The IIP data reveals 9 of the 22 industry groups in manufacturing sector showed negative growth in April 2016.
A total of 8.5 lakh jobs were created in eight major cities across the country, the report said.
Industry body Assocham on Tuesday came out strongly in support of bread makers, saying the use of potassium bromate is with “full knowledge” of FSSAI and termed the research findings about presence of ‘hazardous’ elements in bread as “scare-mongering” by NGOs. “The NGOs are free to be watchdogs, but they must realise that their reports […]
Calling the NDA government “a work in progress”, the business lobby group gave it an overall performance rating of 7 on a scale of 10.
“The rough estimate indicates that this drought will cost national economy at least Rs 6,50,000 crore or say $100 billion,”
The awards is supported by the Union Ministry of Skill Development and Entrepreneurship.
The proposals formed part of its pre-Budget recommendations to the Finance Ministry. An allowance of up to Rs 2,500 per child every month for up to two children should be provided, it added.
“Goods and Services Tax is a key ‘brahmastra’ for our GDP. Lawmakers across parties should pass the Constitutional Amendment Bill on GST without further delay,” the new Assocham President Sunil Kanoria said.
Retail inflation in pulses and products category has risen after prices of lentils reached as high as Rs 210/kg, while that of spices have witnessed rose 9.2 per cent, it said.
“Arunachal Pradesh, Assam and Manipur’s economic growth rate is recorded at a rate that is lower than the Northeast region’s average growth rate,” noted Assocham.
A report on the region, prepared by ASSOCHAM which was released by its secretary general DS Rawat here on the occasion of inauguration of its regional headquarters in the Assam capital
According to Assocham, an overwhelming part of India Inc perceives the NDA government to be free from corruption, but feels that a strong sense of oversight on bureaucrats.
The study said the total tourist arrival in UP has increased by over 34 per cent year-on-year from 17 crore in 2012 to 23 crore in 2013.
The current annual trade volume between Pakistan and India is around USD 3 billion, which could increase manifold.
Maharashtra, including Mumbai, also attracts the second best number of foreign tourists in the winter season.