The survey gives an insight into the perception of non-financial public and private limited companies engaged in manufacturing activities about their performance and future prospects.
The assessment of business sentiments for the present quarter and expectations for the ensuing quarter are based on qualitative responses to 20 major parameters.
These include overall business and financial situations, demand indicators, price and employment expectations, profit margins, etc.
The survey provides useful forward looking inputs for policymakers, analysts and businesses, it said. The RBI has mandated the Centre for Research Planning and Action (CERPA) to conduct the survey for the current quarter on its behalf.
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