With the objective of
enhancing the share of manufacturing in GDP to 25% and creating 100 million
jobs over a decade or so, the Government has notified the National
Manufacturing Policy vide a Press Note dated 4th November, 2011
under which specific policy instruments have been conceptualized covering areas
such as rationalization and simplification of business regulations, financial
and institutional mechanisms for technology development, incentives for SMEs,
Special Focus Sectors, etc.
As per the
Index of Industrial Production (IIP), the growth of manufacturing sector during
the last three years and up to the month of January, 2015 is as under :-
|
Year/Month
|
Manufacturing
Growth (%)
|
|
2011-12
|
3.0
|
|
2012-13
|
1.3
|
|
2013-14
|
-0.8
|
|
2013-14
(April-January)
|
-0.3
|
|
2014-15
(April-January)
|
1.7
|
|
2014-15
|
|
April
|
3.0
|
|
May
|
5.9
|
|
Jun
|
2.9
|
|
Jul
|
-0.3
|
|
Aug
|
-1.1
|
|
Sep
|
2.7
|
|
Oct
|
-5.6
|
|
Nov
|
3.1
|
|
Dec
|
3.8
|
|
Jan
|
3.3
|
The Government has taken a number of Important
steps to gear up the manufacturing sector. These include (i) creation of an
investor facilitation cell (ii) dissemination of information on twenty five
priority sectors on ‘Make in India’s web-portal (http://www.Makeinindia.com) along with
details of FDI Policy, National Manufacturing Policy, Intellectual Property
Rights, Delhi-Mumbai Industrial Corridor and other National Industrial
Corridors (iii) issuance of ordinance to make land acquisition easier for
important projects (iv) a number of items taken off the licensing requirement
from Defence products’ list, etc. In the budget for 2015-16 measures have been
announce to set right the Inverted Duty Structure on a range of items, reduce
tax on the labour intensive leather sector and provide impetus to start-ups,
venture funds and entrepreneurship.
The Government has also
undertaken a series of measures to improve Ease of Doing business in India.
These are:-
(1)
14 Government of India services cutting across Department of
Industrial Policy and Promotion, Employee’s State Insurance Corporation (ESIC),
Employees’ Provident Fund Organisation (EPFO), Central Board of Direct Taxes
(CBDT), Reserve bank of India and Department of Corporate Affairs have been
integrated with the eBiz portal.
(2)
For trading across borders the requirement of forms has been brought
down to three.
(3)
A large number of components of Defence Products’ list have been excluded from
the purview of Industrial Licensing.
(4)
Dual use items, having military as well as civilian applications
(unless classifieds as defence items) have been excluded froms requirement of
Industrial Licence from Defence angle.
(5)
The application process for Industrial Licence and Industrial
Entrepreneur’s Memorandum has been made easy by simplifying the form and making
the processes online 24x7.
(6)
The validity period of Industrial Licence and security clearance from
Ministry of Home Affairs has been increased.
(7)
The process of registration with Employees’ Provident Fund
Organisation and Employees’ State Insurance Corporation has been made on line
and real-time.
(8)
The process of obtaining environment and forest clearances has been
made online.
(9)
Partial commencement of production is being treated as commencement
of production of all the items included in the licence.
(10)
A unified portal for Registration of Units for LIN, Reporting of
Inspection, Submission of returns & Grievance Redressal has been launched
by the Ministry of Labour & Employment.
(11)
The Department of Industrial Policy & Promotion has advised Ministries and
State Governments to simplify and rationalize the regulatory environment
through business process reengineering and use of information technology.
This information was
given by the Minister of State (Independent Charge) in the Ministry of Commerce
& Industry Smt. Nirmala Sitharaman in a written reply in Rajya Sabha today.
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RC