Eight core sectors growth hits at a fastest pace in more than a year at 6.8 percent in November 2017 on account of robust performance in segments like refinery, steel and cement. According to the data released by the commerce and industry ministry, eight industries coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had witnessed a growth of 3.2 percent in November 2016. A healthy growth in key sectors will have positive implications on the Index of Industrial Production (IIP) asthese eight segments account for about 41 percent of the total factory output. Commenting on the data, Economic Affairs Secretary S C Garg described 6.8 percent rise in core sector output as an impressively growth.
News On AIR | January 2, 2018 1:02 AM
Eight core sectors grow 6.8% in Nov 2017<br/>