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Slowdown in Manufacturing Sector
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....lowdown in Manufacturing Sector <br>News and Press Release<br>Dated:- 12-7-2019<br><BR>As per the latest available estimates of Gross Domestic Product (GDP)by National Statistical Office, the Gross Va....
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....lue Added (GVA), at constant prices (2011-12), for the manufacturing sector registered a growth of 6.9 per cent in the year 2018-19 as compared to a growth of 5.9 per cent in the year 2017-18. Overal....
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....l performance of manufacturing sector is an interplay of several factors such as domestic demand, demand for exports, level of investment and prevailing prices. The Government has been continuously ta....
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....king steps to boost manufacturing. Key initiatives taken, inter-alia, include: * 'Make in India' initiative under which thrust sectors have been identified to provide a push to manufacturing in Indi....
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....a. * 'Startup India' initiative for encouraging self-employment. * 'Ease of Doing Business' where the Government aims at creating a conducive environment by streamlining the existing regulations, ....
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....processes and eliminating unnecessary requirements/procedures. * Foreign Direct Investment (FDI) policy and procedures have been simplified and liberalised progressively. * Recent budget has furth....
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....er rationalized corporate tax and custom duties. This information was given by the Minister of Commerce and Industry, Piyush Goyal, in a written reply in the Rajya Sabha today.<BR> News - Press relea....
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....se - PIB....