1. To increase manufacturing sector growth to 12-14 percent over the medium turn.
2. To create 100 million additional Jobs by 2025 in manufacturing sector.
3. To enhance global competitiveness of Indian manufacturing through appropriate policy support.
4. To increase manufacturing exports at the rate of 25 percent per annum during XII Plan period.
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Correct Answer: (a) 1, 2 and 3
Solution:The Government of India has released the National Manufacturing Policy (NMP) on 4 November, 2011 with the objective of enhancing the share of manufacturing in GDP to 25% within a decade and creating 100 million jobs.NMP aims to increase manufacturing sector growth to 12-14% over the medium term and to enhance global competitiveness of Indian manufacturing through appropriate policy support. It also seeks to empower rural youth by imparting necessary skill sets to make them employable.