Implementation of National Manufacturing Policy

Implementation of National Manufacturing Policy

The Department notified the National Manufacturing Policy (NMP) through a Press Note dated 4th November, 2011 with the objective of enhancing the share of manufacturing in GDP to 25% and creating 100 million jobs over a decade or so. Sustainable development is integral to the spirit of policy and technological value addition in manufacturing has received special focus. The policy is based on the principle of industrial growth in partnership with the States. The Central Government will create the enabling policy framework, provide incentives for infrastructure development on a Public Private Partnership (PPP) basis through appropriate financing instruments, and State Governments will be encouraged to adopt the instrumentalities provided in the policy.

The implementation of the NMP has been taken up in right earnest. The Government has made progress in the following areas for implementing the policy in consultation with concerned Central Government agencies as well as the States:

• Rationalization and simplification of business regulations; • Initiating the process of simplification and rationalization of state level business regulations;

• Advisory to States on simplification & rationalization of business regulations and skill development;

• Constitution of the approval/monitoring mechanism under the policy;

• Scheme prepared under NMP on Technology Acquisition and Development Fund (TADF);

• Approval of Planning Commission accorded to the scheme under NMP on Master Planning of NIMZ;

• Guidelines for establishment of NIMZ and proforma for final approval of NIMZ circulated to State Governments;

• Definition of Cluster for dispensations under NMP circulated to State Governments;

• Guidelines and dispensations for clusters outside NIMZ under the NMP circulated to State Governments;

• Government has granted “in-principle” approval under the National Manufacturing Policy to Nine National Investment and Manufacturing Zones (NIMZs) outside the DMIC region. Eight Investment Regions under phase-I of Delhi Mumbai Industrial Corridor (DMIC) project have also been accorded ‘in-principle’ approval of Government for setting up as National Investment and Manufacturing Zones (NIMZs).

The information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Rajya Sabha today.
Implementation of National Manufacturing Policy Implementation of National Manufacturing Policy Reviewed by Ajit Kumar on 1:11 PM Rating: 5

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