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09Jun 2025

NATIONAL MISSION TO BOOST MANUFACTURING SECTOR

NATIONAL MISSION TO BOOST MANUFACTURING SECTOR Syllabus: GS Paper -3 Industrial Policy, Infrastructure Growth & Development Why in the News? The Union Budget 2025-26 announced the launch of the National Manufacturing Mission (NMM) to revive and strengthen India’s manufacturing sector. With the goal of increasing its contribution to GDP and global output share, this mission …

01Jun 2024

MANUFACTURING SECTOR DRIVES GDP GROWTH TO 8.2% IN FISCAL YEAR

Why in the news? India’s real Gross Domestic Product (GDP) for FY24 grew by a faster-than-expected 8.2%, exceeding the initial projection of 7.3% by the National Statistical Office (NSO). Nominal GDP witnessed a growth rate of 9.6% in FY24, with real Gross Value Added (GVA) expanding by 7.2%. The significant growth in the manufacturing sector …

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NATIONAL MISSION TO BOOST MANUFACTURING SECTOR

MANUFACTURING SECTOR DRIVES GDP GROWTH TO 8.2% IN FISCAL YEAR

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