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Index Of Core Industries In March Increased By 6.8% Over Year Ago Period
For the March month, the office of the Economic Adviser, Department for Promotion of Industry and Internal Trade has released Index of Eight Core Industries. For the March month, the combined index of eight core industries stood at 143.1, which increased by 6.8 (provisional) per cent as compared to the Index of March, 2020. Its cumulative growth during April to March, 2020-21 has been (-) 7.0%.
Final growth rate of Index of Eight Core Industries for December 2020 is revised to 0.4% from its provisional level (-) 1.3%. The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).
Coal production declined by 21.9 percent in the review period in comparison to same period a year ago. Its cumulative index fell by 4.8 percent during April to March over corresponding period of the previous year.
The production of crude also fell by 3.1 percent in March over the previous year's period.
Its cumulative index declined by 5.2 per cent during April to March, 2020-21 over the corresponding period of previous year.
Steel production (weight: 17.92 per cent) increased by 23.0 per cent in March, 2021 over March, 2020. Its cumulative index declined by 9.5 per cent during April to March, 2020-21 over the corresponding period of previous year.
Electricity generation (weight: 19.85 per cent) increased by 21.6 per cent in March, 2021 over March, 2020. Its cumulative index declined by 0.6 per cent during April to March, 2020-21 over the corresponding period of previous year.
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