https://www.taxtmi.com/news?id=2469 Moderation in industrial output has been observed from June 2011, with declines and decelerations across key sectors and an overall slowdown in the index of industrial production. Identified contributory factors include weaker consumption expenditure, underperformance in construction, higher interest rates increasing the cost of capital, and global economic uncertainty, without quantification of each factor's contribution. The Government has promoted industrial investment, improved business environment measures, infrastructure development via public-private initiatives, and skills development, and announced the National Manufacturing Policy to reduce compliance burden and enhance manufacturing's share of GDP and employment. en-us Wed, 30 Nov 2011 14:27:31 +0530 Wed, 30 Nov 2011 14:27:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2469 Moderation in industrial output has been observed from June 2011, with declines and decelerations across key sectors and an overall slowdown in the index of industrial production. Identified contributory factors include weaker consumption expenditure, underperformance in construction, higher interest rates increasing the cost of capital, and global economic uncertainty, without quantification of each factor's contribution. The Government has promoted industrial investment, improved business environment measures, infrastructure development via public-private initiatives, and skills development, and announced the National Manufacturing Policy to reduce compliance burden and enhance manufacturing's share of GDP and employment. News - Wed, 30 Nov 2011 14:27:31 +0530 https://www.taxtmi.com/news?id=2469