India’s production Industry: Core sector  Output goes up by 56.1% in April due to low-base
India’s production Industry: Core sector Output goes up by 56.1% in April due to low-base
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The output of eight core sectors jumped by 56.1% in April mainly due to a low base effect and uptick in production of natural gas, refinery products, steel, cement and electricity, official data released on Monday showed. The eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had contracted by 37.9% in April 2020 due to lockdown restrictions imposed to control the spread of coronavirus infection.

 In March this year, the eight sectors had recorded a growth rate of 11.4%. "This high growth rate in April 2021 is largely due to low Index base in April 2020 consequent to the low industrial production across all sectors caused by nationwide lockdown imposed to contain spread of Covid-19 last year," the ministry said in a statement.

 According to the commerce and industry ministry data, production of natural gas, refinery products, steel, cement and electricity jumped by 25%, 30.9%, 400%, 548.8% and 38.7% in April, as against (-) 19.9%, (-) 24.2%, (-) 82.8%, (-) 85.2% and (-) 22.9% in April 2020, respectively. Coal and fertiliser segments too recorded positive growth during the month under review.

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