Home > Business & Investment > Assured Fuel Availability Critical For Industrial Turnaround

Assured Fuel Availability Critical For Industrial Turnaround

Monday, April 15, 2013

India’s core industries, the economy’s lifeline, are slipping badly. February IIP data shows a decline in electricity output compared to the same month last year. Coal and gas shortages are partly to blame for this fall in power generation for the first time in several years - as reflected in IIP. This, along with the fact that mining output has contracted in 18 out of past 20 months leaves us with a key question – can we reverse industrial decline without rebuilding India’s core industries? The answer is clearly no, says Crisil Research

According to it; “For sustainable industrial revival, India needs to push infrastructure and industrial investments. The turnaround in the investment scenario critically depends on assured fuel availability. In addition, India needs to create a competitive business environment by solving issues related to procedural delays, to attract foreign direct investment as well as spur investments from Indian companies. These would, in turn, help create jobs, improve incomes, and raise household consumption. In 2013-14 normal monsoons, pre-election government spending and a marginal reduction in the lending rates could, at best, provide a temporary respite to consumption.”

Facebook   Delicious   Delicious   submit to reddit reddit
No Comments Posted
City news
The Boston blasts effect on Mumbai?:
Traders make use of banned substance – calcium ...
According to experts, the consumers should check
I got married in January. Ours was an arranged ma
Dr. Rajan B. Bhonsle, M.D. (Bom)
Consulting Sex Therapist & Counsellor
Dr. (Mrs.) Minnu R. Bhonsle, Ph.D.
Consulting Psychotherapist & Counsellor
Select Sun sign:
Aries (Mar 21 - Apr 20)
Aries (Mar 21 - Apr 20)Intense work activity will take its toll. Keep your cool and control outbursts. You can earn more respect and confidence by being tolerant. Occupy yourself with day-to-day work as anything new you try could face snags. At leisure do something that you enjoy. The frosty atmosphere is something you are not used to but be tolerant for the sake of your beloved who has in the past stood through thick and thin with you.
Tarot for Love
Select Sun sign:
Aries (Mar 21 - Apr 20)
Aries (Mar 21 - Apr 20)What the cards say: Go in the right direction Path: First understand and then act. Don’t make the same mistake again Ally: Taurus will stabilise you. Avoid the critical Virgo Card for the week: Tarot key no. V The Hierophant the master of the masses and social wisdom. This card asks you to connect with your outside world and understand tradition and conformity
- Advertising -
With the 10th and 12th Boards finally over and th
Want to study at an international school
Read More