The IIP had grown by 5.2 per cent in February 2020. (Representational Photo) 
Business

Industrial production contracts 3.6 per cent in February

Industrial production has been hit due to the COVID-19 pandemic since March last year when it contracted by 18.7 per cent.

PTI

NEW DELHI: India's industrial production contracted by 3.6 per cent in February, official data showed on Monday.

According to the Index of Industrial Production (IIP) data released by the National Statistical Office (NSO), manufacturing sector output declined by 3.7 per cent in February 2021.

Mining output slipped 5.5 per cent, while power generation grew by 0.1 per cent in February.

The IIP had grown by 5.2 per cent in February 2020.

During April-February, IIP contracted by 11.3 per cent compared to one per cent growth in the corresponding period of 2019-20.

Industrial production has been hit due to the COVID-19 pandemic since March last year when it contracted by 18.7 per cent.

The Pied Piper of the digital age: Why India must shield young minds from algorithmic enchantment

Hindu man stabbed, set on fire in Bangladesh, escapes by jumping into pond; fourth attack in two weeks

Did candle held close to wooden ceiling spark blaze? Swiss ski resort town reels as 40 feared dead, 115 injured

Parliament in 2026: Will disruption once again overshadow deliberation?

RBI says economy resilient, banks stronger but warns of rising risks from unsecured loans, stablecoins

SCROLL FOR NEXT