Worst is over for economy: PM adviser

Industrial output growth of India in April showed signs of recovery and the worst is over for the economy, a senior policy adviser said on Friday.

Industrial output growth of India in April showed signs of recovery and the worst is over for the economy, a senior policy adviser said on Friday.

HT Image

"Signs of recovery are there. Worst is over, that is what I have been saying. Worst is over for the economy," said Suresh Tendulkar, the head of Prime Minister's economic advisory council.

Data on Friday showed industrial output rose by 1.4 percent in April from a year earlier, rebounding after declining three times in the previous four months.