ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Industrial Recovery: Can It Be Sustained?

The current recovery is mostly engineered by the strong performance in agricultural output and comes after the poor performance of domestic industry last year. Much needs to be done to sustain this trend in the coming years. Most importantly, some of the structural bottlenecks that have been plaguing the domestic industry for so long need to be addressed and the long pending labour market reforms and ambiguities in the disinvestment process should be cleared soon. Measures to attract more FDI in the infrastructure sector and reduce the 'hanging investment' component will contribute to this continued recovery.
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