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Showing posts with the label Core Industry Growth

Core Industries Output Declined by 4.6% in February

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Ministry of Commerce & Industry released the performance of eight core industries (Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement & Electricity) which  comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP) . The growth rate of Index of Eight Core Industries for February 2021  declined by   4.6 %   (provisional) compared to index of February 2020. Its cumulative growth during the months of April-February, 2020-21 was  -8.3%. Coal -  Coal production declined by 4.4 per cent in February, 2021 over February, 2020. Its cumulative index declined by 2.2 per cent during April to February, 2020-21 over corresponding period of the previous year. Crude Oil -  Crude Oil production declined by 3.2 per cent in February, 2021 over February, 2020. Its cumulative index declined by 5.4 per cent during April to February, 2020-21 over the corresponding period of previous year. Nat...

Core Industries Output Declined by 0.8% in September

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  Ministry of Commerce & Industry released the performance of eight core industries (Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement & Electricity) which  comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP) . The growth rate of Index of Eight Core Industries for September 2020  declined by   0.8 %   (provisional) compared to index of September 2019. Its cumulative growth during the months of April-September, 2020-21 was  -14.9%. Coal -  Coal production increased by 21.2 per cent in September, 2020 over September, 2019. Its cumulative index declined by 6.1 per cent during April to September, 2020-21 over corresponding period of the previous year. Crude Oil -  Crude Oil production declined by 6.0 per cent in September, 2020 over September, 2019. Its cumulative index declined by 6.1 per cent during April to September, 2020-21 over the corresponding period of previous ...

Core Industries Output Declined by 8.5% in August

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  Ministry of Commerce & Industry released the performance of eight core industries (Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement & Electricity) which  comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP) . The growth rate of Index of Eight Core Industries for August 2020  declined by   8.5 %   (provisional) compared to decline of 8.0 percent (provisional) previous month of July 2020.Its cumulative growth during the months of April-August, 2020-21 was  -17.8%. Coal -  Coal production increased by 3.6 per cent in August, 2020 over August, 2019. Its cumulative index declined by 10.2 per cent during April to August, 2020-21 over corresponding period of the previous year. Crude Oil -  Crude Oil production declined by 6.3 per cent in August, 2020 over August, 2019. Its cumulative index declined by 6.1 per cent during April to August, 2020-21 over the corresponding per...

Core Industries Output July 2020 | Contracts for the 5th Consecutive Month

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  Ministry of Commerce & Industry released the performance of eight core industries (Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement & Electricity) which  comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP) . The growth rate of Index of Eight Core Industries for July 2020  declined by   9.6 %   (provisional) compared to decline of 12.9 percent (provisional) previous month of June 2020.Its cumulative growth during the months of April-July, 2020-21 was -20.5%.   Coal  production   declined  by 5.7  per cent  in July, 2020 over  July , 2019. Its cumulative index   declined  by 12.9 per cent during April to  July , 2020-21 over corresponding period of the previous year. Crude Oil  production   declined by 4.9 per cent  in  July , 2020 over  July , 2019. Its cumulative index declined by 6.1 per cent during Apri...

Core Industry Growth Drops by Record 38% in April

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Ministry of Commerce & Industry released the performance of eight core industries (Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement & Electricity) which  comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP) . The growth rate of Index of Eight Core Industries for April 2020 declined by 38.1% (provisional) compared to decline of 9 percent (provisional) previous month of March 2020.In view of nationwide lockdown during April 2020 due to COVID-19 pandemic, various industries viz. Coal, Cement, Steel, Natural Gas, Refinery, Crude Oil etc experienced substantial loss of production. Coal  production   declined  by 15.5  per cent  in April, 2020 over April, 2019. Its cumulative index   declined  by 0.4 per cent during April to March, 2019-20 over corresponding period of the previous year. Crude Oil  production   declined by 6.4 per cent  in  A...

Core Industry Contracts for the Fourth Straight Month

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Ministry of Commerce & Industry released the performance of eight core industries (Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement & Electricity) which  comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP) . The combined Index of Eight Core Industries stood at 126.3 in November, 2019,  which  declined  by 1.5 per cent  as compared to the index of November, 2018. Its cumulative growth during April to August, 2019-20 was 0.0 per cent. This is the fourth straight decline. The April-November 2019 output growth of these eight industries is 0% compared to April-November 2018. Coal  production   d eclined by 2.5  per cent  in November, 2019 over November, 2018. Its cumulative index   declined  by 5.3 per cent during April to November, 2019-20 over corresponding period of the previous year. Crude Oil  production   declined by 6.0 ...