Infrastructure sectors down 4.3% in Jan
Commodity Online
NEW DELHI: India s infrastructure sector fell to 4.2 percent in January compared to 8.3 percent in the corresponding year last year.
According to an official data isued here, Poor performance in almost all core areas of the infrastructure sector, including crude oil, power, cement and coal has led to the steep fall.
During April January 2007 08, the growth rate of these core industries declined to 5.5 per cent against 8.9 per cent during the same period last fiscal.
Crude oil production registered a negative growth of 0.2 per cent in January, compared to 4.7 per cent last year. Growth in coal production also declined to 4.8 per cent as against 9.9 per cent, said the report.
Join the Discussion
Editor's pick