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New Delhi, April 29: The growth of six infrastructure industries slipped to 4.4% during 2004-05 compared to 6.2% in the previous year. Dismal performance of petroleum refining products, coal and steel sectors in the last four months of the fiscal weighed down the overall growth. The decline is at odds with the general economic buoyancy.
In March too, the combined growth of the core sector was lower at 3.7%, compared with a healthy 8.3% in the corresponding month last fiscal, according to official data released on Friday. It may be noted that sharpest decline of growth was reported in February at -0.3% (11.6%).
In March, petroleum refining products registered negative growth of -2.2% as compared to 10.1% growth in the corresponding period in the previous year, while finished steel showed a growth of 4.4% (9.3%).
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