How govt can create sustainable manufacturing growth in India | Authored by Dr. Ravindra Ojha

Agriculture, education and manufacturing sectors in an economy create wealth for human prosperity in the form of farm produce for consumption, intellectual output for innovative creation and physical product for comfort, respectively. The three are interwoven and each need a nudge today when the call for a boost to the economy of India has become paramount. The manufacturing sector in India continues to have a low share of around 15 percent in the GDP. There is no better time than now to accelerate the five key growth drivers already defined in the National manufacturing policy of India: having a 25 percent share of manufacturing sector in India’s GDP, creating 100 million jobs, providing depth to manufacturing, enhancing global competitiveness and ensuring environmental sustainability.

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