The eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP)
The core sector in August this year recorded a 3.9 per cent rise from the pre-covid August 2019 too
The industries had contracted by 6.9 per cent in August 2020
But it is down 15% sequentially due to second wave
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In March this year, the eight sectors had recorded a growth rate of 11.4 per cent.
All the core segments, including coal, crude oil, natural gas, refinery products and fertilisers witnessed a decline in February
Barring coal and fertiliser, all sectors -- crude oil, natural gas, refinery products, steel, cement and electricity -- recorded negative growth in August
The eight core sectors had expanded by 1.2 per cent in June 2019, govt data showed
Infrastructure output, which comprises eight sectors including coal, crude oil and electricity and accounts for nearly 40% of the country's industrial output, contracted 30% in April and May
India's gross domestic product for the fourth quarter of the financial year 2020 grew at 3.1 per cent, its slowest pace in at least two years
The eight core sectors had expanded by 5.8 per cent in March 2019
The exit plan from the lockdown is recommended after getting suggestions from a detailed interaction with various states and industry bodies, the letter said.
Core output had contracted for four months till November as a broad-based decline gripped most sectors
Data by the commerce and industry ministry showed production in coal, crude oil, natural gas, refinery products, steel, cement, and electricity declined in September
Gross domestic product grew by more than a six-year low of 5 per cent in the first quarter
Yet, it recovers from a 50-month low in June as cement output jumps
Steel and electricity output increased by 19.9% and 7.2%, respectively
This, due to healthy output recorded by refinery products and steel
Crude oil and natural gas production declined during the month when demonetisation was introduced