A state wealth fund with an endowment of one billion euros to promote strategic supply chains, the Made in Italy high school, the fight against counterfeiting and the promotion of Italian products. These are just a few of the provisions of the Made in Italy bill, which was approved by the Council of Ministers on the afternoon of 31 May. In recent months, the Ministry of Enterprise, led by Adolfo Urso, has been working on it.
There are a total of 50 items in the bill. Among the innovations is a technical commission “with the aim of preparing reviews, technical opinions and guidelines identifying particularly high quality processes in the production process of durum wheat semolina pasta”. advertising evidence on product labeling.
The provision “introduces organic provisions to develop and promote excellent productions, historical and artistic beauty, and national cultural roots as factors that must be preserved and transferred for the growth of the country’s economy,” the government said. Let’s see in detail what the Made in Italy bill provides.
Support for women’s entrepreneurship
A number of measures and initiatives are also envisaged, aimed at promoting the entrepreneurial system of Italian excellence, in order to provide Made in Italy with new resources, new skills and new protections. Actions are also envisioned to improve and widen the network between the main players in promoting and protecting Italian excellence, and regulations tightening the sanctions system to combat counterfeiting have been introduced.
In particular, the Italian sovereign wealth fund Fondo Strategico Nazionale del Made in Italy was born with an initial endowment of 1 billion and with the aim of promoting the growth and consolidation of national strategic supply chains, also for the raw material procurement stage criticism. . In addition, new industry measures were introduced to support the main supply chains of excellence through the development of 100% domestic wood-furniture supply chain, textile, marine, ceramics and jewelry products. The expected ten million euros are for self-entrepreneurship and strengthening women’s entrepreneurial initiatives. This is followed by a €15 million financial support for 2024 for companies with predominantly female participation.
High school that promotes Italian excellence is born
The Made in Italy high school was established in the Made in Italy scheme “to promote knowledge and skills linked to the excellence of Italian products and tradition through a high school course capable of delivering a historical-legal, artistic, linguistic, economic and market-appropriate high school course.” for the promotion and development of individual national production sectors that take into account the specific professions of the regions”. It was announced by Mimit, who explained how the discipline of the work path will begin within 90 days from the date of entry into force of this law. Therefore, the start of the new school cycle is planned for the year 2024/2025.
A Foundation called “Companies and Skills for Made in Italy” has been established to support the link between the new Made in Italy High School and companies, as well as to promote the integration of students into the business world.
Also, to promote intergenerational transfer of skills and talents – explains Mimit – a program for intergenerational skills transfer has been established for private companies, with up to 15 units to be conducted through a retired worker’s training course. To a new permanent employee under the age of 30 for more than 2 years. The duration of the program will be 12 months at the most and it is foreseen by the law that the private lessons will be carried out without being subject to the provisions of subordination and dismissal. The retiree’s fee for tutoring does not contribute to income generation for Irpef purposes and is not subject to social security contributions up to a maximum threshold of EUR 15,000 per year. For amounts above this threshold, the usual rules apply.
Made in Italy Protection
The bill, rejected by the CDM, also provides for the creation of an official brand of Italian origin for goods with the phrase “made in Italy” to promote intellectual and commercial property of goods;
The creation of a national catalog for the use of Blockchain for the certification of supply chains and the enumeration of solutions in compliance with the current legislation for the traceability of supply chains and the support and promotion of applied research, development and use of technology based on distributed records (Dlt) informational useful for consumers; accompanying companies towards the future through the financing of consultancy for the launch of activities in the metaverse; partnership process between producers and incentives for drafting a discipline for artisanal and industrial productions, preparing for the imminent release of the European regulation on non-agricultural PGI.
The fight against counterfeiting
The bill cannot be missing a passage on the protection of Italian products, which encourages the fight against counterfeiting. Thus, relevant changes were made in the sanction system and the criminal procedure law. The bill also provides for the reorganization of offices to promote specialization in the field through regional concentration of the competence of requesting offices and the launch of special education initiatives; Measures for specialized training of judges in the fight against counterfeiting crimes. Finally, the “National Made in Italy Day” was established on 15 April to celebrate Italian creativity and excellence in institutions, schools and production sites, and to recognize its social role and contribution to Italy’s economic and cultural development. heritage of nation and identity.
Source: Today IT
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
