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Industrial Growth

Dated:- 21-12-2015 - The rate of , measured in terms of Index of Industrial Production (IIP) increased by 4.8 per cent during April-October, 2015-16 as compared to the growth of 2.2 per cent during the same period of previous year i.e. 2014-15. All the three industrial sectors viz. mining, manufacturing and electricity have registered positive growth of 2.0 %, 5.1 % and 5.2 % respectively, during April-October, 2015-16. The Government has taken a number of measures to increase which, inter-alia, .....

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art infrastructure, Government is implementing Delhi Mumbai Industrial Corridor (DMIC) project. 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 Development Authority (NICDA) for coordinating and overseeing progress of the various industrial cor .....

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section 80JJAA of the Income Tax Act provides tax incentives on additional employment in manufacturing. One of the objectives of the National Manufacturing Policy (NMP) within Make in India programme is to create 100 million additional jobs by 2022 in manufacturing sector. The focus sectors of the policy include employment-intensive industries like textiles and garments, leather and footwear, gems and jewellery and food processing industries. The labour intensive sector small & medium enterp .....

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