News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 10 years ago
Home  » Business » Core sector growth jumps 7.35% in June

Core sector growth jumps 7.35% in June

Source: PTI
July 31, 2014 18:48 IST
Get Rediff News in your Inbox:

IndiaHelped by healthy growth in coal, crude oil, cement and electricity, the eight core industries grew by 7.3 per cent in June.

Growth in the infrastructure sector, which has a combined weight of about 38 per cent in the Index of Industrial Production, was 1.2 per cent in June 2013.

Coal, crude oil, cement and electricity recorded a growth of 8.1 per cent, 0.1 per cent, 13.6 per cent and 15.7 per cent respectively

in the month under review.

Natural gas and fertiliser output recorded a negative growth of 1.7 per cent and 1 per cent, according to the data of the Commerce and Industry Ministry.

Refinery products output growth slowed down by 1.2 per cent as against 1.8 per cent in June last year.

Similarly steel production too declined by 4.2 per cent in June from 7.6 per cent in the same month last year.

During April-June, growth in the eight core industries grew by 4.6 per cent from 3.7 per cent in the year-ago period.

Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!