Infra growth rises to 5-mth high of 6.7%

Infra growth rises to 5-mth high of 6.7%

FPJ BureauUpdated: Saturday, June 01, 2019, 05:11 AM IST
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New Delhi : The growth rate of eight core sector industries rose to five-month high of 6.7 % in November on the back of better output in coal, refinery products, electricity and cement. The eight core sector industries — coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity — grew by 3.2 % in November last year. The growth rate was 6.3% in October this year. The core sector contributes 38% in the overall

industrial production, a parameter that RBI takes into account while framing its monetary policy.

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