Visit the following Web sites to understand the current trends and the growth in India’s manufacturing sector: • http://indiabudget.nic.in/budget2013–2014/es2012– 13/echap-09.pdf •...

Visit the following Web sites to understand the current trends and the growth in India’s manufacturing sector:

• http://indiabudget.nic.in/budget2013–2014/es2012– 13/echap-09.pdf

• http://nmcc.nic.in/default.aspx (examine the contents under various heads)

• http://nmcc.nic.in/pdf/strategy_paper_0306.pdf (go through the report on a strategy for the manufacturing sector) Now, answer the following questions: (a) What is your understanding of the status of the manufacturing sector in the country? (b) What are the key steps that the National Manufacturing Competitiveness Program proposes to improve the competitiveness of manufacturing?