what is the desire rate of manufacturing industries in our country name the agency who measured it
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Explanation:
The share of manufacturing sector has stagnated at 17% of GDP. The trend of growth rate over the last decade has been around 7% per annum. Since 2003, it has shown an increased growth rate of 9-10% per annum. The desired growth rate over the next decade is 12%. To attain this target, following steps can be taken:
Appropriate policy interventions by the government.
Renewed efforts by the industries to improve productivity.
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