Uploaded March 2008 | Updated September 2026, 2 weeks ago
New Delhi, Mar 13(ANI): According to C. Rangarajan, chairman of Prime Minister Manmohan Singh's Economic Advisory Council, fiscal stimulus steps in the federal budget for 2008/09 could boost industrial output in the months ahead, but rising global crude oil prices may pressure inflation. According to data released by Central Statistical Organisation or CSO on March 12 growth index of industrial production or IIP slipped to 5.3persent in January 2008 as compared to 11.6persent in January 2007.
New Delhi, Mar 13(ANI): According to C. Rangarajan, chairman of Prime Minister Manmohan Singh's Economic Advisory Council, fiscal stimulus steps in the federal budget for 2008/09 could boost industrial output in the months ahead, but rising global crude oil prices may pressure inflation. According to data released by Central Statistical Organisation or CSO on March 12 growth index of industrial production or IIP slipped to 5.3persent in January 2008 as compared to 11.6persent in January 2007.
