New Delhi : Poor performance of coal, petroleum refinery products and natural gas pulled down the core sector growth to 2.1 % in December, 2013 from 7.5 % in the same month a year ago. It is, however, better than in the previous two months.
The eight core industries had contracted by 0.6 % in October and grew by a modest 1.7 % in November. The core sector growth is 2.5 % during the April- December period of this fiscal compared to 6.8 % in the same period of 2012-13. The infrastructure industries–fertilisers, cement, steel, electricity, crude, coal, petroleum refinery products and natural gas — have a weight of about 38 % in the Index of Industrial Production (IIP).
(To receive our E-paper on whatsapp daily, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)
