• search

Core sectors improve in Feb as coal, cement march ahead

Written by: Staff

New Delhi, Mar 29 (UNI) Led by a smart performance by electricity, coal, cement and petroleum refinery products, the six core infrastructure industries significantly improved their growth to 5.6 per cent in February 2006 from a mere 0.8 per cent in the same month last year.

However, due to the lag in the previous months, the April-February 2005-06 growth of these key industries was 4.5 per cent against 5.8 per cent in the comparable period in the previous year.

While the crude petroleum production did show some improvement in February this year, it remained in the negative territory with minus two per cent growth. The consolation is that the degrowth was reduced to two per cent from 4.9 per cent in the same month last year.

However, for finished (carbon) steel, the production slipped into a negative zone of 1.1 per cent from six per cent positive in February last year. On a cumulative basis, the April-February 2005-06 performance showed a growth of 5.3 per cent compared to 7.5 per cent in the same period of last year.


For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more