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Steps to Revive Manufacturing Growth

Dated:- 9-12-2015 - After revision of base year of National Accounts from 2004-05 to 2011-12, growth rate of different sectors is measured in terms of growth rate of Gross Value Added (GVA) at Basic Price in that sector. The growth rate of GVA at Basic Price at constant (2011-12) prices in manufacturing during Q4 (January-March) 2014-15, Q1 (April-June) 2015-16 and Q2 (July-September) 2015-16 was 8.4 %, 7.2 % and 9.3 % respectively. The Government has taken a number of measures including adminis .....

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uiring 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, removal of stipulation of annual capacity in the industrial license, and deregulating the annual capacity for defence items for Industrial License. For defence projects validity of industrial licenses has been increased to 15 years, which can be further increased to 18 years. With a view to liberalise and simplify the FDI policy, so .....

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d as on date provides 20 Central G2B (Government to Business) services and 16 State/Municipal services, online. The Delhi Mumbai Industrial Corridor (DMIC) project is under implementation. In addition, the Government has conceptualized Amritsar Kolkata Industrial Corridor, Chennai-Bengaluru Industrial Corridor, Bengaluru Mumbai Economic Corridor and the Vizag-Chennai Industrial Corridor (as the first phase of an East Coast Economic Corridor), and setting up a National Industrial Corridor Develop .....

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