Industrial production declines by 16.6 % in June: Govt

Industrial production declined by 16.6 per cent in June, mainly due to lower output of manufacturing, mining and power generation.   According to the Index of Industrial Production (IIP) data released today, manufacturing sector production registered a decline of 17.1 per cent, while the output of mining fell 19.8  and power fell 10 per cent.    In a press release, the Ministry of Statistics and Programme Implementation issued a disclaimer saying that it may not be appropriate to compare the IIP...