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Sluggish growth to continue next year: ICRIER's Acharya

Industrial output data in October saw a sharp de-growth of 5.1% compared to a growth of 1.9% in September due to poor capital expansion. Shankar Acharya of ICRIER indicated that a slowdown in IIP was along expected lines. However, he seemed very worried about the lack of investment growth.

first published: Dec 13, 2011 01:18 pm

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