The National Manufacturing Policy in India was announced in _____.
Show answer & explanation
Correct answer: C
Explanation
Correct Answer:
Option 3: 2011
Explanation:
The National Manufacturing Policy was announced in 2011 by the Government of India. Its aim was to strengthen the manufacturing sector and increase its share in GDP. It proposed the establishment of National Investment and Manufacturing Zones (NIMZs) and aimed to boost employment and global competitiveness. It also laid the foundation for the ‘Make in India’ initiative.
Additional Facts:
Option 1: 2003 is incorrect.
Option 2: 2007 is incorrect.
Option 4: 2015 relates to later initiatives, not the policy.
Probable Exam Questions:
Q: When was Make in India launched?
A: 2014
Q: Full form of NIMZ?
A: National Investment and Manufacturing Zones
Q: Target share of manufacturing in GDP?
A: Around 25%
Q: Aim of Make in India?
A: Promote manufacturing