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Share of Manufacturing Sector in GDP

Dated:- 12-8-2015 - Central Statistics Office (CSO) has adopted methodological changes and started providing share of sectors in Gross Value Added (GVA) at basic prices instead of shares in Gross Domestic Products (GDP) from 2011-12 onwards. The share of manufacturing GVA at current prices is given in the table: Sector 2010-11 2011-12 2012-13 2013-14 2014-15 Share of manufacturing GVA in total GVA (%) 14.8 18.1 17.9 17.3 17.2 Share of manufacturing GVA for 2010-11 is at factor cost, while from 2 .....

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tly simplifying and rationalizing the processes and the procedures for boosting investor sentiment, simplifying the Foreign Direct Investment (FDI) policy and correcting the inverted duty structure. Some of the recent initiatives towards this end include pruning the list of industries that can be considered as defence industries requiring industrial license, two extensions of two years each permitted in the initial validity of three years of the industrial license to take it up to seven years, r .....

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ore. The definition of investment by Non Resident Indians (NRIs), Person of Indian Origin (PIOs) and Overseas Citizen of India (OCIs) in FDI policy has been revised. Further, except for Defence and private sector banking for which specific conditions apply, composite caps on foreign investment have been recently allowed so that uniformity and simplicity are brought in across the sectors in FDI policy for attracting foreign investment. The Government has launched the e-biz Mission Mode Project un .....

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