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 October, 2020. 2. The combined Index of Eight Core Industries stood at 124.2 in October,2020, which declined by 2.5 (provisional) percent as compared to the Index of October, 2019.Its cumulative growth during April to October, 2020-21 has been (-) 13.0%. 3. Final growth rate of Index of Eight Core Industries for July2020 is revised to (-) 7.6%
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FAQ :
The combined Index of Eight Core Industries stood at 124.2 in October 2020, declining by 2.5% compared to October 2019.
The cumulative growth for the Eight Core Industries from April to October 2020-21 has been -13.0%.
Coal production increased by 11.6%, fertilisers by 6.3%, cement by 2.8%, and electricity generation by 10.5% in October 2020 compared to the previous year.
Crude oil production declined by 6.2%, natural gas by 8.6%, refinery products by 17.0%, and steel by 2.7% in October 2020 compared to the previous year.
The final growth rate for the Index of Eight Core Industries for July 2020 has been revised to -7.6%.
The Eight Core Industries comprise 40.27% of the weight of items included in the Index of Industrial Production (IIP).
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