City
Epaper

Core sector output contracts by over 38 pc in April

By ANI | Updated: May 29, 2020 17:45 IST

The eight core industries contracted by 38.1 per cent in April compared to a decline of 9 per cent the previous month, government data released on Friday showed.

Open in App

The eight core industries contracted by 38.1 per cent in April compared to a decline of 9 per cent the previous month, government data released on Friday showed.

In view of nationwide lockdown due to COVID-19 pandemic, various industries like coal, cement, steel, natural gas, refinery and crude oil experienced a substantial loss of production, according to an official statement released by the Ministry of Commerce and Industry.

Coal production declined by 15.5 per cent in April 2020 over April 2019 with its cumulative index declining by 0.4 per cent during April to March 2019-20 over the corresponding period of the previous year.

Crude oil production declined by 6.4 per cent with its cumulative index declining by 5.9 per cent while natural gas production declined by 19.9 per cent with its cumulative index declining by 5.6 per cent.

Petroleum refinery production declined by 24.2 per cent, steel production by 83.9 per cent, cement production by 86 per cent and electricity generation by 22.8 per cent.

( With inputs from ANI )

Tags: Ministry Of Commerce And Industry
Open in App

Related Stories

NationalRemove Bournvita From Category of ‘Health Drinks’: Centre’s Order to E-Commerce Firms

InternationalVietjet to fly into Kochi from August 12

NationalIndia eases export policy for drones, unmanned aerial vehicles meant for civilian end uses

BusinessKarnataka invites Elon Musk, terms state as "the destination" for investments in India

BusinessIndia, UK conclude 10th round of talks for trade deal

Business Realted Stories

BusinessAdding cargo compartments to metro trains will boost business efficiency: Manohar Lal

BusinessNetflix's India investments generated over USD 2 billion in economic impact post-COVID: Co-CEO Ted Sarandos

BusinessWAVES 2025: First-ever White Paper on India’s live events economy unveiled

BusinessAmit Mishra's Emotional Track 'Aansoo' Out Now : Lyrics by Ajay Waghela, Music by Shivram Parmar

BusinessVision Digital India Unveils India's First AI Trainer Machine in Collaboration with Intel - A Major Milestone in AI Education launched by AICTE Chairman