Pranab says IIP data disturbing

The Index of Industrial Production (IIP) as per the new series (base year 2004-05) declined to 6.3 percent in April

New Delhi: Finance Minister Pranab Mukherjee on Friday described the decline in industrial growth rate in April as "disturbing" and said he would wait for more data to ascertain the trend.
"The IIP growth figures are disturbing. (We) need to wait for longer term IIP growth to see the trend", he told reporters here. To Read Full story – Click Here»

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