The Index of Industrial Production (IIP) growth for the month of July, 2011 saw a sharp decline at 3.3% compared to previous month. TCA Anant, chief statistician of India and Shubhada Rao, chief economist at YES Bank discuss what this fall means for the economy going forward and the ramifications on the RBI's policy stance.
first published: Sep 12, 2011 10:21 pm
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