Core Sector grows by 5.2% in September month
Published: Oct 31, 2017
By TIOLCORPLAW News Service
NEW DELHI, OCT 31, 2017: AS per the latest CSO data, the Core Sector industries has registered a growth of 5.2% in the month of September. Its cumulative growth during April to September, 2017-18 was 3.3 per cent.
Coal
Coal production (weight: 10.33 per cent) increased by 10.6 per cent in September, 2017 over September, 2016. Its cumulative index increased by 1.5 per cent during April to September , 2017-18 over corresponding period of the previous year.
Crude Oil
Crude Oil production (weight: 8.98 per cent) increased by 0.1 per cent in September, 2017 over September, 2016. Its cumulative index declined by 0.2 per cent during April to September, 2017-18 over the corresponding period of previous year.
Natural Gas
The Natural Gas production (weight: 6.88 per cent) increased by 6.3 per cent in September, 2017 over September, 2016. Its cumulative index increased by 5 .0 per cent during April to September, 2017-18 over the corresponding period of previous year.
Refinery Products
Petroleum Refinery production (weight: 28.04 per cent) increased by 8.1 per cent in September, 2017 over September, 2016. Its cumulative index increased by 2.1 per cent during April to September, 2017-18 over the corresponding period of previous year .
Fertilizers
Fertilizer production (weight: 2.63 per cent) declined by 7.7 per cent in September, 2017 over September, 2016. Its cumulative index declined by 2.1 per cent during April to September, 2017-18 over the corresponding period of previous year .
Steel
Steel production (weight: 17.92 per cent) increased by 3.7 per cent in September, 2017 over September, 2016. Its cumulative index increased by 5.5 per cent during April to September, 2017-18 over the corresponding period of previous year.
Cement
Cement production (weight: 5.37 per cent) increased by 0.1 per cent in September, 2017 over September, 2016 . Its cumulative index declined by 1.9 per cent during April to September, 2017-18 over the corresponding period of previous year .
Electricity
Electricity generation (weight: 19.85 per cent) increased by 5.2 per cent in September, 2017 over September, 2016. Its cumulative index increased by 6.0 per cent during April to September, 2017-18 over the corresponding period of previous year.
The Index of Industrial Production (IIP) is an index for India which details out the growth of various sectors in an economy. The all India IIP is a composite indicator that measures the short-term changes in the volume of production of a basket of industrial products during a given period with respect to that in a chosen base period. It is compiled and published monthly by the Central Statistical Organization (CSO) six weeks after the reference month ends.