Eight core sectors' output accelerates to 11.6% in August: Govt data

The core sector in August this year recorded a 3.9 per cent rise from the pre-covid August 2019 too

The output of India’s eight core industries grew by 11.6 per cent in August compared with 9.9 per cent in the previous month even as the base effect was less beneficial.The core sector, comprising coal, crude oil, natural gas, refinery products, fertilisers, steel, cement, and electricity, had contracted 6.9 per cent in August last year, as against 7.6 per cent in July.

The core sector also recorded a 3.9 per cent rise from the pre-Covid level of August 2019. Only the production of refinery products and crude oil was lower over this period. However, the overall output was still lower by