SME Times News Bureau | 17 Mar, 2018
The country's new industrial
policy which is at a draft stage will focus on ways to increase the
share of manufacturing sector in the GDP, Commerce and Industry Minister
Suresh Prabhu said on Friday.
Addressing the News18 Rising India
Summit, he said that the draft of the new "Industrial Policy's" is
ready and the government will take the views of all the stakeholders.
According
to the minister, India's GDP has been growing largely due to the
service sector, whereas agriculture sector is lagging behind due to
structural issues.
Prabhu added that there is a need to make business easier for industry even at the district-level.