Business Standard

Good IIP means we are on right track: Ahluwalia

Image

Reuters New Delhi

A good industrial output print for February would mean India's economy is moving to a normal growth trajectory, the deputy chairman of the Planning Commission, Montek Singh Ahluwalia, said on Monday.

Earlier, industrial output in January grew at its fastest pace in seven months, powered by a surge in manufacturing including consumer non-durables, government data showed on Monday.

India's economy is forecast to expand at its slowest pace in three years in the fiscal year that ends on March 31.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 12 2012 | 1:52 PM IST

Explore News