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
