The Senate definitively approved the much talked about bill on Made in Italy with 88 votes in favour, 63 against and one abstention. The bill includes provisions regarding the “development, promotion and protection of Made in Italy”. The measure was previously approved by the Parliament on December 7, but its content remained unchanged.
“Finally, Italy has a law that protects and promotes the excellence of Made in Italy in the world – rejoices Minister Adolfo Urso – The decision voted today is a historic measure that marks a turning point in the country’s industrial policy and intervenes 360 degrees . Promoting and protecting the growth of national strategic supply chains, combating counterfeiting and training new skills to address the global challenges we face”.
What does the Made in Italy bill provide?
The bill has 59 articles. Among the new features, the “National Fund Made in Italy” has been established, which will be managed by the Ministry of Economy: there will be an initial allocation of 700 million for 2023 and 300 million for 2024, with injection into this fund from part of Italy. investment funds and other organizations. The goal is to invest in “strategic sectors supply chains”, starting from raw material supply.
The other measure that is among the most commented on is the establishment of a “Made in Italy high school” as early as January 2024. “Starting next January, young people will be able to enroll in the new Made in Italy high school. This project, which will start with the 2024/2025 academic year, was created to transfer the skills that brought prestige to our brand in the world,” explained Urso.
The “Enterprise and Skills Foundation” will then promote the connection between businesses and high schools and manage the “permanent national exhibition Made in Italy” and give an award to entrepreneurs every year: “Master made in Italy” From the text of the law “Excellence of Made in Italy” “those who stand out in their sectors with their ability to transfer knowledge and skills to new generations” we read.
10 million euros were also allocated to strengthen personal entrepreneurship and women’s entrepreneurship initiatives. It was important for the government to approve the bill by 2023 in order not to lose the appropriations planned for 2024 and therefore not to delay the entry into force of the measures.
Read more Politics news
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.