India manfacturing industry News
The Quick Estimates for Oct 2020, the first revision for Sept 2020, and the final revision for July 2020 have been compiled at weighted response rates of 90%, 94% and 95% respectively
The industrial production witnessed a 5.2% growth in February this year
Thereafter, it entered the negative territory in March and remained in the contraction zone till August
The joint report by ASSOCHAM-EY stated that while the Goods and Services Tax (GST) has to a large extent addressed prevailing regulatory issues, states across India must individually look into bureaucratic obstacles along with other obstructive regulations and policies on priority, based on their own manufacturing goals.
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