Slowdown impact: UP industrial output falls 12.39% in December 2019

This is a major contraction considering lower dips of 9.6% and 3.8% in October and November 2019, respectively

Uttar Pradesh’s industrial output dipped sharply by 12.39 per cent in December 2019 over the corresponding month during the last financial year 2018-19.

This is a significant contraction in the state’s industrial production considering comparatively lower dips of 9.6 per cent and 3.8 per cent in October and November 2019, respectively.

Given the fact that the Adityanath government wants UP to become a trillion-dollar economy, this contraction calls for proactive steps to boost the industrial sector.

In comparison, India’s aggregate industrial output had contracted by 0.3 per cent in December 2019 after logging growth of 1.8 per cent in November 2019 according to