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\"\"MUMBAI: Trying to instill confidence in the investor<\/a> community, Union Minister of State for Commerce and Industry Nirmala Sitharaman<\/a> today said manufacturing<\/a> in the country is picking up and the perception that there is slack in the sector is wrong.
\n
\"Manufacturing is actually picking up. The last quarter figure showed that the country's GDP growth<\/a> will be over 7 per cent. It also revealed that manufacturing is growing over 9 per cent. Actually, the perception is going around in the circle without looking at the figures,\" she told reporters during the Make in India<\/a> Week here today.
\n
\nThe investment offers and MoUs that have been signed so far in the Make in India week are an indicator that manufacturing is gaining traction, she asserted.
\n
\nAsked about discrepancies in some of the recently released data and their methodologies to calculate, she said even Kaushik Basu - the World Bank economist and former Chief Economic Advisor - has said \"there is absolutely no reason to doubt over the figures which have come out\".
\n
\n\"So, I think in this country there can be a lot of discussions about the methodology, the process of getting the numbers and there is no harm in discussing. But of course, ultimately if there is no doubt after the due discussions, we have to settle somewhere and start believing rather than keep the discussions going on,\" she added.
\n
\n\"At the end of the day, you are not able to sit and work on numbers because you question everything.\"
\n
\nBasu had recently said India's GDP numbers are very dependable and there is no \"rigging\" taking place with regard to data. He was responding to questions surrounding the GDP numbers being put out by the Central Statistics Office (CSO).
\n
\nIt has projected a growth rate of 7.6 per cent for the current fiscal, the highest in the last five years.
\n
\nNotably, industrial production declined for the second month, contracting 1.3 per cent in December, mainly due to a drop in manufacturing and capital goods sector.
\n
\nFactory output as measured by the Index of Industrial Production (IIP) had also declined 3.4 per cent in November.
\n
\nDuring April-December this fiscal, the industrial output grew 3.1 per cent compared with 2.6 per cent a year earlier.
\n
\nThe decline in December has been primarily because of a massive slump in output of capital goods, a proxy for investor demand which saw a contraction of 19.7 per cent, as against growth of 6.1 per cent in the same month a year ago.
\n
\nThe manufacturing sector, which accounts for over 75 per cent of the index, fell 2.4 per cent as against a growth of 4.1 per cent in December 2014.\n\n<\/body>","next_sibling":[{"msid":50995805,"title":"Reliance Jio, MTS, Orange, six other telcos form global alliance to exchange products, expand reach","entity_type":"ARTICLE","link":"\/news\/reliance-jio-mts-orange-six-other-telcos-form-global-alliance-to-exchange-products-expand-reach\/50995805","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":50996505,"entity_type":"ARTICLE","title":"Make in India: Manufacturing is actually picking up, says Nirmala Sitharaman","synopsis":"The investment offers and MoUs that have been signed so far in the Make in India week are an indicator that manufacturing is gaining traction, she asserted.","titleseo":"telecomnews\/make-in-india-manufacturing-is-actually-picking-up-says-nirmala-sitharaman","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2016-02-15 17:01:13","lastupd":"2016-02-15 17:21:10","breadcrumbTags":["investor","GDP growth","Manufacturing","Nirmala Sitharaman","Enterprise Services","make in India"],"secinfo":{"seolocation":"telecomnews\/make-in-india-manufacturing-is-actually-picking-up-says-nirmala-sitharaman"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2016-02-15" data-index="article_1">

在印度:说,制造业是捡吧Sitharaman

投资提供和备忘录签署了到目前为止在印度做周表明,制造业正在加速,她断言。

  • 2016年2月15日更新是05:21点
孟买:试图灌输信心投资者社区工会工商业部长吧Sitharaman今天说制造业在这个国家正在采取紧缩性和感知,在该行业是错误的。

“制造业是捡。图显示,该国最后一个季度国内生产总值增长将会超过7%。这也显示,制造业增长超过9%。事实上,知觉是在圆不看数据,”她告诉记者,在吗在印度今天在这里。

投资提供和备忘录签署了到目前为止在印度做周表明,制造业正在加速,她断言。

问及差异在一些最近发布的数据和他们的方法来计算,她说即使Kaushik Basu—世界银行经济学家、前首席经济顾问,曾表示“绝对没有理由怀疑的数据出来”。

“所以,我认为在这个国家可以有很多讨论的方法,得到数字的过程,是没有害处的讨论。当然,最终如果毫无疑问将讨论后,我们要解决的地方,开始相信而不是继续讨论,”她补充道。

“在一天结束的时候,你不能坐着工作数字因为你质疑一切。”

Basu最近说,印度的GDP数据是非常可靠的,没有发生关于数据“操纵”。他应对问题围绕着GDP数据被扑灭由中央统计局(方案)。

它预计增长率为7.6%的财政,在过去的五年里最高的。

值得注意的是,工业生产连续第二个月下降,收缩去年12月的1.3%,主要是由于生产下降和资本品部门。

工厂产出的工业生产指数(IIP)也在11月下降了3.4%。

数字这种财政期间,工业产出增长3.1%,高于上年同期的2.6%。

12月已经下降主要是因为大规模的下滑输出资本品,代表投资者需求萎缩了19.7%,而在一年前同期增长6.1%。

制造业占超过75%的指数下跌2.4%,与2014年12月增长4.1%。
  • 发布于2016年2月15日下午05:01坚持
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\"\"MUMBAI: Trying to instill confidence in the investor<\/a> community, Union Minister of State for Commerce and Industry Nirmala Sitharaman<\/a> today said manufacturing<\/a> in the country is picking up and the perception that there is slack in the sector is wrong.
\n
\"Manufacturing is actually picking up. The last quarter figure showed that the country's GDP growth<\/a> will be over 7 per cent. It also revealed that manufacturing is growing over 9 per cent. Actually, the perception is going around in the circle without looking at the figures,\" she told reporters during the Make in India<\/a> Week here today.
\n
\nThe investment offers and MoUs that have been signed so far in the Make in India week are an indicator that manufacturing is gaining traction, she asserted.
\n
\nAsked about discrepancies in some of the recently released data and their methodologies to calculate, she said even Kaushik Basu - the World Bank economist and former Chief Economic Advisor - has said \"there is absolutely no reason to doubt over the figures which have come out\".
\n
\n\"So, I think in this country there can be a lot of discussions about the methodology, the process of getting the numbers and there is no harm in discussing. But of course, ultimately if there is no doubt after the due discussions, we have to settle somewhere and start believing rather than keep the discussions going on,\" she added.
\n
\n\"At the end of the day, you are not able to sit and work on numbers because you question everything.\"
\n
\nBasu had recently said India's GDP numbers are very dependable and there is no \"rigging\" taking place with regard to data. He was responding to questions surrounding the GDP numbers being put out by the Central Statistics Office (CSO).
\n
\nIt has projected a growth rate of 7.6 per cent for the current fiscal, the highest in the last five years.
\n
\nNotably, industrial production declined for the second month, contracting 1.3 per cent in December, mainly due to a drop in manufacturing and capital goods sector.
\n
\nFactory output as measured by the Index of Industrial Production (IIP) had also declined 3.4 per cent in November.
\n
\nDuring April-December this fiscal, the industrial output grew 3.1 per cent compared with 2.6 per cent a year earlier.
\n
\nThe decline in December has been primarily because of a massive slump in output of capital goods, a proxy for investor demand which saw a contraction of 19.7 per cent, as against growth of 6.1 per cent in the same month a year ago.
\n
\nThe manufacturing sector, which accounts for over 75 per cent of the index, fell 2.4 per cent as against a growth of 4.1 per cent in December 2014.\n\n<\/body>","next_sibling":[{"msid":50995805,"title":"Reliance Jio, MTS, Orange, six other telcos form global alliance to exchange products, expand reach","entity_type":"ARTICLE","link":"\/news\/reliance-jio-mts-orange-six-other-telcos-form-global-alliance-to-exchange-products-expand-reach\/50995805","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":50996505,"entity_type":"ARTICLE","title":"Make in India: Manufacturing is actually picking up, says Nirmala Sitharaman","synopsis":"The investment offers and MoUs that have been signed so far in the Make in India week are an indicator that manufacturing is gaining traction, she asserted.","titleseo":"telecomnews\/make-in-india-manufacturing-is-actually-picking-up-says-nirmala-sitharaman","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2016-02-15 17:01:13","lastupd":"2016-02-15 17:21:10","breadcrumbTags":["investor","GDP growth","Manufacturing","Nirmala Sitharaman","Enterprise Services","make in India"],"secinfo":{"seolocation":"telecomnews\/make-in-india-manufacturing-is-actually-picking-up-says-nirmala-sitharaman"}}" data-news_link="//www.iser-br.com/news/make-in-india-manufacturing-is-actually-picking-up-says-nirmala-sitharaman/50996505">