Economic Development: It’s Effect on Society

Abstract

The concept of Make in India is a very promising and innovative initiative started by Indian government. The direct and indirect outputs of the Make in India concept include more job opportunities reducing unemployment, high purchasing power to better-living styles, better state of the art of infrastructure, smart cities etc. The role of the government is to be a facilitator rather than a regulator. Through this campaign, selected domestic companies with leadership in innovations and new technologies are also evaluated for boosting trade and economic growth and for turning them into global champions. The campaign is still in its initial stages so it will be very early to predict its success. With all these issues the sociologist have to see its side effects also in the form of family disturbances, pollution, migration, cultural effetcs also.  So these and many other issues have to be taken care.