19th January 2021

Confidant Classes

A Premier Judicial Service Coaching

June 2020 output of core industries

Output from eight core sector industries fell for the fourth consecutive month in June 2020, although the contraction decreased to 15%, showing some recovery from the 22% drop in May, according to data released Friday by the Commerce Department. Economists expect the negative trend to continue for at least two more months.

  • In April-June 2020-21, the sector’s production fell 24.6% compared to a positive growth of 3.4% in the same period of the previous year.
  • Among the eight key sectors, the fertilizer industry was the only one to experience real growth in June, with production up to 4.2% since June 2019. This, however, is less than the 7.5% growth in May 2020, but reflects prospects in the agricultural sector where a normal monsoon leads to expectations of an excellent kharif harvest.
  • Other industries registered a contraction, with the steel sector as the worst, with a 33% drop in production the previous year.
  • Cement production fell almost 7%, despite a 22% improvement in contraction seen in May.
  • The energy sectors also registered negative growth, with coal production of 15.5% and crude oil and natural gas production of 6% and 12% respectively.
  • Oil refinery output, which weighs the highest in the central sector index, contracted by almost 9%, while electricity production fell 11%.

Judiciary FAQ’s Download

WWW.CONFIDANTCLASSES.IN-1Download
Read More
Judiciary FAQ’s Download

Daily NEWS Summary: 16.01.2021

Covaxin recipients have been asked to sign consent form in “clinical trial mode” India began its Covid-19 vaccination campaign on…
Read More
Daily NEWS Summary: 16.01.2021

Daily NEWS Summary: 15.01.2021

No progress in talks between the Center and the agricultural unions The ninth round of talks between the Center and…
Read More
Daily NEWS Summary: 15.01.2021

Section 230, the law used to ban Donald Trump on Twitter?

Shortly after a slew of President Donald Trump supporters stormed the United States Capitol last week, their social media accounts…
Read More
Section 230, the law used to ban Donald Trump on Twitter?

Daily NEWS Summary: 14.01.2021

Modi to launch vaccination campaign on January 16 Prime Minister Narendra Modi will launch the COVID-19 vaccination campaign across India…
Read More
Daily NEWS Summary: 14.01.2021

Daily NEWS Summary: 13.01.2021

Agriculture Ministry denies RTI consultation on agricultural law consultations, saying it is sub judice Agriculture Ministry rejected Right to Information…
Read More
Daily NEWS Summary: 13.01.2021

Daily NEWS Summary: 12.01.2021

Supreme Court suspends agricultural laws, forms committee over farmers’ objections The Supreme Court on Tuesday suspended the implementation of three…
Read More
Daily NEWS Summary: 12.01.2021

Daily NEWS Summary: 11.01.2021

SC says it intends to stay agricultural laws The Supreme Court said on Monday that it intends to suspend the…
Read More
Daily NEWS Summary: 11.01.2021

Daily NEWS Summary: 10.01.2021

Accumulation of Chinese in LAC is clearly visible, Ladakh leader says Konchok Stanzin, an adviser to Chushul in eastern Ladakh,…
Read More
Daily NEWS Summary: 10.01.2021

Daily NEWS Summary: 09.01.2021

The first phase of vaccination will start on January 16 India’s Covid-19 vaccination campaign is expected to start on January…
Read More
Daily NEWS Summary: 09.01.2021

Daily NEWS Summary: 08.01.2021

“Ghar wapsi” only after “wapsi law”, say the farmers, because the eighth round of negotiations is inconclusive The eighth round…
Read More
Daily NEWS Summary: 08.01.2021
error

Enjoy this? Please spread the word :)