Question : PERFORMANCE OF MANUFACTURING SECTOR



(a) Whether manufacturing sector had been adversely affected in the wake of the crisis in the economy and slowdown in 2008;

(b) If so, whether this sector has been in the path of recovery in the year 2009-10;and

(c) If so, the details of the growth achieved by the sector till date?

Answer given by the minister


MINISTER OF THE STATE IN THE MINISTRY OF COMMERCE & INDUSTRY (SHRI ANAND SHARMA)

(a) to (c): A Statement is laid on the Table of the House

STATEMENT REFERRED TO IN REPLY TO LOK SABHA STARRED QUESTION No. 85 TO BE ANSWERED ON 15th November, 2010.

(a) to (c): The global economic crisis affected the manufacturing growth, which declined to 2.8% in 2008-09 compared to 9% achieved in 2007-08. Timely interventions by the Government resulted in the recovery of the manufacturing growth to 11.0 % in 2009-10. In the current year so far, during April-September,2010, the manufacturing sector has registered a growth of 11.0 %.