date:May 30, 2016
was predicted bleak.
According to most of the respondents, growth in manufacturing sector is likely to further slow down in the coming months. Following suggestions were made by respondents from the sector on policy front to revive growth - Undertake labour reforms with easier hire and fire policy; introduce simpler credit facility with lower interest rates; improve infrastructure needs; go in for simplification of regulations; and do away with frequent audits.
While slowdown in terms of mo