24th September, 2016 (MAINS)


Q1. List the main objectives of the National Manufacturing Policy (NMP), 2011. [5marks/2013/GS-2] 50 words.

Please write answer in the comments section.

  • Ashi Agarwal

    (i) The policy aims to create industrial enclaves that will offer lower taxes, faster permits, and easier labour laws to boost the share of manufacturing.
    (ii) The policy aims to increase the sectoral share of manufacturing in GDP to 25 per cent by 2025 from existing 16 per cent.
    (iii) The policy seeks to empower rural youth by imparting necessary skill sets to make them employable.
    (iv) Sustainable development and technological value addition in manufacturing have received special focus in the NMP.
    (v) The policy envisages specific interventions broadly in the areas of industrial infrastructure development and improvement of the business environment through rationalisation and simplification of business regulations.
    (vi) A defining feature of the policy has been the endeavour to improve the business regulatory environment by providing single window clearances.