The last July was for Indian industrial growth. It was up to 7.1% however it is lower than last year because in the last year it was about 8.3%. The growth is a breath for Indian government because inflation was tension for the government.
About its growth Hindustan Times writes, “While the manufacturing, which contributes about 80 per cent to IIP, grew by 7.5 per cent in July, compared with 8.8 per cent a year ago, electricity generation was up by 4.5 per cent, against 7.5 per cent.” Hindustan Times is an online and off line daily news paper. Further it writes, “As such, industrial growth turned out to be 5.7 per cent in the first four months of this fiscal, against 9.7 per cent a year ago.”
This analysis can be accurate but what is the cause of industrial growth however inflation was high for the Indian state. It is recent update for last July. In my analysis it is the cause of Bihar flood and nothing else.
Before it there was no scene to invest and growth. All the economy was in inflation and Sensex was down. There was no need of production but now its need has developed because Bihar flood has destroy about 5 lack people home and economy.
About its growth Hindustan Times writes, “While the manufacturing, which contributes about 80 per cent to IIP, grew by 7.5 per cent in July, compared with 8.8 per cent a year ago, electricity generation was up by 4.5 per cent, against 7.5 per cent.” Hindustan Times is an online and off line daily news paper. Further it writes, “As such, industrial growth turned out to be 5.7 per cent in the first four months of this fiscal, against 9.7 per cent a year ago.”
This analysis can be accurate but what is the cause of industrial growth however inflation was high for the Indian state. It is recent update for last July. In my analysis it is the cause of Bihar flood and nothing else.
Before it there was no scene to invest and growth. All the economy was in inflation and Sensex was down. There was no need of production but now its need has developed because Bihar flood has destroy about 5 lack people home and economy.
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