Industry & Economy
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Infrastructure
Infrastructure records 5.6 pc growth in April-Aug
Our Bureau
New Delhi
,
Sept. 22
THE official six-industry infrastructure index has registered a 5.6 per cent year-on-year growth during April-August this year, as against 4.2 per cent during the corresponding five months period of 2003.
The higher growth has been mainly led by the energy sector, with growth rates during April-August 2004 being 4.7 per cent in crude petroleum (against minus 1.8 per cent during April-August 2003), 8.8 per cent in refined petro-products (5.1 per cent), 5.4 per cent in coal (3.7 per cent) and 7.8 per cent in electricity (2.4 per cent).
But on the other hand, there has been a slowdown in cement and finished steel, which have registered lower growth rates of 3.4 per cent (5.2 per cent) and 2.8 per cent (8.9 per cent).
During the latest recorded month of August 2004, the overall index grew year-on-year by 4.4 per cent, against 3.9 per cent in the same month last year.
The growth rates in August 2004 were higher for crude petroleum (5.1 per cent versus minus 2.8 per cent) and electricity (7.2 per cent versus 1.2 per cent), while being lower in refined petro-products (4.4 per cent versus 7.1 per cent), coal (1.2 per cent versus 3.5 per cent), cement (0.8 per cent versus 6.4 per cent) and steel (2.6 per cent versus 9.2 per cent).
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