Infrastructure sector growth improves to 4.7% in March

NEW DELHI: The expansion of 8 core sectors improved marginally to four.7 according to cent in March 2019 towards four.5 according to cent in the similar month last year.

For the overall 2018-19 fiscal, the expansion charge of 8 infrastructure sectors -- coal, crude oil, natural gasoline, refinery products, fertilisers, steel, cement and electricity -- remained flat at four.three according to cent, respectable knowledge launched on Tuesday showed.


Coal technology expansion was once flat at 9.1 puppy cent in March 2019. Natural gasoline, refinery products, fertiliser, steel and cement sectors recorded sure expansion rates.


Crude oil production, then again, reduced in size via 6.2 according to cent in March. Electricity technology declined via 1.four according to cent during the month below evaluate.


A fall in production of crude oil and refinery products had dragged the expansion of the 8 core sectors to 2.1 according to cent in February.


The infrastructure sector expansion may even have an impact at the Index of Industrial Production (IIP) as these segments account for approximately 41 according to cent of the total manufacturing facility output.


Infrastructure sector growth improves to 4.7% in March Infrastructure sector growth improves to 4.7% in March Reviewed by Kailash on April 30, 2019 Rating: 5
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