India is expected to report on Monday June the second consecutive contraction in industrial production, the emphasis on policy-makers face the challenge, without prejudice to the case of steady economic recovery battered Rs.
Reuters poll of 20 economists predicted output factories, mines and utilities shrinking 1.2% annually, in May after falling 1.6% in accidents.
 
NR said: "The industrial activity does not pick up the investment activities at a standstill," Bhanumurthy, the National Institute of Public Finance and Policy, Professor.
 
Last month, the central bank works to increase the money market interest rates in an effort to short-term rupee debt investors incentive to keep their money in India.
Morgan Stanley (Morgan Stanley) said in a report last week.
GDP growth increased risk, "it said.
 
Indian rupee touched a record low of $ 61.80 on Tuesday, in the previous fiscal year a record current account deficit of 4.8% of GDP being dragged down.
Central bank to further introduce measures through weekly auctions government cash management bills late Thursday to drain cash from the financial system.
Finance Minister P. Chidambaram is expected soon to announce measures to encourage capital inflows, which may include Indians from abroad, ordered state-owned enterprises to raise funds overseas borrowing and the fight against non-essential imported items.
, "Bhanumurthy said:" These measures could help rupee in the short term, however, it will be economic growth prospects, will guide the medium to long-term vision Rs.
 



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