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 Fun Select the correct answer using the codes given below:

QUESTION

Medium

Economy

Prelims 2012

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

Setting up of National Investment and Manufacturing Zones
Providing the benefit of ‘single window clearance’
Establishing the Technology Acquisition and Development Fun

Select the correct answer using the codes given below:

Select an option to attempt

Explanation

The Government of India has taken several initiatives to promote the growth of the manufacturing sector.

These include the setting up of National Investment and Manufacturing Zones, which are designed to promote investment and boost manufacturing.

The government has also implemented a 'single window clearance' system to streamline the process of obtaining necessary approvals and clearances for businesses.

Additionally, the Technology Acquisition and Development Fund has been established to facilitate the acquisition of clean, green and energy-efficient technologies.

Therefore, all three statements are correct.

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