‘Industrial policy must create jobs’

‘Industrial policy must create jobs’

The proposed new Industrial Policy, while addressing ways to incorporate the use of modern smart technologies for advanced manufacturing in India, should also look at creating more jobs as well as boosting the economic activities of Self-Help Groups (SHG), said Commerce Minister Suresh Prabhu.

Meeting economists, academicians and industry leaders for inputs regarding the formulation of the new Industrial Policy, the Minister said “we need to think about linking the economic activities of the SHGs [to the new policy to give them a boost]. These are grass-root level organisations that are both informal and a bit formal.”

 The Hindu
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