However, several challenges and impediments hindered the sustained growth of the manufacturing sector. Here are key challenges
Tag:
manufacturing sector
UPSC - Mains Solved Paper GS 3
“Industrial growth rate has lagged behind in the overall growth of Gross Domestic Product (GDP) in the post-reform period” Give reasons. How far are the recent changes in Industrial Policy capable of increasing the industrial growth rate? ( 250 Words, 15 Marks)
by Edukemy Team
The trajectory of industrial growth in the post-reform period has presented a conspicuous divergence from the overall Gross Domestic Product (GDP) growth, as the industrial sector has struggled to keep pace with the broader economic expansion.
UPSC - Mains Solved Paper GS 3
Account for the failure of the manufacturing sector in achieving the goal of labour-intensive exports. Suggest measures for more labour intensive rather capital-intensive export. (150 Words, 10 Marks)
by Edukemy Team
The failure of the manufacturing sector to attain the objective of labor-intensive exports can be attributed to a confluence of factors that have impeded the sector’s growth.