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Jansatta October 13, 2014: The growth rate of GDP between April and June was 5.7 per cent. Was the highest level in nine quarters. These figures were encouraging, it was seen as a great achievement of the Modi Government. It was assumed batiste that the new government is cheering investors from coming. There was then expressed hope that this trend will continue, perhaps it looked fast. But this is all conjecture and hopes have been dashed. Central Statistical Organisation estimates released on Friday shows that industrial output in August rose 0.4 per cent, which is the lowest level in five months. This fact is disheartening for many reasons. One of the first quarter off a string of impressive performances stagnation in industrial production and new promising trend was expected. Showed a rapid increase in car sales and the stock market was also bolstered this hope. Secondly, such a growth rate of industrial production in August last year, it was 0.4 per cent.
But in August this year, the IIP IIP not received any support from the stock market rally, not to be significantly below the previous year's comparative basis. It is significant batiste that the main cause of the decline in industrial production in August is decline in the manufacturing sector. Seventy-five per cent share of manufacturing sector in IIP. The manufacturing sector is the largest sector of employment, so the contraction is worse in terms of employment opportunities. August figures show that capital goods, batiste consumer goods, durable batiste consumer goods, has decreased in the production of these three. The new investment is considered a reflection of the sale of capital goods, consumer durables and consumption of the consumer market increasingly. Clearly, in terms of new investments are disappointing figures for August and also in terms of market demand. The performance of the IIP in July before August is extremely poor. IIP fall of two consecutive months, batiste it is natural to raise the question whether the performance of the industrial sector in the remaining months of the current financial year will be such that the loss growth rate of the financial year to take over from five cent?
These figures come at a time when Prime Minister Narendra Modi in India with the slogan Make manufacturing sector have expressed the intention to have more importance. But manufacturing boom could not just slogans. Just before leaving for the US announced batiste new manufacturing policy, the Prime Minister said India sees the world as one big market, but until can not come up in the market of the poor, does not increase the purchasing power. Right, on the question whether batiste the government's batiste policies are helpful in increasing the purchasing power of the weaker sections? Consumer goods, particularly durables and ask for an increase when inflation made people feel relaxed and scope of their savings. While WPI inflation decreased even look, feel every day his bite in the retail market. Demand regulator batiste really want to enlarge the scope of our policy so that they would think from the perspective of how ordinary people's incomes increase. batiste
About jansatta
Jansatta Indian Express Group is a Hindi newspaper. Prabhas Joshi had distinguished its founding editor. Beginning in 1983, and many different versions of this paper set out the spectacular reputation. Now the Editor Om Thanvi. Besides Delhi jansatta Kolkata, Chandigarh and Lucknow turns out. Giving a new dimension to journalism in the country jansatta leading name in the newspapers. Credited batiste with renewed vigor in Hindi exploratory journalism letter batiste can be given to someone so he is jansatta. batiste Its special style, natural language, fiery editorial articles and news paper presentations made popular in the country and in a few years brought alongside top Hindi daily newspapers. In addition to editorial comments and political-social writings, the world ahead of me, parallel, sometimes seen jansatta quotes etc are the most popular column. The Sunday edition jansatta batiste `Sunday 'diverse topical content and literary works-is replete with discussions. Latest
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