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The Government of India has also introduced National Pension System (NPS) for Non-Resident Indians (NRIs) which will benefit over 10 million NRIs between the age group of 18-60 years so as to provide them old age security.
The Government has placed equal emphasis on enhancing knowledge, skill, technology, innovation and research & development.
In cases of modernization of state-of-art proposals, FDI can go up to 100%; the norms for FDI in the Construction Development sector are also eased.
Under the transformational leadership of Hon'ble PM Shri Narendra Modi, the Government of India has set accelerating national economic development and ease in doing business its primary goals.
To make India an international investment and manufacturing hub, the Government launched the ‘Make in India' initiative in September 2014.
We are building a tax regime that is predictable, stable and competitive and have brought in a positive regulatory framework.
The Government has launched 100 Smart Cities Mission, Housing for All by 2022 and the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) schemes.
In September 2014, the landmark success of Mars Orbit Mission, India's maiden Mission to Mars made India the only country to reach Mars on its first attempt, and its being fully manufactured indigenously at a relatively low cost is a testimony of India's expertise and robust scientific & technological infrastructure.