The eight core industries include electricity, coal, crude oil, natural gas, refinery products and fertilizers. Coal, petroleum, cement and electricity rose in double digits.
The manufacturing sector’s output recorded a growth of 20.6% in May this year. In the same month mining output jumped 10.9%, while power generation grew by 23.5%.
The growth of eight core sectors was at 8.4 per cent in April, up from 4.9 per cent in March. These eight core sectors comprise 40.3 per cent of the total weightage of the IIP.
The government has recently mandated CIL to import coal as an emergency measure to avoid a shortage of coal for the country's power utilities and build up buffer stock
A high-level committee of NITI Aayog had earlier recommended that "there should not be any requirement of forest clearance for undertaking exploration."
The ministry's statement comes against the backdrop of certain parts of the country grappling with power outages due to a shortage of coal for power plants.
Sri Lanka is aiming to boost its agriculture sector to avoid any disruption in the agriculture market following the drop in the paddy cultivation in the Maha session.
The Water and Power Development Authority (WAPDA) has devised a plan to increase the existing 9,406 megawatts (MW) to 20,591 MW by the year 2028-29.
JSW Steel's production of flat-rolled products rose 25 per cent to 1.15 MT in February 2022, compared with 0.93 MT in the year-ago period.
It also said that the Rajya Sabha's communication output per week in the last four years was 4.5 times that of the preceding five years (2012 to 2017).
January inflation eases to 5.07 per cent, December Index of Industrial Production lowers to 7.1 per cent
As per the data released by the Central Statistics Office, the sequential slowdown in factory output was mainly on account of lower production in the manufacturing sector.
Index of industrial production expands 7.1 per cent in December; retail inflation softens to 5.07 per cent in January.
Economists surveyed by Reuters had forecast 6.2 percent growth in output compared with an upwardly revised 8.8 percent year-on-year increase in November.