Attributing the disappointing industrial growth performance to tight monetary policy, and global factors, Finance Minister Pranab Mukherjee today said the government and the Reserve Bank of India will take steps to revive economic growth.

Mr. Mukherjee was talking to reporters in New Delhi. On a more positive note, he said capital goods output for February 2012 expanded 10.6 per cent, on the back of a recovery in domestic investment. And he said the good news was the strong performance of the electricity sector.