Government of India and the Industries set up _____________ to improve the growth rate of manufacturing sector.
A
National Manufacturing Competitiveness Council
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B
National Manufacturing Center's Council
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C
National Manufactured Competition Council
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D
National Manufacturing Council for Competitions
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Solution
The correct option is A National Manufacturing Competitiveness Council The desired growth rate for the manufacturing sector in India is at least 12 percent. But since 2003, this sector has been growing at the rate of 9 to 10 percent. Setting up of the National Manufacturing Competitiveness Council (NMCC) was an initiative by the government and the industries to remedy this. Make In India is another key step taken with the intention of encouraging locally produced goods.