The department of industrial policy and promotion (DIPP) is set to champion a dramatic overhaul of government policy, including a change in the land acquisition law, in order to put manufacturing back on track so that job creation gets a much-needed boost and the prolonged slump in the economy can be reversed. In his first interview since taking over as DIPP secretary last month, Amitabh Kant told ET that the department has drawn up an action plan to be presented to the next government to open up foreign direct investment to many more sectors, alter labour laws to encourage job creation and push for amendments to the land acquisition law that has stalled a number of projects.

Read the Economic Times news report here.