Business

Growth Of 8 Core Industries Was 3.1% In November

Growth of 8 core industries was 3.1% in November, the lowest growth rate since February.

According to government data released on Friday, the growth of eight core industries grew by 3.1 percent in November 2021.

The lowest growth rate since February in 2021, compared to a decline of 1.1 percent in the same month of 2020.

Barring crude oil and cement, all other sectors have registered positive growth in November.

The growth rate of these key sectors grew by 8.4 percent in October. The growth rate had come down to 3.3 percent in February 2021.

13.7 percent growth rate between April-November.

Eight infrastructure sectors – coal, crude oil, natural gas, refinery products, fertilizers, steel, cement, and electricity – grew at 13.7 percent between April-November during the current fiscal.

As compared to 11.1 percent during the same period of the previous fiscal with negative growth of percentage.

The growth of 8 core industries was 3.1% in November: What do the figures for November say?

In November, coal grew by 8.2 percent, natural gas by 23.7 percent, refinery products by 4.3 percent, fertilizers by 2.5 percent, steel by 0.8 percent, and electricity by 1.5 percent, according to the data.

The eight core industries comprise 40.27 percent of the weight of the commodities included in the Index of Production (IIP).

What are the eight infrastructure sectors?

When it comes to the eight infrastructure sectors, they include coal, crude oil, natural gas, refinery products, fertilizers, steel, cement, and electricity.

These are very important sectors for the infrastructure of the country. They have a great contribution to the system of the country. Everyone’s eyes are on their figures, how are these sectors performing.

The central government has fixed 3 ticket booking agents for government air travel

The Finance Ministry on Friday said that for all air travel, the cost of which is borne by the government, tickets will be purchased from any one of the three agents – Balmer Lawrie, Ashok Travels and Tours, and IRCTC.

In an office memorandum, the Department of Expenditure under the Ministry of Finance said that the decision has been taken in view of the disinvestment of Air India.

It said, “In all cases of air travel where the Government of India bears the cost of the air route, the air ticket shall be issued by three authorized travel agents-

Balmer Lawrie & Company Limited (BLCL), Ashok Travels & Tours (ATT), Indian Railway Catering & Tourism Corporation Limited (IRCTC).”

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