Eight core sectors' output falls 4.6% in February 2021
Eight core sectors' output falls 4.6% in February 2021
BusinessToday.In
- Apr 2, 2021,
- Updated Apr 2, 2021 10:51 AM IST
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Coal production contracted for the second consecutive month in February. In fact, this was the highest fall in last 6 months.
SHIVANI SHARMA, PRAGATI SRIVASTAVA
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Crude oil production fell by 3.2% in February 2021 primarily on account of fall in the output from oilfields belonging to national oil companies.
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Natural gas production fell by 1% in February, contracting for 12th consecutive month.
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Refinery production declined sharply to a 4-month low of 10.9% in February compared with 2.6% in January 2021.
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Fertilisers production hit a 10-month low of 3.7% in February primarily because the rabi season had come to an end.
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Steel output fell by 1.8% in February 2021 as against a positive growth of 6.2% in January 2021. The contraction in steel production has been on account of lower buoyancy shown by user industries.
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Cement output which fell by 5.5% in February 2021 has witnessed 4 consecutive months of contraction.
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Electricity production dipped marginally for the first time after 5 consecutive months of positive growth.