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National Mission to be Launched for Hybrid And Electric Vehicles - Manufacturing Sector Share in GDP Expected to Reach 25% in Ten Years

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....ational Mission to be Launched for Hybrid And Electric Vehicles - Manufacturing Sector Share in GDP Expected to Reach 25% in Ten Years <br>News and Press Release<br>Dated:- 28-2-2011<br><BR>Presenting....

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.... the General Budget 2011-12 here today, Shri Pranab Mukherjee, Finance Minister informed that to provide green and clean transportation for the masses, a National Mission for Hybrid and Electric Vehic....

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....les will be launched in collaboration with all stakeholders. Shri Mukherjee informed that a Group of Ministers (GOM) has been set up to consider all issues relating to reconciliation of environmenta....

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....l concerns emanating from various departmental activities including those related to infrastructure and mining. This GOM will also suggest changes in the existing statutes, rules, regulations and guid....

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....elines and make its recommendations in a time bound manner. He also informed that the share of manufacturing in GDP is expected to rise from about 16% to 25% over a period of ten years. The governme....

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....nt will come out with a Manufacturing Policy, which will bring down the compliance burden on the industry through self-regulation and help make Indian industry globally competitive. The Finance Mini....

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....ster has also proposed to include capital investment in fertilizer production as an infrastructure sub-sector.<BR> News - Press release - PIB....