Policy Measures for Improving Manufacturing Sector

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....olicy Measures for Improving Manufacturing Sector <br>News and Press Release<br>Dated:- 7-8-2013<br><BR>The Government is continuously taking measures to improve the performance of the manufacturing sector of the country. Some such measures taken include announcement of National Manufacturing Policy (NMP), 2011, simplification and rationalization of the Foreign Direct Investment (FDI) Policy, impl....

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....ementation of Delhi Mumbai Industrial Corridor (DMIC) project, launching of the e-biz Mission Mode Project under the National e-Governance Plan, and creating a joint venture 'Invest India' in association with FICCI. Besides, incentives are given for helping industries in difficult areas through Plan Schemes of Transport Subsidy, special package of incentives for Special Category States, North-East....

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.... Industrial & Investment Promotion Policy, 2007, and specific programmes like Industrial Infrastructure Upgradation Scheme, Indian Leather Development Programmes etc. The Index of Industrial Production (IIP) reflects movements in production of manufacturing, mining and electricity. While the policy measures taken by the Government are facilitating in nature, the movements in the IIP are caused by....

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.... inherent supply and demand factors that affect industrial production. During the last two years, the IIP (Base 2004-2005) increased from 170.3 in 2011-12 to 172.2 in 2012-13. Some of the additional measures that have been considered necessary by the Government for facilitating increase in industrial production include creating a project monitoring cell for stalled infrastructural and industrial ....

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....projects with high investment, and approving commencement of preparatory work on creating Chennai-Bengaluru Industrial Corridor (CBIC), Bengaluru-Mumbai Economic Corridor (BMEC) and Amritsar-Delhi-Kolkata Industrial Corridor (ADKIC). The information was given by the Minister of State in the Ministry of Commerce & Industry, Dr. E M Sudarsana Natchiappan, in a written reply in the Rajya Sabha.<BR> ....

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....News - Press release - PIB....