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Thursday, July 02, 2009

Industry moving towards recovery

After slowdown in the last financial year

The Economic Survey for 2008-09 was presented by Finance Minister Pranab Mukherjee in Parliament today, 2 July 2009.

India's industry is recovering from a slowdown in the last financial year, the finance ministry said in its Economic Survey for 2008-09

There are positive signs the Indian industry may have weathered the most severe part of the shock and is moving toward a recovery, according to the Finance Minister Pranab Mukherjee's Economic Survey.

The Economic Survey, which is tabled by the Finance Minister before the presentation of the Budget, provides the government's assessment of the economy, outlines the problems facing the country and suggests measures for dealing with them.

The Union Budget for 2009-10 will be presented by the Finance Minister Pranab Mukherjee in the Parliament on Monday, 6 July 2009.

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