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:
Answer & explanation
Answer: (d) 1, 2 and 3
All three measures come from the National Manufacturing Policy (NMP) of 2011. The NMP created National Investment and Manufacturing Zones (NIMZs) and provides for a Technology Acquisition and Development Fund. It also routes land allotment and other clearances for NIMZ units through a single body, the zone's Special Purpose Vehicle (SPV), which gives single-window clearance.
- ✓ 1. The NMP's main instrument is the creation of large integrated industrial townships called National Investment and Manufacturing Zones (NIMZs). These have state-of-the-art infrastructure and land use based on zoning.
- ✓ 2. In the NMP's NIMZ framework, proposals for individual units in a zone go to the zone's Special Purpose Vehicle (SPV). The SPV considers them for land allotment and other clearances. One agency handling a unit's clearances is the single-window facility for NIMZ units.
- ✓ 3. The NMP provides that the Central Government will set up a Technology Acquisition and Development Fund. Its stated uses include creating a patent pool and giving incentives for producing environment-friendly machines and equipment.
Remember · National Manufacturing Policy 2011 (targets: manufacturing at 25% of GDP, 100 million jobs) = NIMZs + single-window clearances through the zone SPV + Technology Acquisition and Development Fund.
Sources
- PIB, Ministry of Commerce & Industry – National Manufacturing Policy (NIMZs) ↗ “creation of large integrated industrial townships called National Investment and Manufacturing Zones (NIMZs) with state-of-the-art infrastructure; land use on the basis of zoning”
- DIPP – National Manufacturing Policy: Guidelines for establishment of NIMZs (Technology Acquisition and Development Fund, para 29) ↗ “The Central Government will set up a Technology Acquisition and Development Fund for creation of a patent pool; incentivization of production of environment friendly machines/ equipment … Proposals for establishment of individual units / other entities in the NIMZ will be considered for land allotment and other clearances by the SPV”
- PIB – Implementation of National Manufacturing Policy (26 Nov 2014) ↗ “Scheme prepared under NMP on Technology Acquisition and Development Fund (TADF)”
Question: UPSC Civil Services (Preliminary) 2012, General Studies Paper I. Explanation: Minimalist IAS, checked 25 Oct 2026 (how we verify). ·
