Government has reconstituted the National Manufacturing Competitiveness Council, NMCC. The 28 member panel is headed by Dr V Krishnamurthy. Following the reconstitution, the Government will be represented by the Member, Planning Commission, Secretaries from the Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, Finance, Heavy Industry and Ministry of Micro, Small and Medium Enterprises apart from the Director-General of the Council for Scientific and Industrial Research.

An official release stated that Chief Economic Advisor, Ministry of Finance Dr. Kaushik Basu and Dr. Isher Judge Ahluwalia of the Indian Council for Research in International Economic Relations are the two economists in the reconstituted body. The other members in the council are from various fields of the industry.

NMCC was set up by the Government as an inter-disciplinary body at the highest level to serve as a policy forum for credible and coherent policy initiatives in the manufacturing sector. The Council’s role is to energise and sustain the growth of manufacturing industries in India and also help in the implementation of strategies.