June IIP disappointing, need to promote critical sectors:FM

New Delhi: Terming the contraction in June industrial output as disappointing, Finance Minister P Chidambaram today said there is a need to promote critical sectors to boost growth. "The Quick Estimates of IIP for the month of June are disappointing. It is important to focus on the critical sectors, remove bottlenecks and give a fillip […]

New Delhi: Terming the contraction in June industrial output as disappointing, Finance Minister P Chidambaram today said there is a need to promote critical sectors to boost growth.

"The Quick Estimates of IIP for the month of June are disappointing. It is important to focus on the critical sectors, remove bottlenecks and give a fillip to production," Chidambaram said in a statement.