Home breadcru News breadcru Association/Org breadcru Govt plans it big for ensuring India as textiles, leather & chemicals mfg hub

Govt plans it big for ensuring India as textiles, leather & chemicals mfg hub

18 Apr '06
2 min read

The government has decided to constitute a high-level Committee on Manufacturing for implementation and regular review of initiatives as may be adopted by the government for achieving a sustained growth of 12 percent in manufacturing.

While the Prime Minister would Chair the Committee, the members would include Commerce & Industry Minister; Finance Minister; Minister of the sub-sector concerned; Deputy Chairman, Planning Commission; Chairman, Economic Advisory Council; Principal Secretary to Prime Minister and Chairman, National Manufacturing Competitiveness Council (NMCC), as Member/Convenor.

The permanent invitees would include: Member Secretary, NMCC; Commerce Secretary; Finance Secretary; Secretary, Department of Industrial Policy & Promotion; Secretary, Ministry of Heavy Industry & Public Enterprises; Secretary, Ministry of SSI &ARI; and Secretary, Economic Advisory Council.

The Committee would address macro-economic issues impinging on the growth and competitiveness of the manufacturing sector in India, and create a policy framework for necessary reforms covering all the aspects of manufacturing competitiveness.

The Committee would also ensure coordination among the various Ministries which deal with manufacturing sub-sectors and review the implementation of time-bound action plans to achieve the objective of 12 percent growth in manufacturing.

The Committee would initiate steps to make India a manufacturing hub for areas having potential for global competitiveness such as textiles, automobiles, leather, food processing, steel, metals, chemicals & Petroleum products.

The Committee would ensure robust growth of manufacturing sector through appropriate interventions such as investments in innovation and technology, skill building, right market framework and regulatory environment etc.

Information Bureau Government of India

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