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India to scrap US$23b manufacturing scheme as red tape, missed targets stall progress

Malay Mail LogoMalay Mail1d ago

India to scrap US$23b manufacturing scheme as red tape, missed targets stall progress - Malay Mail

Quick Summary:

NEW DELHI, March 25 — Indian Prime Minister Narendra Modi’s government has decided to let lapse a US$23 billion programm...

In a separate statement on Saturday, the commerce ministry said participating firms had produced US$163 billion worth of goods as of November 2024.

Two of the government officials told Reuters the end of the programme did not mean Delhi had abandoned its manufacturing ambitions and that alternatives were being planned.

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India to scrap US$23b manufacturing scheme as red tape, missed targets stall progress - Malay Mail (Picture 1)India to scrap US$23b manufacturing scheme as red tape, missed targets stall progress - Malay Mail (Picture 2)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-25 @ 07:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 1153 words

Reading Time: 7 minutes read

Sentences: 50 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 27302651

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About Malay Mail

Malay Mail Logo

Main Topics: EconomyBusiness

Official Website: malaymail.com

Update Frequency: 17 posts per day

Year Established: 1896

Headquarters: Malaysia

News Last Updated: 35 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #106

Publisher Details

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The story "India to scrap US$23b manufacturing scheme as red tape, missed targets stall progress" has 1153 words across 50 sentences, which will take approximately 5 - 10 minutes for the average person to read.

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The story "India to scrap US$23b manufacturing scheme as red tape, missed targets stall progress" was covered 1 days ago by Malay Mail, a news publisher based in Malaysia.

How trustworthy is 'Malay Mail' news outlet?

Malay Mail is a fully independent (privately-owned) news outlet established in 1896 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 17 news stories per day.

It's most recent story was published 35 minutes ago.

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  • News ID: #27302651
  • URL: https://beamstart.com/news/india-to-scrap-us23b-manufacturing-17428586827263

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