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    <title>RBI releases DRG Study on “Productivity, Efficiency and Competitiveness of the Indian Manufacturing Sector”</title>
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    <description>The study measures productivity and efficiency in India&#039;s manufacturing sector using parametric and non parametric methods and finds modest Total Factor Productivity growth for organised manufacturing with divergent estimates across methodologies. Industry and inter state analyses reveal clear performance heterogeneity, with Machinery and Transport Equipment and Chemical industries outperforming, and Food, Beverages and Tobacco and Textiles underperforming. Firm level efficiency estimates show considerable scope for improvement, and unorganised sector labour productivity remains far below organised levels. Post reform openness and dismantling of trade barriers are positively associated with TFPG.</description>
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