Eight core sectors’ output up 3.1 pc in Nov

Barring crude oil and cement, all other sectors recorded positive growth in November.

In October, these core sectors' output had grown by 8.4 per cent.
In October, these core sectors' output had grown by 8.4 per cent.

Output of eight core sectors rose by 3.1 per cent in November as against a contraction of 1.1 per cent in the same month last year, according to government data released on Friday.

Barring crude oil and cement, all other sectors recorded positive growth in November.
In October, these core sectors’ output had grown by 8.4 per cent.

The growth rate of the eight infrastructure sectors — coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity — stood at 13.7 per cent during April-November this fiscal as against a negative growth of 11.1 per cent during the same period last fiscal.

According to the data, coal production rose by 8.2 per cent, natural gas by 23.7 per cent, refinery products 4.3 per cent, fertilisers by 2.5 per cent, steel by 0.8 per cent, and electricity by 1.5 per cent in November.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express Telegram Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.