What is/are the recent policy initiative(s) of Government of India to promote the growth of the manufacturing sector?
- Setting up of National Investment and Manufacturing Zones
- Providing the benefit of ‘single window clearance’
- Establishing the Technology Acquisition and Development Fund
Select the correct answer using the codes given below:
Detailed Explanation:
✅ Statement 1 – Correct: National Investment and Manufacturing Zones (NIMZs) were announced in the National Manufacturing Policy 2011 to create integrated industrial townships with world-class infrastructure for promoting investment and manufacturing.
✅ Statement 2 – Correct: Single Window Clearance mechanism has been implemented through platforms like eBiz portal and Industrial Development Portal to provide time-bound approvals and reduce compliance burden on businesses.
✅ Statement 3 – Correct: Technology Acquisition and Development Fund (TADF) was established under the Ministry of Science and Technology to facilitate acquisition and development of clean, green and energy-efficient technologies by Indian industry.
Question 6 of 6 Industrial Policies
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