Uttar Pradesh's industrial output has declined by 3.6 per cent in August 2019 compared to the corresponding month last year owing to poor performance by the mining and manufacturing sectors.
Considering India’s industrial index reflected only 1.1 per cent dip in August 2019, the comparative pull down of UP’s industrial growth by over 300 per cent has been massive, especially with the state is targetting to hit $1-trillion economy mark by 2024.
This is the second consecutive month that the state's industrial index has rested in the negative territory after logging a 3.6 per cent year-on-year dip in performance in