The government is planning a new policy to give the manufacturing sector a leg up, as it reckons that the current set of schemes hasn’t met the objective of increasing India’s share in global manufacturing. According to official sources, the new policy, to be implemented at the earliest, will take into account the fresh challenges to India’s factories from the global trade war and persisting protectionism. Any new incentives for manufacturing under the policy might be linked to job creation and commitments on capital expenditure.