8 Core Industries Output Shrank by 5.8% in Oct as Coal, Crude Oil & Natural Gas Production Took a Hit
Coal production fell steeply by 17.6 per cent, crude oil by 5.1 per cent, and natural gas by 5.7 per cent. Production of cement (- 7.7 per cent), steel (- 1.6 per cent), and electricity (- 12.4 per cent) also declined during the month.
New Delhi: Output of eight core infrastructure industries contracted by 5.8 per cent in October, indicating the severity of economic slowdown, according to the government data released on Friday.
As many as six of eight core industries saw a contraction in o
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