The combined Index of Eight Core Industries stood at 127.8 in February,2021, which declined by 4.6% (provisional) as compared to the Index of February, 2020.Its cumulative growth during April to February, 2020-21 has been (-) 8.3%. Final growth rate of Index of Eight Core Industries for November, 2020 is revised to (-) 1.1% from its provisional level (-2.6%).The Eight Core Industries comprise 40.27% of the weight of items included in the Index of Industrial Production (IIP).
The summary of the Index of Eight Core Industries:
Coal - Coal production (weight: 10.33%) declined by 4.4% in February, 2021 over February, 2020. Its cumulative index declined by 2.2% during April to February, 2020-21 over corresponding period of the previous year.
Crude Oil - Crude Oil production (weight: 8.98%) declined by 3.2% in February, 2021 over February, 2020. Its cumulative index declined by 5.4% during April to February, 2020-21 over the corresponding period of previous year.
Natural Gas - Natural Gas production (weight: 6.88%) declined by 1% in February, 2021 over February, 2020. Its cumulative index declined by 9.9% during April to February, 2020-21 over the corresponding period of previous year.
Petroleum Refinery Products- Petroleum Refinery production (weight: 28.04%) declined by10.9 per cent in February, 2021 over February, 2020. Its cumulative index declined by 12.2% during April to February, 2020-21 over the corresponding period of previous year.
Fertilizers-Fertilizers production (weight: 2.63%) declined by 3.7% in February, 2021 over February, 2020. Its cumulative index increased by 2.4% during April to February, 2020-21 over the corresponding period of previous year.
Steel - Steel production (weight: 17.92%) declined by 1.8% in February, 2021 over February, 2020. Its cumulative index declined by 12.4% during April to February, 2020-21 over the corresponding period of previous year.
Cement - Cement production (weight: 5.37%) declined by 5.5% in February, 2021 over February, 2020. Its cumulative index declined by 15.5% during April to February, 2020-21 over the corresponding period of previous year.
Electricity - Electricity generation (weight: 19.85%) declined by 0.2% in February, 2021 over February, 2020. Its cumulative index declined by 2.5% during April to February, 2020-21 over the corresponding period of previous year.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app