Question : In India, which of the following is not an objective of the National Manufacturing Policy?
Option 1: To increase the sectoral share of manufacturing in GDP to at least 25% by 2022.
Option 2: To double the exports of manufacturing goods by 2022.
Option 3: To increase the rate of job creation to create 100 million additional jobs by 2022.
Option 4: To enhance global competitiveness, domestic value addition, technological depth, and environmental sustainability of growth.
Correct Answer: To double the exports of manufacturing goods by 2022.
Solution : The answer is To double the exports of manufacturing goods by 2022 .
On November 4, 2011, the Ministry of Commerce and Industry's Department of Industrial Policy and Promotion (DIPP) notified the National Manufacturing Policy (NMP). The National Manufacturing Policy aims to improve global competitiveness, domestic value addition, technological depth, and environmental sustainability of growth. It also seeks to increase the sectoral share to accelerate job creation to create 100 million new jobs.
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