Terming sharp revision in the industrial production data as “totally baffling”, Finance Minister Pranab Mukherjee on Friday said he has asked the authorities concerned to look into the issue.
“I can understand if there is error in calculating 0.1 per cent of 0.2 per cent, but from 6.8 per cent to 1.1 per cent, it is totally baffling,” Mr. Mukherjee told reporters here, commenting on the sharp revision of the IIP growth rate for January from 6.8 per cent to 1.1 per cent.
From: http://ping.fm/RhH6N
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