Core sectors' output up 6.8% in March
The Hindu
Coal, crude oil, refinery products and fertiliser segments recorded negative growth during the month under review
The output of eight core sectors grew by 6.8% in March, driven by base effect-led uptick in production of natural gas, steel, cement and electricity, official data showed on Friday. The growth rate of the eight infrastructure sectors – coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity – stood at (-) 8.6 per cent in March 2020. According to the commerce and industry ministry data, production of natural gas, steel, cement and electricity jumped by 12.3%, 23%, 32.5% and 21.6% in March, as against (-) 15.1%, (-) 21.9%, (-) 25.1% and (-) 8.2% in March 2020, respectively.
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