New Delhi: India’s core sector output shrank by a record 38.1 per cent for the month of April 2020, as the coronavirus-induced lockdown, played havoc with output.
The eight core sectors had expanded by 5.2 percent in April 2019, and has fallen by 9 per cent in the month of March, 2020. The key sectors that comprise the core output includes coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity.
A look at some of the sector wise declines:
- Coal sector output – negative 15.5 per cent (year-on-year)
- Cement sector output – negative 86 per cent (year-on-year)
- Steel sector output – negative 83.9 per cent (year-on-year)
- Natural gas output – negative 19.9 per cent (year-on-year)
