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Core Industries of India

Posted on : 13 Dec 2019

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  • India’s core sector output remained weak in July, with growth slowing to 2.1% from a year earlier, as production of coal, crude oil, natural gas and refinery products declined.
  • The eight core industries of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity, which have a 40.27% weight in the Index of Industrial.
  • Eight Core Industries are Electricity, steel, refinery products, crude oil, coal, cement, natural gas and fertilizers. The Index of Eight Core Industries is a monthly production index, which is also considered as a lead indicator of the monthly industrial performance.
  • The Index of Eight Core Industries is compiled based on the monthly production information received from the Source Agencies.
  • Petroleum Refinery production (weight: 28.04per cent), Electricity generation (weight: 19.85per cent), Steel production (weight: 17.92per cent), Coal production (weight: 10.33per cent),Crude Oil production (weight: 8.98per cent), The Natural Gas production (weight: 6.88per cent), Cement production (weight: 5.37per cent), Fertilizers production (weight: 2.63 per cent)

Article Related Questions

  1. Which of the following statements is correct regarding Core Industries of India?

  2. 1.The Index of Eight Core Industries is a monthly production index.

    2.Refinery products have thehighest weightage of all.

    3.All the core industries combined have more than 40% weight in the Index of Industrial Production.

    4.All statements are correct.

    Right Ans : All statements are correct.

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