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 Enhance Renewable Manufacturing and Battery Storage
Micro, Small and Sustainability Domestic Trends
Expand solar, wind, battery, and HVDC manufacturing
through incentives, public-private joint ventures, increased Medium Enterprises for Businesses
PLI outlay and R&D investment. Focus on critical minerals
processing, recycling, and R&D partnerships to reduce Harnessing
import dependence.
Streamlining of land and labour markets, two historically MSMEs are backbone of India’s economy but face constraints in India’s transition to sustainable industrial growth requires
constrained factors of production, is critical for expanding credit, compliance, and market access, which must be overcome policy tools that promote resilience, resource efficiency, and
investment, generating employment, and improving productivity. to make them competitive players. environmental compliance. India's

Land  Launch a National Formalization Strategy  Integrate Climate Resilience into Policy
 Strengthen the India Industrial Land Bank (IILB) Strategy should focus on easing compliance and lowering Incorporate industry needs into India’s National Adaptation Demographic
costs of formalisation, boosting productivity, employment Plan. Further, provide businesses open access to digitised
Strengthen and expand the IILB into a central platform not and wages. As part of it, exempt MSMEs from approval climate data and digital tools for risk assessment, and
only for viewing available land but also for end-to-end A time-bound, transparent, and efficient judiciary is critical to requirements for the first three years of operation and set mainstream climate resilience for MSMEs through
allotment and approvals. contract enforcement, dispute resolution, and investor confidence. up MSME cells in all line ministries to provide coordinated education, funding, and insurance support. Dividend
 Create Integrated State Land Authorities  Fill Vacancies with Real-Time Tracking support and simplify compliance.  Simplify Environmental Approvals
States must form single-window integrated land authorities Establish digital dashboards to monitor judicial vacancies  Reward Success and Support Innovation Create a unified environmental compliance portal
responsible for all land-related functions, including zoning, and ensure timely coordination between the judiciary and Implement a PLI-like rewards scheme for eligible MSMEs. To
titling, and conversion, to reduce duplication and delays. executive for appointments. integrated with PARIVESH and NSWS. Establish clear for Equitable
support innovation, introduce a Technology and Innovation timelines and deemed approvals to reduce uncertainty.
 Digitize Change of Land Use and Registration  Adopt a National Litigation Policy Voucher Scheme to help MSMEs collaborate with research
institutions.  Scale Circular Economy Infrastructure
Online certification with digital signatures and QR codes Policy should reduce frivolous government litigation by Economic
must replace manual processes. Interdepartmental setting thresholds for appeal and promoting settlement  Launch Skill Vouchers for MSMEs Establish EPR credit registries and Resource Recovery
integration is essential for seamless verification and through Alternate Dispute Resolution (ADR) mechanisms. Zones. Promote green logistics, reverse supply chains, and
approvals. Launch Skill Vouchers that allow MSMEs to send workers to low-cost recycling infrastructure including multi-material
 Create a Central Tribunal Authority certified training providers for upskilling in emerging resource parks.
 Rationalise stamp duty and registration charges technologies. MSMEs should also be included in the PM Growth
This body would standardize governance across tribunals, Internship Scheme.  Standardize ESG Reporting
Rationalise and harmonize rates across states in the range ensure performance monitoring, and reduce case backlogs
of 3-5 per cent to reduce financial burden on businesses. by allocating resources more efficiently.  Modernize and Digitize Operations Harmonize disclosure requirements across frameworks like
Business Responsibility and Sustainability Reporting (BRSR)
 Move Towards Conclusive Land Titling  Expand Commercial Courts and ADR Councils Create cluster-based Industry 4.0 adoption scheme where and RBI guidelines. Introduce sector-specific ESG KPIs to
States should replace the current presumptive titling States should set up more commercial courts, especially registered tech providers help MSME clusters implement improve comparability and investment visibility.
system with conclusive land titles backed by government in high-backlog districts. Simultaneously, expedite tech and automation. Also set up an online P2P lending  Green Public Procurement
guarantees to minimize disputes. the establishment of Arbitration and Mediation Councils platform to improve technology use and financial access.
 Introduce a dynamic land zoning plan of India.  Introduce Cluster Twinning Program for global Mandate sustainability-linked criteria like GHG reduction Key
and water use efficiency in GeM purchases, encouraging
competitiveness
Dynamic and inclusive land zoning plans should be adopted,  Digitize and Integrate Judicial Data industries to adopt eco-friendly practices through Takeaways
moving towards a “negative list” approach that allows To enhance global competitiveness, a Cluster Twinning market-driven incentives.
greater flexibility for land use based on evolving economic Strengthen the National Judicial Data Grid by mandating Programme should connect Indian MSME clusters with
needs. comprehensive reporting, refining case classification, and international peers to enable technology transfer, joint These set of actionable reforms and policy recommendations
enabling real-time ranking of state’s performance. Further, ventures, and capacity building. across domains can drive competitiveness, unlock growth, and As per the Periodic Labour Force Survey (PLFS) Since 2017-18, there has been a notable increase
create a parallel platform for ADR outcomes to inform put India firmly on path towards becoming a Viksit Rashtra results, the overall employment in India increased also seen in the female Labour Force
data-driven policy reforms.  Support Export Competitiveness
over the next two decades by a healthy 153 million in the seven-year period Participation Rate (LFPR) and female Workforce
 Formulate a National Judicial AI Policy Establish an MSME Export Facilitation Portal, subsidize between 2017-18 and 2023-24, translating into Participation Rate (WPR), underscoring the
insurance for first-time exporters, and remove turnover employed people to working age population ratio progress towards a Viksit Bharat.
Policy should accelerate digital transformation through thresholds for public procurement eligibility. rising from 35 per cent to 44 per cent in the
AI-assisted case sorting, mandatory e-filing, and real-time comparable period. To further boost job creation in the economy,
performance analytics across courts. CII suggests following a multi-pronged approach
Notably, employment grew by 67.2 million in the which would encompass measures such as
post-pandemic period from 2021-22 to 2023-24, launching a National Employment Policy, creating
higher than 54.7 million increase in employment an Employment Information Portal, expediting
prior to the pandemic from 2017-18 to 2019-20, implementation of Labour Codes, increasing
indicating robust rebound in employment post female labour participation by moving from
pandemic. contractual services to regular employment in
cases where majority of the service providers
India must continue to simplify its tax regime to improve Encouragingly, casual jobs which had been
certainty, widen the tax base, and reduce litigation. are women, and piloting an Urban Employment
increasing in a secular trend since 2017-18 Guarantee Program among others.
 Expand Presumptive Taxation witnessed a sequential contraction for the first
time in 2023-24 as the casual jobs shrunk by
Extend simplified presumptive tax schemes to a wider 5.4 million.
range of resident and non-resident sectors. Increase
turnover limits to align with MSME definitions.

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APRIL 2025
APRIL 2025