Output Of Eight Core Sectors Up 3.1% in November

Barring crude oil and cement, all other sectors recorded positive growth in November, according to the data released by the government

New Delhi: The central government data released on Friday showed that the output of eight core sectors grew by 3.1 per cent in the month of November as against a contraction of 1.1 per cent in the same month last year.

Barring crude oil and cement, all other sectors recorded positive growth in November.

In October, these core sectors’ output had grown by 8.4 per cent.

The growth rate of the eight infrastructure sectors — coal, crude oil, natural gas, refinery products, fertilisers, steel, cement, and electricity — stood at 13.7 per cent during April-November this fiscal year as against a negative growth of 11.1 per cent during the same period last fiscal year.

According to the data, coal production rose by 8.2 per cent, natural gas by 23.7 per cent, refinery products 4.3 per cent, fertilisers by 2.5 per cent, steel by 0.8 per cent, and electricity by 1.5 per cent in November.

The combined index of eight core industries stood at 131.7 in November 2021, which increased by 3.1 per cent (provisional) as compared to the index of November 2020, said Ministry of Commerce & Industry.

Petroleum refinery products production rose by 4.3 per cent in November year-on-year.

In October, the production in this industry had grown 14.4 per cent over the corresponding period last year. Cement production saw a decline of 2.2 per cent in November, while it had grown 11.3 per cent year-on-year in October.