<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}-->
_____________ was set up in 2004 to improve the growth rate of manufacturing Industries.
A
National Manufacturing Competitiveness Council
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Paramedical Council of India
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Project Exports Council of India
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Quality Council of India
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is A National Manufacturing Competitiveness Council <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}-->
The desired growth rate for the manufacturing sector in India is at least 12 percent. 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. It was set up in 2004. Make In India is another key step taken with the intention of encouraging locally produced goods.