UPSC Articles
Inter-Ministerial Committee set up To Strengthen The Capital Goods Sector
Part of: GS Prelims and GS-III – Economy
In news
- The government has set up a 22-member inter-ministerial committee in strengthening the Capital Goods (CG) Sector to make this sector globally competitive and to become the manufacturing hub for the world.
Key takeaways
- The Committee will look into issues pertaining to the Capital Goods Sector including technology development, mother technology development, global value chains, skill training, global standards, custom duties, etc.
- Chairmanship: Secretary of Department Heavy Industries
- The committee shall meet quarterly
