Q34.
What is/are the recent policy initiative(s) of Government of India to promote the growth of manufacturing sector? 1. Setting up of National Investment and Manufacturing Zones. 2. Providing the benefit of 'single window clearance'. 3. Establishing the Technology Acquisition and Development Fund. Select the correct answer using codes given below:
Answer
D
Explanation
All three are policy initiatives of the Government of India to promote manufacturing growth: National Investment and Manufacturing Zones (NIMZs) are large integrated industrial townships with state-of-the-art infrastructure. Single window clearance reduces bureaucratic hurdles for investors. Technology Acquisition and Development Fund was established to help Indian manufacturers acquire clean and green technologies. All three are part of the National Manufacturing Policy.