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INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH
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ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016
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Paper Title: Revitalizing Manufacturing Sector: the fulcrum of job-generation in India
Authors Name: Dr Malini Pande
Unique Id: IJSDR16JE02001
Published In: Volume 1 Issue 2, February-2016
Abstract: In 1991-92 the government deregulated and liberalized a number of sectors and allowed entrepreneurship to bloom. It also initiated several reforms in the financial sector. However, the focus was not on manufacturing sector reforms. The anxiety is that India’s manufacturing sector has stagnated at about 16 per cent of GDP, with India’s share in global manufacturing at only 1.8 per cent. Manufacturing sector has the capacity to generate jobs and growth of the manufacturing sector is also critical for correcting India’s trade balance. India may be on the cusp of a new wave of growth that will deliver jobs and prosperity to millions of Indians, but we will only be able to grasp that opportunity if we find a way to release the latent potential inherent in our manufacturing sector.
Keywords: Economic reforms, Manufacturing, GDP, Employment generation, New Manufacturing Policy.
Cite Article: "Revitalizing Manufacturing Sector: the fulcrum of job-generation in India", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.1, Issue 2, page no.1 - 3, February-2016, Available :http://www.ijsdr.org/papers/IJSDR16JE02001.pdf
Downloads: 000102287
Publication Details: Published Paper ID: IJSDR16JE02001
Registration ID:160026
Published In: Volume 1 Issue 2, February-2016
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Page No: 1 - 3
Publisher: IJSDR | www.ijsdr.org
ISSN Number: 2455-2631

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