In­dia in­fra­struc­ture out­put down in Aug.

The Korea Times - - WORLD BUSINESS -

NEW DELHI (Reuters) — In­dia’s in­fra­struc­ture out­put in Au­gust fell from a year ear­lier for the first time since April 2015, sig­nal­ing the eco­nomic growth re­cov­ery in Asia’s third largest econ­omy may be slow de­spite a cut in the cor­po­rate tax rate and other pol­icy mea­sures de­signed to spur in­vest­ment.

In­dia’s Au­gust in­fra­struc­ture out­put fell 0.5 per­cent in Au­gust from a year ear­lier, govern­ment data showed on Mon­day.

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