City
Epaper

Feb core sector growth at 5.5 pc versus 1.4 pc in Jan

By ANI | Updated: March 31, 2020 18:25 IST

The eight core industries grew at 5.5 per cent in February against 1.4 per cent month-on-month, government data released on Tuesday showed.

Open in App

New Delhi [India], Mar 31 : The eight core industries grew at 5.5 per cent in February against 1.4 per cent month-on-month, government data released on Tuesday showed.

The eight core industries comprise 40.27 per cent of the weightage of items included in the Index of Industrial Production (IIP).

"The combined index of eight core industries stood at 132.9 in February 2020, which increased by 5.5 per cent as compared to the index of February 2019," according to an official statement released by the Ministry of Commerce and Industry.

"Its cumulative growth during April to February 2019-20 was 1 per cent."

Coal production with a weightage of 10.33 per cent increased by 10.3 per cent in February over the same month last year. Its cumulative index declined by 1.2 per cent during April to February 2019-20 over corresponding period of the previous year.

Petroleum refinery production with a weightage of 28.04 per cent increased by 7.4 per cent but the cumulative index increased by 0.3 per cent during April to February 2019-20 year-on-year.

Cement production and electricity generation increased by 8.6 per cent and 11 per cent respectively.

( With inputs from ANI )

Tags: indiaNew DelhiMinistry Of Commerce And Industry
Open in App

Related Stories

InternationalUS Government Shutdown: US Embassy in India’s X Account to Pause Regular Updates Until Full Operations Resume

CricketIND vs PAK 2025 Live Streaming: Head-to-Head Record, When and Where to Watch India vs Pakistan Asia Cup Final

NationalRajnath Singh and Abdeltif Loudiyi Sign MoU on Defence Cooperation; Focus on Counter-Terrorism, Cyber Security, and Maritime Safety (Watch Video)

CricketIND vs PAK 2025 Live Streaming: Head-to-Head Record, When and Where to Watch India vs Pakistan Asia Cup Super 4 Clash

MumbaiNamo Yuva Yatra: Milind Soman Flags Off Campaign in Mumbai, Says ‘Theme of a Drug-Free India Is Very Important’ (Watch Videos)

कारोबार Realted Stories

BusinessGST 3.0 should aim at having only one rate: Former Commerce Secretary Ajay Dua

BusinessBihar government approves land acquisition for two airports

BusinessIndia a stabilising force in world economy: Global experts

BusinessMarkets poised for growth; reforms, festive demand driving optimism: Motilal Oswal

BusinessPiyush Goyal undertakes official visit to Singapore to strengthen strategic, economic partnership