March IIP Growth at -0.1% against 0.1% MoM
  • WebDesk BTVI
  • May 10 2019

With disappointing IIP growth data for the month of march, claims of the economy recovering have been proved to be void. Madan Sabnavis of CARE Ratings says it is likely to continue for a couple of months while Sameer Narang, Chief Economist at Bank of Baroda says that if the monsoon pans out well and if the state and central governments start spending well, there may be revival towards the second half of the year.