At the current pace, the policy is set to miss its target of supporting over 15 lakh electric vehicles by the end of fiscal year 2022. Click to know more.
The manufacturing sector and micro, small and medium enterprises (MSME) are spearheading economic growth in the country after the outbreak of Covid-19 while many contact-intensive services sub-sectors remain severely affected by the crisis, RBI Governor Shaktikanta Das said on Thursday.
However, the recent government initiatives under AatmaNirbhar Bharat Abhiyaan and Union Budget 2021-22 towards developing a vibrant manufacturing sector and infrastructure acknowledges strong linkages they have with rest of the sectors, he said in his keynote address at the Bombay Chamber of Commerce and Industry.
Das said the Production Linked Incentive (PLI) Scheme aims to make India an integral part of the global value chain. This along with reforms in labour market can go a long way in propelling growth to an elevated trajectory for the manufacturing sector and reap its employment potential.
Read more about Manufacturing, MSMEs spearheading economic growth: RBI Governor Das on Business Standard. Mumbai (Maharashtra) [India], February 25 (ANI): The manufacturing sector and micro, small and medium enterprises (MSME) are spearheading economic growth in the country after the outbreak of Covid-19 while many contact-intensive services sub-sectors
Govt Clears Rs 7 350 Cr PLI Booster For Production Of Laptops Tablets PCs businessworld.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessworld.in Daily Mail and Mail on Sunday newspapers.