Hindustan Times ST (Mumbai) - HT Navi Mumbai Live
Marginal growth in economy, factory output still a worry
NEW DELHI: Robust growth in f ar m sector helped India’s economy recover slightly at 4.8% during the September quarter, but factory output — vital to creating jobs and multiply income — continues to be a crawl at 1%, indicating that recovery is yet to kick-start.
A toxic mix of rising prices, free-falling rupee and dipping investment has deeply hurt the economy.