For Quick Alerts
For Daily Alerts
Core Sector Output Slumps 38.1% As Covid-19 Takes A Toll
|
India's core sector output shrank by a record 38.1 per cent for the month of April 2020, as the coronavirus-induced lockdown, played havoc with output.
The eight core sectors had expanded by 5.2 percent in April 2019, and has fallen by 9 per cent in the month of March, 2020. The key sectors that comprise the core output includes coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity.
A look at some of the sector wise declines:
Here's a sectoral break-up:
1. Coal sector output - negative 15.5 per cent (year-on-year)
2. Cement sector output - negative 86 per cent (year-on-year)
3. Steel sector output - negative 83.9 per cent (year-on-year)
4. Natural gas output - negative 19.9 per cent (year-on-year)
Story first published: Friday, May 29, 2020, 17:56 [IST]