Infra sectors output rises by 9.4 pc in July

By: |
August 31, 2021 5:52 PM

The production of coal, natural gas, refinery products, fertilizers, steel, cement and electricity industries increased in July 2021 over the corresponding period of last year, according to the Department for Promotion of Industry and Internal Trade data.

The infrastructure sectors had expanded by 9.3 per cent in June 2021. For April-July 2021-22, the sectors grew by 21.2 per cent compared to the corresponding period of last financial year.The infrastructure sectors had expanded by 9.3 per cent in June 2021. For April-July 2021-22, the sectors grew by 21.2 per cent compared to the corresponding period of last financial year.

The production of eight core industries rose by 9.4 per cent in July against a 7.6 per cent decline in the year-ago month, official data released on Tuesday showed.

The production of coal, natural gas, refinery products, fertilizers, steel, cement and electricity industries increased in July 2021 over the corresponding period of last year, according to the Department for Promotion of Industry and Internal Trade data.

Crude oil production, however, dropped by 3.2 per cent. Core sectors had recorded a 7.6 per cent decline in output in July 2020 due to the impact of COVID-19-related restrictions.

The infrastructure sectors had expanded by 9.3 per cent in June 2021. For April-July 2021-22, the sectors grew by 21.2 per cent compared to the corresponding period of last financial year.

Do you know What is India expected to grow 10 pc during current fiscal: NCAER Director General Poonam Gupt,FinMin releases Rs 9,871 cr grant to 17 state, Cash Reserve Ratio (CRR), Finance Bill, Fiscal Policy in India? FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. Also get Live BSE/NSE Stock Prices, latest NAV of Mutual Funds, Best equity funds, Top Gainers, Top Losers on Financial Express. Don’t forget to try our free Income Tax Calculator tool.

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

Next Stories
1Govt receiving max FDI proposals in 3 depts from nations sharing land border with India
2Labour codes unlikely to be implemented this fiscal
3COVID-19 pandemic hit country’s economy hard: President Ram Nath Kovind