The production of eight main industries contracts 9.6% in July


NEW DELHI: Hiring for the fifth consecutive month, the departure of eight core infrastructure sectors fell 9.6 percent in July due to the decline mainly in steel production, refinery products and cement.
Output from eight basic sectors had expanded 2.6 percent in July 2019, data released by the Ministry of Commerce and Industry on Monday showed.
Except for fertilizers, the seven sectors (coal, crude oil, natural gas, refinery products, steel, cement and electricity) registered negative growth in July.
Production of steel, refinery products, cement, natural gas, coal, crude oil and electricity decreased by 16.5%, 13.9%, 13.5%, 10.2%, 5.7%, 4, 9% and 2.3%, respectively.
On the other hand, the production of fertilizers grew by 6.9% during the month under review, compared to 1.5% in July 2019.
During April-July 2020-21, the sector’s production decreased by 20.5% compared to a growth of 3.2% in the same period of the previous year.
On Video: Eight Core Industries Production Contracts for the Fifth Month in a Row in July – Government Data

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