Union Government approves winding up of National Manufacturing Competitiveness Council

The Union Government has decided to wind up of National Manufacturing Competitiveness Council (NMCC) with immediate effect as it has fulfilled the mandate.
Decision in this regard was taken by the Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Narendra Modi after it was observed that NMCC has fulfilled the mandate for which it was constituted.

About National Manufacturing Competitiveness Council (NMCC)

• The erstwhile UPA government had established NMCC in 2004 as a part of its Common Minimum Programme (CMP).
• Its mandate was to provide a continuing forum for policy dialogue to energize and sustain the growth of manufacturing industry.
• It was established as an autonomous organization with its Chairman in the rank of a Cabinet Minister and members from Government and Industry.
• Since its inception, NMCC had conducted various studies independently in consultation with several Government Ministries Departments and also industry association.

Month: Current Affairs - March, 2016