BrahMos WORLD INDIA MADHYA PRADESH BHOPAL WTN SPECIAL GOSSIP CORNER RELIGION SPORTS BUSINESS FUN FACTS ENTERTAINMENT LIFESTYLE TRAVEL ART & LITERATURE SCIENCE & TECHNOLOGY HEALTH EDUCATION DIASPORA OPINION & INTERVIEW RECIPES DRINKS BIG MEMSAAB 2017 BUDGET 2017 FUNNY VIDEOS VIRAL ON WEB PICTURE STORIES Mahakal Ke Darshan
WTN HINDI ABOUT US PRIVACY POLICY SITEMAP CONTACT US
N
W
T
logo
Breaking News

Negative Impact of demonstration and GST!

Saturday - May 12, 2018 2:58 pm , Category : WTN SPECIAL

Are there still negative impacts of the demonstration and the GST in the Indian market?
MAY 12(WTN) -
Is India still not able to recover from the demonstration and GST, which has led to declining industrial production in the country? Are there still negative impacts of the demonstration and GST in the Indian market, due to which the industrial activities of the country are speed up. We are saying that because the industrial production of the country IIP increased only 4.4% in the month of March due to declining in the capital goods production and the mining activity weakening. This is the lowest growth rate in industrial production in the five months.

According to the released official data from the Central Statistics Office, the Index of Industrial Production IIP is 4.3% in 2017-18. It was 4.6 percent in the previous financial year. According to the figures, the IIP growth rate in the year 2017 was 4.4 percent, which is similar to the March growth rate this year. Previously, the growth rate was 1.8 percent in October 2017.

According to figures released by the Central Statistical Office, the growth rate of manufacturing sector was only 4.4 percent in March, compared to 3.3 percent in March last year. In the month of March, the production of mining sector increased by 2.8 percent and in March 2017 it was 10.1 percent. Similarly, the growth in power generation has decreased to 5.9 percent in March, from 6.2 percent in March 2017. According to the information, capital goods production declined by 1.8 per cent in March, compared to 9.4 per cent in the same month last year.

A lot of time has been executed for demonstration and GST but it seems that its negative impacts are still being noticed in the Indian market, which has led to a decrease in capital goods production. The government will have to pay attention to the fact that due to the GST, are businessmen in trouble? Are the traders facing the problems of cash for business? If this is the case, then the central government will have to pay attention to this, otherwise the problem of unemployment will also be trouble to the central government, along with the reduction in the production in this area.
Leave a Comment
* Name
* Email (will not be published)
*
* - Required fields