New Delhi, Oct 11 (KNN) To give a fillip to manufacturing and attract global value chains in India, Government of India has begun work for moulding a new Industrial Policy. 

Ministry of Commerce and Industry has constituted a Working Group to be chaired by Secretary,  Department for Promotion of lndustry and lnternal Trade (DPIIT), Ministry of Commerce and industry with representation from other central economic Ministries, States and Industry bodies. 

The Working Group has been tasked to prepare the contours for a new Industrial policy.

“The Working Group is to consult stakeholders across the spectrum including domain experts, academia, think-tanks and industry to identify pain points of industry, develop actionable solutions for the short term and medium term and delineate the role for the private sector in achieving the national targets”, says the official communique.

Four premier trade bodies included in the group are FICCI, CII, ASSOCHAM, Federation of Indian Micro and Small & Medium Enterprises (FISME) and FIEO.

Besides Chief Secretaries of Maharashtra, Odisha, Punjab, Tamil Nadu and Uttar Pradesh, senior officials from the union Ministries namely  Department Agriculture & Farmer Welfare, Department of commerce, Department of Economic Affairs, Department of Financial Services,  Department of Revenue and Ministry of MSME are made member of the group. (KNN Bureau)

---------------------