What is/are the recent policy initiative(s) of Government of India to promote the growth of the 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 codes given below:
✓ Correct answer: d) 1, 2 and 3
ExplanationStatement 1 is correct : National Investment and Manufacturing Zones(NIMZs) are large areas of land de- veloped as industrial townships with state-of-the-art in- frastructure and facilities.They are designed to promote manufacturing investments and boost industrial growth.The Na- tional Manufacturing Policy (2011) proposed the establishment of NIMZs to make India a global manufacturing hub.Statement 2 is correct : The government has introduced a single window clearance system to simplify and expedite the process of obtaining approvals and clearances for setting up and operating manufacturing units.This reduces bureaucratic delays and improves the ease of doing business.Statement 3 is correct : The Technology Acquisition and De- velopment Fund (TADF) was established to support the ac- quisition and development of advanced technologies for the manufacturing sector.It aims to enhance the competitiveness of Indian industries by promoting innovation and technology adoption.80
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