Industry captains, including Tata Group head Ratan Tata and CMD of TVS Motor Venu Srinivasan are among members of the National Manufacturing Competitiveness Council (NMCC), reconstituted by the government.
The government wants to raise the share of manufacturing in the country's GDP to 25% by 2020 from 15-16% at present.
Chaired by industry veteran V Krishnamurthy, NMCC is an inter-disciplinary body which serves as a forum for coherent policy in the manufacturing sector.
While the NMCC has been giving various recommendations to the government for increasing the country's competitiveness in the global manufacturing, the Industry Ministry initiative for a new policy in this regard, is stuck due to inter-ministerial differences.
The proposal of the Department of Industrial Policy and Promotion to relax environment and labour laws in the proposed industrial enclaves has not found favour with the ministries of environment and labour.
Prime Minister Manmohan Singh has formed a Group of Ministers, headed by Agriculture Minister Sharad Pawar to resolve the differences.
Other corporate honchos on the council are: S Kumars Group Chairman Mukul Kasliwal, Larsen & Toubro CMD AM Naik, ITC CMD YC Deveshwar, Godrej & Boyce CMD Jamshyd Godrej and HCL Infosystems Chairman and CEO Ajai Chowdwry, according to an official statement.
Other than officials of different ministries and the Planning Commission, heads of three apex chambers--Ficci, CII, and Assocham are also on the council which was formed in 2004.
