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Initiatives to Arrest Slowdown in Industrial Production

Dated:- 4-3-2015 - The industrial growth, measured in terms of Index of Industrial Production (IIP), has declined during the last three years from 2.9% in 2011-12 to 1.1% in 2012-13 and further to (-) 0.1% in 2013-14. IIP has thereafter, recorded a p .....

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al simplifications as well as promotional measures. These include pruning the list of industries that can be considered as defence industries requiring industrial license, two extensions of two years each in the initial validity of three years of the .....

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g domestic industry have been addressed. The recent amendments in Foreign Direct Investment (FDI) policy include allowing FDI in Defence up to 49% and FDI in Railway infrastructure up to 100%, easing the norms for FDI in construction and exempting FD .....

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d effective has been taken up. Integration of 14 Central Services through the e-Biz Platform has been already completed. The Government has launched a Make in India initiative with 25 thrust sectors to provide a major push to manufacturing in India. .....

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