July Infrastructure Output: The output of core sectors grew by 9.4 per centInfrastructure Output in July2021:The output of the eight core infrastructure sectors rose to 9.4per cent in July2021,compared to the same month last year, government data showed on Tuesday, August 31.The infrastructure output witnessed a de-growth of 7.6per cent in July2020 when the pandemic-induced lockdown hit industrial activity across the country.
The eight core industries comprises 40.27 per cent of the total weight of the items included in the industrial output or the Index of Industrial Production (IIP).
(Also Read:Infrastructure Output Of Core Sectors Rises 8.9% In June 2021)The combined index of the eight core industries stood at 134.0in June 2021,according to provisional data released by the Ministry of Commerce and Industry today.
In the year-ago period, the combined index was 122.5.
The growth in the infrastructure output last month was mostly driven by the cement, coal, and natural gas sectors.The infrastructure output - whichcomprises the eight core sectors such as electricity,coal, crude oil, among others,recorded a growth of 21.2 per cent in April-Julyperiod of the current fiscal, compared to a de-growthof 19.8per cent in the corresponding period last year.The production of cement, coal,and natural gas sectors increased by 21.8 per cent, 18.7 per cent, and 18.9 per cent, respectively.The production of petroleum refinery products, fertilizers, steel, and electricity sectors also registered growth in July, increasing by 6.7 per cent, 0.5 per cent, 9.3 per cent, and nine per cent, respectively,compared to the corresponding period last year.Crude oil is the only sector that registered a de-growth in production last month at 3.2cent,according to Commerce Ministry data.
This sector recorded a de-growth in June 2021 as well.