112 British MPs Hail

Madhya Pradesh government today decided to extend facilities under the Industrial Promotion Policy to 19 units worth Rs 9,397 crore. The decision was taken at an Investment Promotion Empowered Committee meeting chaired by Chief Minister Shivraj Singh Chouhan here.

Finance Minister Raghavji, his Industry counterpart Jayant Malaiya and Chief Secretary Rakesh Sahni were among those present, official sources said.

Monetary Tightening By Central Bank Begins To Take Effect
Our Bureau NEW DELHI

INDUSTRIAL production grew 5.4% in June 2008, higher than the 4.1% (revised) growth in May 2008 but well below the 8.9% growth in June 2007. The slower pace of industrial growth has intensified apprehensions that the growth rate of the Indian economy could slip below 8% in the current fiscal, and raises the importance of a good monsoon this year.