Index of eight Core industries

  • July 1, 2020
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
1 Comment

Subject: Economy

Context:

The output of eight core infrastructure industries shrank by 23.4 per cent in May due to the coronavirus-induced lockdown, according to the official data.

Concept:

  • The index was released by the Office of Economic Affairs under the Department for Promotion of Industry and Internal Trade.
  • Out of the total items in the Index of Industrial Production, the Eight Core Industries comprises of 40.27 percent weight of the total.
  • The Eight Core Industries are: (i) Coal (ii) Crude Oil  (iii) Natural Gas (iv) Refinery Products  (v)Fertilizers (vi) Steel  (vii)Cement  (viii) Electricity

Already covered in-depth in previous DPN

economy Index of eight Core industries

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