ISI, Rector, St. Gregory Nazianzen Orthodox Institute Universidad Rural de Guatemala, GT, U.S.A EDITORIAL COUNCIL FROM ABROAD Dr. Zoran Vu, ISI Rector, St. Gregory Nazianzen Prof. Roger Wiemers, Professor of Education, Orthodox Institute Universidad Rural de Lipscomb University, Nashville, USA Guatemala, GT,U.S.A Dr Leo O.N. Edegoh, Dr.A.Heidari, Faculty of Chemistry, California Department of Mass South University (CSU)Irvine, California, USA Communication, Chukwuemeka Odumegwu Ojukwu University, Uli, Anambra State, Nigeria Prof. Josef HOCI-ITL, Department of Political Dr.V.V. Ratnaji Rao Chowdary, Economy University of Vienna, Vienna & Ex. Dept. of Member, Austrian Parliament, Austria Business & Economics, Wollo University Dessie, Ethiopia Prof. Alexander Chumakov, Chair of Dr.K.Chaitanya, Philosophy Department Russian Philosophical Department of CHEMISTRY, Society, Russia Nanjing University of Science and Technology, China Prof. Fidel Gutierrez Vivanco, Founder and Dr.I.Ketutdonder, President Escuela Virtual de Asesoria Filosofica Depasar State Institute of Hindu Dharma, Indonesia Prof. Igor Kondrshin, Member of the Russian M.Ebrahimi, M.Ebrahimi, Philosophical Society, the Russian Humanist Department of Society and Expert of the UNESCO, Moscow, Industrial Engineering, Amirkabir University of Russia Technology, 424 Hafez Avenue, 15916-34311, Tehran, Iran EDITORIAL COUNCIL FROM INDIA Prof. M. SundaraRao, Chairman, Board of Dr. A. Srinivas, Rajiv Ganghi Institute of Law Studies, Dept. of Economics, Andhra University, College & Dept. of Humanities, JNTUK Visakhapatnam Dr. Kompella Venkata Ramana; Dept. of Prof. J.V.K.V. Pandit, Dept. of. Political Science Computer Science and Systems Engineering, &Public Adnm, Andhra University Campus, Andhra University; India Kakinada Prof.P.Dakshina Murty , Prof.in Physics, Dr. K. V. Ramana Murty, Dept. of Management University College of Engineering, Jawaharlal Studies, Andhra University Campus, Kakinada Nehru Technological University, Kakinada Dr.P.V.Subba Rao, Dr. C.S.Rao PG Centre, Dept. Dr. T.Ashok , Dept. of English, Andhra University of political science, Sri Y.N.College, Narsapur, Campus, Kakinada, AP West Godavari District, AP Prof. D. Satyanarayana, BVC Institute of Technology & Science, Amalapuram, AP Dr.V.V.S.Rama Krishna, Dept. of Economics, Andhra University Campus, Kakinada, AP Dr. B. Naga Padmavathy, Dept. of History, S.K.S.D.Mahila Kakalasala Tanuku, West Dr.D.Thirupathaiah, Dept. of Economics, Godavari District, AP S.K.R.B.R College, Narasaraopet, Guntur, district, A.P Dr. Sudhansu Ranjan Mohapatra, Centre for Juridical Studies, Dibrugarh University, Dr. E. Ashok Kumar, Department of Education Dibrugarh, Assam North- Eastern Hill University, Shillong Dr. R. Dhanuja, PSG College of Arts & Science Santanu Kumar Das , Department of Business Coimbatore Administration, Kalam Institute of Technology, Berhampur, Odisha Dr. Bipasha Sinha, S. S. Jalan Girls’ College University of Calcutta-Calcutta Dr. Vidya. H.N, Department of History, Government Arts College, Hassan, Karnataka Prof. S. Mahendra Dev, Vice- Chancellor, Indira Dr. C. Jaya Subba Reddy, Department of Gandhi Institute of Development Research Mathematics, SVU College of Sciences, Tirupati Mumbai 1. Dr.K.John Babu, Department of Journalism & 2. Dr.D.K.Prabhakar, Department of Telugu, Mass Comm. Central University of Kashmir, Jnanabharathi Campus, Bangalore University, Kashmir Bangalore Dr.J.Ratna Prabhakar, Dept. of Commerce, Prof. (Dr.) Sohan Raj Tater, Former Vice Government City College,(aff) Osmania University, Chancellor, Singhania University, Rajasthan Hyderabad Editor-in-Chief, IJAR – March, vol.4, issue 3(2), 2017 Typeset and Printed (Sucharitha publications) in India: IJAR, concentrates on critical and creative research in Multidisciplinary and multiple languages Academic Research. This journal seeks to promote original research and cultivate a fruitful dialogue between old and modern thought. Views expressed in the articles is exclusively of the authors, thus, journal is not responsible of it in any case Visit: www.ijar.org.in E mail: [email protected] March, 2017 C O N T E N T S Volume 4 Issue 3(3) March, 2017 Sl. Paper Title Pg. No. No 1 Role of Make in India as Driver Growth in Small Scale Industrial 1 Sector: M.Venkateswara Rao, DV. Nageswara Rao and Chikkam Satyanarayana 2 Make In India – Andhrapreneurship: Dr. K .Bhanu Prakash, 7 J. Chandra Prasad & K. Rajeswara Rao 3 Scheme for Transforming India - Make in India: M.Babu Rao 14 and K.M.Kumar 4 Industrialization and Urbanization in Vizag-Chennai Industrial 18 Corridor: Gamidi Madhu Babu 5 Make in India – The Sectors of Focus and The inherent rationale: 28 P.V.V. Satyanarayana 6 The role and performance of MSME’s in innovative and 35 competitive make in India : G. Rajendra Prasad and T.Anitha Kumari 7 The Role of Women Entrepreneurs in Make in India: 45 G.A.K.Nehru and K.Durga Kalyani 8 Make In India: Role of Women Entrepreneur: K.Satyanarayana 50 and K. Hari Hara Raju 9 Make in India- Role of Entrepreneurship: K.V. Syamala Devi 56 10 Make-In-India: Optimum Strategies for Sustainability of an 59 Indian Economy in Congruent with the Amelioration of Efficiency of Manufacturing Sector: G.A.K. Nehru and V. Vijayanand 11 Make in India - First Develop India (FDI): Ch. Vana Priya 65 12 Manufacturing Hub: K. Radha Pushpavathi and G. Aruna 69 Kumari 13 Foreign Direct Investment in Limited Liability Partnership in 74 India: K. Nageswara Rao 14 Make in India- Vision or Illusion: V.Venkata Ramana 83 15 Make In India Policy with Special Reference to Union Budget 88 2017 – 18: P. Suryanarayana Raju and N. Ramesh Babu 16 Role played by make in India concept in growth relating to 93 manufacturing sector in India : Ch.Rama Devi 17 The challenges and opportunities Indian business facing today: 98 K. Sree latha, K.Ravi and P.Ratna Mary 18 The Role of Entrepreneur in Education and Economic 104 Development: A.Shyam Babu and P.Chitti kumari 19 Impact of FDI on Indian Foreign Trade: R.Sivarama Prasad 107 and R.S.N.Sharma 20 Make In India Challenges of Teacher Education : Masilamani 114 and T.Sujatha 21 Make In India – Advantages and Disadvantages: B.Jyothi 117 22 Role of banks and some issues on make in India programme: 120 K. Prabhakara Rao 23 India’s attractiveness as an investment destination: Hemanth 123 Subbarao. Pali and Sreenivasarao. Veeramalla 24 Make In India – A Viable Vision or Illusion: P. Lakshmi Devi 127 and G. Indira Kumari 25 Need for financial inclusion of women for economic 133 development and growth: M.V.L. Bhanumurthy and P.Santhi 26 Make in India: A Boost to the Manufacturing Sector: V. Raj 137 Laxmi and G V S Ravindra Babu 27 Make In India the Future Destination of Manufacturing 141 Sector: K.Sarveswara Rao and G.Steeven Raju Make In India Policy with Special Reference to Demonetization 28 145 Effects: Dr.