UPSC Prelims 2012·GS1·economy·economic sectors and development

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 the codes given below:

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Last updated 23 May 2026, 3:31 pm IST
  1. A1 only
  2. B2 and 3 only
  3. C1 and 3 only
  4. D1, 2 and 3Correct

Explanation

The correct answer is D because all three initiatives were introduced under the National Manufacturing Policy to boost the manufacturing sector. 1. National Investment and Manufacturing Zones are mega industrial townships designed to provide world class infrastructure and a conducive business environment. 2. Single window clearance was implemented to simplify the regulatory process, reducing the time and cost for businesses to obtain necessary approvals and licenses. 3. The Technology Acquisition and Development Fund was created to help small and medium enterprises acquire clean and green technologies, providing subsidies for technology licensing and equipment. Together, these measures aim to increase the share of manufacturing in Indias GDP and create millions of jobs.
economy: What is/are the recent policy initiative(s) of Government of India to promote the growth of manufacturing sector? 1. Set

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