As per the National Manufacturing Policy (NMP) 2011, the government aimed at raising the share of manufacturing sector to 25 percent of GDP from the current 16 percent by which of the following years?
A
2018
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B
2020
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C
2022
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D
2024
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E
2030
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Solution
The correct option is C 2022
The Planning Commission has recently released the draft of the country’s first ever National Manufacturing Policy. The objective of the National Manufacturing Policy is to boost the country’s share of industrial production, employment; development of world-class infrastructure and investments in India’s manufacturing space.
The policy aims to increase the share of manufacturing in the country’s GDP from the current 16% to 25% by 2022.