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June industrial growth encouraging, says Pranab Mukherjee

August 12, 2011 - New Delhi

Union Finance Minister Pranab Mukherjee today said that the industrial output growth jumped to 8.8 percent in June, which was above forecasts.

Mukherjee said that if the trend continues to persist, then the country would receive an impetus and it would tread on the path of growth in the long run.

"The industrial growth output is very encouraging. In the two months, April and May, it was 5.8 percent, which was disappointing. Sectoral indices indicate that the manufacturing sector and electricity has contributed to this high growth," Mukherjee said while addressing mediapersons in New Delhi.

"If these growth rates are maintained, then that will be a substantial contribution to the positive growth," he added.


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