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NMA - No proposal so far received from Japan & China for setting up of Industrial Townships

By TIOL News Service


NEW DELHI, APR 27, 2015: THE
National Manufacturing Policy promotes rationalization and simplification of business regulations. As such Government has launched ‘e-BIZ' portal, which aims at providing various services of the Central Government, State Government and parastatal bodies through a single portal. 14 Central Government Services have been integrated with the portal. This helps improve ease of doing business in India by reducing the compliance burden on industry arising out of procedural and regulatory formalities. Ten States i.e. Punjab, Haryana, Delhi, Rajasthan, Uttar Pradesh, Odisha, West Bengal, Maharashtra, Andhra Pradesh and Tamil Nadu have been identified for integration of State Services at pilot stage.

No specific investment proposals in respect of National Investment and Manufacturing Zones have been received from Japan and China. However, The Government of Japan has announced their financial support for Delhi Mumbai Industrial Corridor(DMIC) project to an extent of US$ 4.5 billion in the first phase for projects with Japanese participation through a mix of lending from Japan International Cooperation Agency(JICA) and Japan Bank for International Cooperation(JBIC). Master Plans for three nodes namely Tumkur(Karnataka), Krishnapatnam (Andhra Pradesh) and Ponneri (Tamil Nadu) under the Chennai-Bengaluru Industrial Corridor are also being prepared with the help of JICA.

Government notified the National Manufacturing Policy in 2011 with a view to, inter-alia, enhancing the share of manufacturing in GDP to 25% by 2022; increase the growth of manufacturing sector to 12-14% over the medium term; increase the rate of job creation in manufacturing to create 100 million additional jobs by 2022 ,and enhance global competiveness of Indian manufacturing through appropriate policy support. Subsequently, the Make-in-India programme has been launched in 2014 with a focus on attracting businesses to invest and manufacture in India and to make India a global manufacturing hub.

This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Ms. Nirmala Sitharaman in a written reply in Lok Sabha on Friday.


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