Thursday 30 April 2015

Achhe Din? Continuous fall in core industrial sectors growth. Nov: 6.7%, Dec: 2.4%, Jan: 1.8%, Feb: 1.4%, Mar: -0.1%.

Annual infrastructure output growth contracted 0.1 per cent in March, mainly dragged down by lower production of steel and cement, government data showed on Thursday.
The output expanded 3.5 per cent for the fiscal year 2014/15 ending March, compared with 4.2 per cent in the previous year.
The infrastructure sector, which comprises coal, crude oil, oil refining, natural gas, steel, cement, electricity and fertilisers, accounts for 37.9 per cent of industrial output.

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