All Exams Test series for 1 year @ ₹349 only
Question

In India, which of the following is NOT an objective of the National Manufacturing Policy?

The correct answer is

To double the exports of manufacturing goods by 2022.

Understanding India's National Manufacturing Policy Objectives

India's National Manufacturing Policy was introduced to boost the manufacturing sector's contribution to the economy, create jobs, and make the sector globally competitive and sustainable. Understanding its specific objectives is crucial for exam preparation.

Analyzing the Objectives of the National Manufacturing Policy

Let's examine each option provided to determine which one was NOT an objective of the policy.

  • Option 1: To increase the sectoral share of manufacturing in GDP to at least 25% by 2022.

    One of the primary goals stated in the National Manufacturing Policy was indeed to increase the share of the manufacturing sector in the country's Gross Domestic Product (GDP). The target set was to achieve a share of at least 25% by the year 2022. This was a key quantitative objective of the policy.

  • Option 2: To double the exports of manufacturing goods by 2022.

    While enhancing competitiveness and increasing exports were desired outcomes, the specific objective stated in the National Manufacturing Policy was not "to double the exports of manufacturing goods by 2022". The policy focused more broadly on increasing the manufacturing sector's contribution to GDP and job creation, along with improving competitiveness and technology. A specific target for doubling exports by a particular year was not listed as one of the core stated objectives of the policy.

  • Option 3: To increase the rate of job creation so as to create 100 million additional jobs by 2022.

    Job creation was a central focus of the National Manufacturing Policy. The policy aimed to significantly increase employment opportunities within the manufacturing sector. A specific goal related to employment was to create 100 million additional jobs in the manufacturing sector by the year 2022. This highlights the policy's emphasis on employment generation.

  • Option 4: To enhance global competitiveness, domestic value addition, technological depth and environmental sustainability of growth.

    These were fundamental qualitative objectives of the National Manufacturing Policy. The policy aimed to make Indian manufacturing globally competitive, encourage the use of domestic inputs and enhance value addition within the country, deepen technological capabilities, and ensure that manufacturing growth is environmentally sustainable. These were core pillars of the policy's strategy.

Identifying the Non-Objective

Based on the analysis of the known objectives of the National Manufacturing Policy, the statement "To double the exports of manufacturing goods by 2022" was not one of the explicitly stated primary objectives of the policy document. The policy outlined goals related to GDP share, job creation, competitiveness, technology, and sustainability, but not a specific target for doubling exports by 2022.

Therefore, the statement that is NOT an objective of the National Manufacturing Policy is the one about doubling manufacturing goods exports by 2022.

Revision Table: National Manufacturing Policy Objectives

Stated Objectives Description
Increase Manufacturing GDP Share Target of 25% of GDP by 2022
Job Creation Create 100 million additional jobs by 2022
Enhance Competitiveness Improve global competitiveness of Indian manufacturing
Increase Domestic Value Addition Promote local sourcing and value creation
Deepen Technological Capabilities Encourage adoption and development of technology
Promote Environmental Sustainability Ensure green and sustainable manufacturing practices

Additional Information: Context of Manufacturing Policies

Government policies like the National Manufacturing Policy play a vital role in shaping the industrial landscape of a country. They often involve a mix of targets for growth, employment, technological advancement, and sustainability. While increasing exports is usually a positive outcome of a strong manufacturing sector and a goal of trade policy, it may not always be listed as a core, quantitative objective of a broad manufacturing policy focused on domestic sector development.

Understanding the precise wording and targets of such policies is important. The focus is typically on building a strong, competitive, and employment-generating manufacturing base within the country, which in turn supports economic growth and potentially boosts exports.

Was this answer helpful?

Important Questions from Industrial Sector

  1. Unemployment arising due to mismatch between Job availability in the market and skills of available worker is called?

  2. Which of the following is NOT an aid or auxiliary to trade?

  3. Who released a special stamp entitled ‘Wheat Revolution’ in July 1968?

  4. Effect of The Industrial Policy, 1956 on industries was  .

  5. In which industrial policy was the investment limit for tiny industry/unit increased to ₹2 lakh?

Need Expert Advice?

Start Your Preparation with Prepp Mobile App

Download the app from Google Play & App Store
Download the app from Google Play & App Store
Prepp Mobile App