TaxTMI 
TaxTMI 
Manufacturing Sector Performance
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....anufacturing Sector Performance <br>News and Press Release<br>Dated:- 23-8-2012<br><BR>Press Information Bureau Government of India Ministry of Commerce & Industry 22-August-2012 15:28 IST The quarter-wise figures of manufacturing growth during 2011-12 are given in the table below: Table: Manufacturing Growth during 2011-12 (based on growth rate of Index of Industrial Production (IIP), Base ....
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....2004-05) Period Manufacturing Overall IIP April-June 7.7 7.0 July-Sept 3.4 3.2 Oct-Dec 1.1 1.2 Jan-Mar 0.3 0.6 2011-12 3.0 2.9 The quarterly growth of manufacturing measured in terms of IIP has registered a decline from 7.7% in first quarter to 0.3% in the last quarter of 2011-12. Government has already taken confidence building measures for improving the industrial climate an....
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....d manufacturing in the country. Government had approved the National Manufacturing Policy (NMP) in October, 2011 with the objectives of enhancing the share of manufacturing in GDP to 25% by 2022 and creating additional 100 million jobs. One of the instruments in the NMP is the creation of National investment and Manufacturing Zones (NMZ) as planned integrated industrial townships. Nine NMZs have b....
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....een announced, eight of which are along the Delhi Mumbai Industrial Corridor (DMIC). Other measures include the promotion and facilitation of industrial investment including promotion of foreign direct investment through consolidation of press notes into a single document; development of industry relevant skills, regular meetings with industry associations and stakeholders to fast track implementa....
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....tion of industrial projects etc. This information was given by the Minister of State of Commerce and Industry, Shri Jyotiraditya M. Scindia in a written reply in the Rajya Sabha today. DS/GK<BR> News - Press release - PIB....