Slow growth rate will be reversed soon: Minister

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Bangalore, May 13 (UNI) The slow growth in industrial production was momentary and ''it will be reversed soon'', Union Minister of state for Industry and Commerce, Department of Industrial Policy and Promotion, Ashwani Kumar said here today.

Speaking to newspersons, he said the reported slow growth rate in March was mainly due to higher input costs and it would improve in the coming days.

Mr Kumar expressed confidence that the targetted eight to 8.5 per cent growth rate would be achieved during the current fiscal. ''We will see an upward trend in the days to come,'' he added.


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