50. Which ofthe following statements are true with reference to National ManufacturingPolicy?
1. It aims to increase the share ofmanufacturing in the country‟s GDP to15% by 2022.
2. It aims to create 100 million jobs by2022.
3. To promote establishment of NationalInvestment and Manufacturing Zones(NIMZ).
50. Which ofthe following statements are true with reference to National ManufacturingPolicy?
1. It aims to increase the share ofmanufacturing in the country‟s GDP to15% by 2022.
2. It aims to create 100 million jobs by2022.
3. To promote establishment of NationalInvestment and Manufacturing Zones(NIMZ).
The correct option is C c. 2 and 3 only
50. Answer-c
Explanation: It aims to increase the share of manufacturing in the country‘s GDP fromthe current rate of 16% to 25% by 2022 and create 100 million additional jobs in the next decade.
The objective of the National Manufacturing Policy is to boost the country‘s share of industrialproduction, employment; development of world-class infrastructure and investments in India‘smanufacturing space.
The policy envisages establishment of National Investment and Manufacturing Zones (NIMZ)equipped with world-class infrastructure that would be autonomous and self-regulated developed inpartnership with the private sector.
The policy embodies an easy exit policy and single window clearance in zones. The NIMZ would bemanaged by special entity The policy has envisaged fiscal sops to boost manufacturing. Small &medium enterprises to be reimbursed for technology purchase NIMZ, the SPV will undertake skill upgradation in co-ordination with the National Skill Development Corporation (NSDC). Further, thepolicy seeks to expand the network of ITIs.
50. Answer-c
Explanation: It aims to increase the share of manufacturing in the country‘s GDP fromthe current rate of 16% to 25% by 2022 and create 100 million additional jobs in the next decade.
The objective of the National Manufacturing Policy is to boost the country‘s share of industrialproduction, employment; development of world-class infrastructure and investments in India‘smanufacturing space.
The policy envisages establishment of National Investment and Manufacturing Zones (NIMZ)equipped with world-class infrastructure that would be autonomous and self-regulated developed inpartnership with the private sector.
The policy embodies an easy exit policy and single window clearance in zones. The NIMZ would bemanaged by special entity The policy has envisaged fiscal sops to boost manufacturing. Small &medium enterprises to be reimbursed for technology purchase NIMZ, the SPV will undertake skill upgradation in co-ordination with the National Skill Development Corporation (NSDC). Further, thepolicy seeks to expand the network of ITIs.
