SME Times is powered by   
Search News
Just in:   • PLI scheme has attracted Rs 1.46 lakh crore investment, created 9.5 lakh jobs  • India’s growth momentum has picked up after Q2 slowdown: Jeffries  • Centre pays Rs 4,820 crore to 2.75 lakh farmers for pulses under MSP scheme  • India needs economically-viable tech for infra projects: Nitin Gadkari  • India's private sector growth surges to 4-month high in Dec: Report 
Last updated: 26 Sep, 2014  

Industry.9.4.Thmb.jpg Six core sector output up 6 percent in Dec

Industry.9.4.jpg
   Top Stories
» PLI scheme has attracted Rs 1.46 lakh crore investment, created 9.5 lakh jobs
» Centre pays Rs 4,820 crore to 2.75 lakh farmers for pulses under MSP scheme
» India's private sector growth surges to 4-month high in Dec: Report
» Govt inks Rs 13,500 crore deal for 12 Sukhoi fighter jets with HAL in big boost to self-reliance
» Over 2.2 crore women-owned MSMEs registered under govt scheme in last 4 years: Minister
SME Times News Bureau | 23 Jan, 2010

Six key sectors of the economy grew by 6 percent in December compared with 0.7 percent in the same month of the previous year, according to official data released on Friday.

For the April-December 2009-10 period, the six core industries, having a combined weight of 26.7 percent in the official index of industrial production, grew by 4.8 percent, which was better than the 3.2 percent year-on-year increase during the corresponding nine months of 2008-09.

Cement (weight of 1.99% in the IIP) remained at top of the chart registering a growth of 11% in December 2009 compared to 11.6% in December 2008. Cement Production grew by 11% during April-December 2009-10 compared to an increase of 6.6% during the same period of 2008-09.

Finished (carbon) Steel production (weight of 5.13% in the IIP) registered a growth of 9.6% in December 2009 compared to (-) 8% (estimated) in December 2008. Finished (carbon) Steel production grew by 3.6% during April-December 2009-10 compared to an increase of 1.7% during the same period of 2008-09.

Electricity generation (weight of 10.17% in the IIP) registered a growth of 5.4% in December 2009 compared to a growth rate of 1.5% in December 2008. Electricity generation grew by 6% (provisional) during April-December 2009-10 compared to 2.7% during the same period of 2008-09.

However, oil production--both crude and refinery--and coal output remained sluggish, which may come in the way of economic activities.

Crude Oil production (weight of 4.17% in the IIP) registered a growth of 1.1% in December 2009 compared to a growth rate of (-) 0.3% in December 2008. The Crude Oil production registered a growth of (-) 1.1% during April-December 2009-10 compared to (-) 0.5% during the same period of 2008-09.

Petroleum refinery production (weight of 2.00% in the IIP) also registered a flat growth of 0.9% in December 2009 compared to growth of 3% in December 2008. The Petroleum refinery production registered a growth of (-) 1% during April-December 2009-10 compared to 3.7% during the same period of 2008-09.

Coal production (weight of 3.2% in the IIP) registered a growth of 2.5% in December 2009 compared to growth rate of 11.2% in December 2008. Coal production grew by 8.3% (provisional) during April-December 2009-10 compared to an increase of 9.9% during the same period of 2008-09.

The six sectors have a weight of 26.7 percent in the index of industrial production (IIP) that measures country's factory output.

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Will the new MSME credit assessment model simplify financing?
 Yes
 No
 Can't say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter