India Core sector industries grow by 0.4% in June

Indian eight core sectors grew 0(point)4 per cent in June this year. Growth in the eight infrastructure sectors had stood at 7 per cent in June last year, and 4.1 per cent in May this year.

According to official data, production of coal declined 6.7 per cent in June this year, petroleum refinery products output fell 0.2 per cent, fertilizer output shrank 3.6 per cent, and cement output dropped 5.8 per cent.

But crude oil output rose 0.6 per cent in June, natural gas output rose 6.4 per cent, steel production increased 5.8 percent, and power generation increased 0.7 per cent during the month under review.

Minister for Steel Chaudhary Birender Singh today said that first time India has become a net export country in Steel.

Replying during question hour in Lok Sabha today, Mr Singh said, the steel imports in the country has gone down by 39 per cent and exports has gone up by 102 per cent last year. He said, crude steel production has registered 3.5 per cent growth during April-June 2017-18.

By Naresh Sagar

Mentor MSME, Motivator, Media Event Org, Management fiscal & Water management.Social Media branding,Internet broadcasters,Propunder of Indian Philosophy

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