Quick Summary
The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing Index of Eight Core Industries for the Month of November, 2020. 2. The combined Index of Eight Core Industries stood at 125.9 in November,2020, which declined by 2.6 (provisional) per cent as compared to the Index of November, 2019.Its cumulative growth during April to November, 2020-21 has been(-) 11.4%. 3. Final growth rate of Index of Eight Core Industries for August2020 is revised to(-
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FAQ :
The Index of Eight Core Industries comprises 40.27% of the weight of items included in the Index of Industrial Production (IIP) and measures the performance of key sectors of the economy.
The combined Index of Eight Core Industries declined by 2.6% in November 2020 compared to November 2019.
The cumulative growth for the Eight Core Industries during April to November 2020-21 was -11.4%.
Coal production increased by 2.9% and electricity generation increased by 2.2% in November 2020 compared to November 2019.
Crude oil production declined by 4.9%, natural gas by 9.3%, refinery products by 4.8%, steel by 4.4%, and cement by 7.1% in November 2020 compared to November 2019.
The final growth rate for the Index of Eight Core Industries for August 2020 has been revised to -6.9%.
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