Clarification: NMDC

As per some newspaper report, NMDC has scaled down it's target production to 50 million tonnes for 2018-19(next FY). Such half facts give bearish outlook which is not true

1) Production in July month is already up 25%

2) Further NMDC likely to produce 38-40 million tonnes in current year.
Hence *50 million tonnes next year means 25% jump YoY* which will be excellent achievement