UPSC Prelims 2012 · Question 34 of 98

UPSC Prelims 2012 question on Nimz Manufacturing Policy

What is/are the recent policy initiative(s) of Government of India to promote the growth 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.

  1. 1 only
  2. 2 and 3 only
  3. 1 and 3 only
  4. 1, 2 and 3
Show answer

Answer: D. 1, 2 and 3

Verdict

Correct Answer: 1, 2 and 3

All three are correct because NIMZs, single window clearance and the Technology Acquisition and Development Fund were policy initiatives to promote India’s manufacturing sector.

Analysis

The National Manufacturing Policy, 2011 aimed to boost India’s manufacturing sector, raise its share in GDP and generate large-scale employment.

Statement by statement

1. Setting up National Investment and Manufacturing Zones — Correct

National Investment and Manufacturing Zones were proposed as large integrated industrial townships.

They were meant to provide world-class infrastructure, easier regulation and support for manufacturing growth.

2. Providing the benefit of single window clearance — Correct

Single window clearance aims to reduce delays in approvals and permissions.

It helps investors get required clearances through a simplified and coordinated mechanism.

3. Establishing the Technology Acquisition and Development Fund — Correct

The Technology Acquisition and Development Fund was meant to help industries, especially MSMEs, acquire and develop advanced and cleaner technologies.

It supports technology upgradation and competitiveness in manufacturing.

Extra UPSC info

* National Manufacturing Policy was announced in 2011.

* Its target was to increase manufacturing’s share in GDP to 25%.

* It also aimed to create 100 million additional jobs.

* NIMZs were planned as large industrial zones with integrated infrastructure.

* Single window clearance is linked with ease of doing business.

* Make in India and PLI schemes later continued the focus on manufacturing growth.

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