Government action essential to revive industry: experts
The industry remains sluggish as reflected by the contraction in November IIP data. Venugopal Dhoot, chairman and managing director of Videocon and A Didar Singh, secretary general of FICCI, both say that revival in growth and investment is dependent on the implementation of government reforms that have already been announced. They add that a cut in interest rates from the RBI may also help growth in the next fiscal
