India will formulate its new policy for increasing share of manufacturing in its gross domestic product with a view to create additional jobs in the country. Commerce and Industry Minister Anand Sharma told PTI that Prime Minister Manmohan Singh has convened a meeting on June 2 of senior ministers to give a direction for firming up the policy. Its draft prepared by the industry ministry has suggested flexibility in labour laws and changes in environment norms in big industrial enclaves. Mr. Sharma is leading a CII delegation for the 'India Show' in the run-up to India-Africa Forum Meeting to be attended by Dr. Manmohan Singh. He said that increasing the manufacturing share in the economy is a priority as millions of skilled workforce is expected to join the segment in the near future.