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India's eight core industries' June production up around 9%
TIWN
TIWN
PHOTO : TIWN
New Delhi, July 30 (TIWN) Low base effect, along with easing of Covid 2.0 restrictions, boosted output of India's eight major industries during June 2021, on a year-on-year basis.
In May this year, these key sectors had recorded a growth of 16.3 per cent, while it was 60.9 per cent in April. According to the commerce and industry ministry data, production of coal, natural gas, refinery products, steel, cement and electricity jumped by 7.4 per cent, 20.6 per cent, 2.4 per cent, 25 per cent, 4.3 per cent and 7.2 per cent, respectively, in June 2021. The same stood at (-) 15.5 per cent, (-) 12 per cent, (-) 8.9 per cent, (-) 23.2 per cent, (-) 6.8 per cent and (-) 10 per cent in the corresponding month last year.
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