Highlights of manufacturing policy

October 30th, 2011 - 2:36 pm ICT by IANS  

Salient features of the first national manufacturing policy:

– Creation of 100 million additional jobs in the next 10 years.
– Increasing the share of manufacturing in GDP to 25 percent by 2022 from current around 16 percent.
– Liberalisation in labour and environment regulations.
– Single window clearance for all issues related to industrial units.
– Setting up of national investment and manufacturing zones.
– Mega industrial township equipped with world-class infrastructure proposes to be autonomous and self-regulated.
– Special purpose vehicle created to develop infrastructure on public-private-partnership mode.
– Incentives to states for infrastructure development.
– Incentivisation of green technology.
– Financial and tax incentives to small and medium enterprises.

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