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    <title>Industrial growth during 2021- 22 stood at 11.7 per cent over the corresponding period of the last year</title>
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    <description>Industrial output rose 11.7% in 2021-22. The government enacted fiscal, regulatory and institutional measures to boost manufacturing and MSME resilience, including GST, corporate tax reduction, the Production Linked Incentive scheme, expanded guaranteed emergency credit, subordinate debt and Fund of Funds equity for MSMEs, directives for timely payment and procurement preferences for domestic suppliers, Project Development Cells, a national single window system, and elevated capital investment and infrastructure pipelines to reduce logistics costs.</description>
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