https://www.taxtmi.com/news?id=3619 Index of Industrial Production contracted in April-June 2012-13 due mainly to manufacturing and mining weakness; manufacturing was affected by global uncertainty, sluggish domestic demand and higher interest rates, while mining was constrained by regulatory and environmental clearances and reduced international demand. Government measures include the National Manufacturing Policy with National Investment and Manufacturing Zones, facilitation of foreign investment, skills development, promotion of private and foreign participation in oil and gas, and the Mines & Minerals (Development and Regulation) Bill, 2011. A Working Group will review IIP methodology and base-year revision. en-us Mon, 13 Aug 2012 18:36:04 +0530 Mon, 13 Aug 2012 18:36:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3619 Index of Industrial Production contracted in April-June 2012-13 due mainly to manufacturing and mining weakness; manufacturing was affected by global uncertainty, sluggish domestic demand and higher interest rates, while mining was constrained by regulatory and environmental clearances and reduced international demand. Government measures include the National Manufacturing Policy with National Investment and Manufacturing Zones, facilitation of foreign investment, skills development, promotion of private and foreign participation in oil and gas, and the Mines & Minerals (Development and Regulation) Bill, 2011. A Working Group will review IIP methodology and base-year revision. News - Mon, 13 Aug 2012 18:36:04 +0530 https://www.taxtmi.com/news?id=3619