TMI BlogAnand Sharma attends first meeting of the reconstituted NMCC.X X X X Extracts X X X X X X X X Extracts X X X X ..... Anand Sharma attends first meeting of the reconstituted NMCC. - News and Press Release Dated:- 24-2-2012 - News - Press Information Bureau Government of India Ministry of Commerce Industry 24-February-2012 17:49 IST Anand Sharma attends first meeting of the reconstituted NMCC The Union Minister of Commerce, Industry Textiles, Shri Anand Sharma had an in depth interaction ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... with the reconstituted National Manufacturing Competitiveness Council (NMCC) headed by Dr. V. Krishnamurthy, here today. The first meeting was centered on how to attain the objective of 12-14% manufacturing growth rate envisaged in the National Manufacturing Policy. Mr. Ratan Tata, Mr. B. Muthuraman, Mr. Venu Srinivasan, Mr. Y.C. Deveshwar, Dr. V Sumantran, Mr. Mukul Kasliwal, Mr. Ajay Chowdhry, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Mr. B.P. Rao, Ms. Umma Reddy, Dr. Surinder Kapur, Mr. Arun Maira, Member, Planning Commission, Dr. Kaushik Basu, Chief Economic Adviser, Prof. S. Chaudhuri, Director IIT, Kanpur and Secretaries of the Department of IPP, Heavy Industry, MSME attended the meeting. There was unanimity that achieving 12-14% manufacturing growth rate and creating a 100 million jobs over the next ten years was absolu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tely critical for inclusive growth and social stability. The Members of the NMCC welcomed the National Manufacturing Policy. Shri Anand Sharma, Commerce and Industry Minister briefed the Members about the progress in implementation of the National Manufacturing Policy. He apprised the Leaders of Industry of the close interaction he was having with the States and highlighted the need for partners ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hip between the Central Government, State Governments and Industry in achieving the ambitious goals of the new Manufacturing Policy. Members highlighted the risk to manufacturing from difficulties relating to getting land and its high costs. The Minister explained that the National Industrial Manufacturing Zones (NIMZs) the first few of which have been identified were the key to providing affordab ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... le land with infrastructure for globally competitive manufacturing. The easing of regulatory burden on manufacturing specially for the small and medium enterprises was also essential for competitiveness. It was agreed that this should be given utmost priority. Representatives of Industry were of the view that a significant lowering of interest rates by the R.B.I. was essential for the revival ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of investment at the present juncture. **** DS/GK - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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