Categories: Business

Growth rate of index of 8 Core Industries for June 2020 declined by 15 per cent. Growth in industries due to Corona, 15% decline in June

Photo: FILE

Growth rate of index of 8 core industries for June 2020 declined by 15 per cent

new Delhi. Due to Corona, there has been a huge decline in industrial production in the country. According to the data released by the government, during June 2020, the growth rate of 8 core industry has fallen drastically by 15 percent. Earlier it had seen a decline of 22 percent during May. Giving this information, the Government of India stated that its cumulative growth during 2020-21 was 24.6 percent.

Let us know that coal, crude oil, natural gas, refinery products, fertilizer, cement, electricity and steel sector are included in 8 core sectors. Despite all the efforts in the Corona period, the growth rate of industries is not catching up, which may increase the concern of the Modi government.

This post was published on July 31, 2020 7:47 pm

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