Finance Minister P Chidambaram described September IIP data as more encouraging the industrial growth of 4.8 per cent. Although he felt data collection must be improved and made more relevant, contemporary and universal.
After the poor results reported for the month of August 2008, the quick estimates of IIP for September 2008 are more encouraging. I say even while I maintain that data collection must be improved and made more relevant or more contemporary and universal, he said.
According to data released by the government today, the industrial output for August was revised upwards to 1.42 per cent against the provisional estimate of 1.3 per cent, which many experts had described as aberration.
After the poor results reported for the month of August 2008, the quick estimates of IIP for September 2008 are more encouraging. I say even while I maintain that data collection must be improved and made more relevant or more contemporary and universal, he said.
According to data released by the government today, the industrial output for August was revised upwards to 1.42 per cent against the provisional estimate of 1.3 per cent, which many experts had described as aberration.
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