Why we need the Policy

ET, in its lead editorial on October 28, 2011, has described the National Manufacturing Policy (NMP) as 'a waste of time'. It concludes, "Let us work for these, and shun hollow policies." 'These' are ET's recommendations of solutions to accelerate growth of manufacturing, the thrust of which is to improve the environment for manufacturing more broadly, not only within a few zones. This candid editorial raises some important questions, not only about the NMP but also about processes of policymaking generally.

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