Question : . REVIVAL OF CLOSED INDUSTRIES

(a) the present status of industrial growth in the country;

(b) whether the rate of industrial growth has declined during the current year as compared to the last year;

(c) if so, the details thereof, sector/ month-wise and the reasons therefor;

(d) the number of industries which have been closed down during the said period, State/UT-wise; and

(e) the corrective measures taken/being taken by the Government in this regard?

THE MINISTER OF COMMERCE AND INDUSTRY (SHRI ANAND SHARMA)

(a)to (e): A Statement is laid on the Table of the House.

STATEMENT REFERRED TO IN REPLY TO LOK SABHA STARRED QUESTION NO. 85 FOR ANSWER ON 12TH AUGUST, 2013 REGARDING “REVIVAL OF CLOSED INDUSTRIES”.

(a) to (c): The industrial performance measured in terms of Index of Industrial Production (IIP) reflects movements in production of manufacturing, mining and electricity over base of 2004-05. The growth rate of IIP has moderated to 1.1 % in 2012-13 from 2.9 % in 2011-12. During April-May, 2013 the IIP grew at 0.1 % compared to 0.6 % during corresponding period of previous year. The moderation in industrial growth can be attributed to both domestic as well as international factors which, inter-alia, include decline in export demand due to global slowdown, moderation in domestic demand, inflationary pressures, increase in input costs etc. The details of IIP, sector and month-wise, are given in Table-1& Table-2 in Annexure.

(d) & (e): The details of industries closed down are not centrally maintained. However, the Central Government has taken a number of short and medium term measures to boost the industrial growth of the country. These, inter-alia, include announcement of National Manufacturing Policy (NMP), 2011, simplification and rationalization of the Foreign Direct Investment (FDI) Policy, implementation of Delhi Mumbai Industrial Corridor (DMIC) project, launching of the e-biz Mission Mode Project under the National e-Governance Plan, and creating a joint venture ‘Invest India’ in association with FICCI. Besides, incentives are given for helping industries in difficult areas through Plan Schemes of Transport Subsidy, special package of incentives for Special Category States, North-East Industrial & Investment Promotion Policy, 2007, and specific programmes like Industrial Infrastructure Upgradation Scheme, Indian Leather Development Programmes etc.