April stands at a worrying 2%

The Index of Industrial production  (IIP) grew less than expected at 2% in April from a year earlier.
Manufacturing which constitutes about 76% of IIP, grew 2.8% from a year earlier.
 Capital goods production, a barometer for investments in the economy grew an annual 1% percent, whereas intermediate goods grew 2.4%, and consumer goods rose by 2.8%.
  In March, the IIP recovered to 2.5% growth after a sluggish growth of 0.06% in february. The IIP stood at a decade low of 1% in 2012-13