{"id":10908,"date":"2020-07-31T13:04:00","date_gmt":"2020-07-31T13:04:00","guid":{"rendered":"https:\/\/bengalnewstimes.com\/?p=10908"},"modified":"2020-07-31T13:04:00","modified_gmt":"2020-07-31T13:04:00","slug":"eight-core-industries-output-shrinks-by-15-in-june-2020","status":"publish","type":"post","link":"https:\/\/bengalnewstimes.com\/?p=10908","title":{"rendered":"Eight core industries\u2019 output shrinks by 15% in June 2020"},"content":{"rendered":"<p><\/p>\n<div id=\"content-body-14269002-32240448\">\n<p> Contracting for the fourth consecutive month, the output of eight core infrastructure industries shrank by 15% in June due to fall in the production of coal, crude oil, natural gas, steel, cement and electricity.<\/p>\n<p> The eight core sectors had expanded by 1.2% in June 2019, data released by the Commerce and Industry Ministry on Friday showed.<\/p>\n<p>Barring fertilizer, all seven sectors &#8211; coal, crude oil, natural gas, refinery products, steel, cement, and electricity &#8211; had recorded negative growth in May.<\/p>\n<p> The output of coal, crude oil, natural gas, refinery products, steel, cement and electricity declined by 15.5%, 6%, 12 per cent, 8.9%, 33.8%, 6.9%, and 11%, respectively.<\/p>\n<p> During April-June 2020-21, the sector\u2019s output dipped by 24.6% as compared to a positive growth of 3.4% in the same period previous year.<\/p>\n<p> These eight industries account for 40.27% in the Index of Industrial Production (IIP).<\/p>\n<p> In May, the sectors\u2019 output contracted by 22%.<\/p>\n<\/div>\n<div style=\"display:none\">\n<div class=\"col-xs-12 col-md-12 col-lg-12 col-sm-12\">\n<div class=\"subscriptioncontainer\">\n<div class=\"subscriptioncontainermain\">\n<div class=\"col-xs-12 col-sm-12 col-md-12 subscripeleftcontent\">\n<p class=\"planTodayDiv text-center\">You have reached your limit for free articles this month.<\/p>\n<p class=\"planTodayDiv text-center\"> To get full access, please subscribe. <\/p>\n<p class=\"signinlnk text-center\" data-category=\"Meterpaywall\" data-label=\"sign\"> Already have an account ? <a href=\"https:\/\/subscription.thehindu.com\/signup?utm_source=meterpaywall&amp;utm_medium=32240448&amp;utm_campaign=industry\" class=\"signintodayspaper\">Sign in<\/a>\n<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>Show Less Plan <i class=\"fa fa-angle-down\"\/><\/p>\n<\/div>\n<div class=\"subscriptionbenefits\">\n<h4 class=\"subscriptionbenefitstitle\">Subscription Benefits Include<\/h4>\n<div class=\"col-xs-12\">\n<div class=\"col-xs-12 col-sm-6 col-md-6 nopad\">\n<div class=\"reasonforsubscrptionitems\">\n<span class=\"reasonforsubscrptionitemsimg todayimg\"\/><\/p>\n<div class=\"reasonforsubscrptionitemscontent\">\n<h6 class=\"reasonforsubscrptionitemscontenttitle\">Today&#8217;s Paper<\/h6>\n<p class=\"reasonforsubscrptionitemscontentlead\">Find mobile-friendly version of articles from the day&#8217;s newspaper in one easy-to-read list.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"col-xs-12 col-sm-6 col-md-6 nopad\">\n<div class=\"reasonforsubscrptionitems\">\n<span class=\"reasonforsubscrptionitemsimg fasterimg\"\/><\/p>\n<div class=\"reasonforsubscrptionitemscontent\">\n<h6 class=\"reasonforsubscrptionitemscontenttitle\">Faster pages<\/h6>\n<p class=\"reasonforsubscrptionitemscontentlead\">Move smoothly between articles as our pages load instantly.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"col-xs-12 col-sm-6 col-md-6 nopad\">\n<div class=\"reasonforsubscrptionitems\">\n<span class=\"reasonforsubscrptionitemsimg adimg\"\/><\/p>\n<div class=\"reasonforsubscrptionitemscontent\">\n<h6 class=\"reasonforsubscrptionitemscontenttitle\">Unlimited Access<\/h6>\n<p class=\"reasonforsubscrptionitemscontentlead\">Enjoy reading as many articles as you wish without any limitations.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"col-xs-12 col-sm-6 col-md-6 nopad\">\n<div class=\"reasonforsubscrptionitems\">\n<span class=\"reasonforsubscrptionitemsimg dashimg\"\/><\/p>\n<div class=\"reasonforsubscrptionitemscontent\">\n<h6 class=\"reasonforsubscrptionitemscontenttitle\">Dashboard<\/h6>\n<p class=\"reasonforsubscrptionitemscontentlead\">A one-stop-shop for seeing the latest updates, and managing your preferences.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"col-xs-12 col-sm-6 col-md-6 nopad\">\n<div class=\"reasonforsubscrptionitems\">\n<span class=\"reasonforsubscrptionitemsimg recomimg\"\/><\/p>\n<div class=\"reasonforsubscrptionitemscontent\">\n<h6 class=\"reasonforsubscrptionitemscontenttitle\">Personalised recommendations<\/h6>\n<p class=\"reasonforsubscrptionitemscontentlead\">A select list of articles that match your interests and tastes.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"col-xs-12 col-sm-6 col-md-6 nopad\">\n<div class=\"reasonforsubscrptionitems\">\n<span class=\"reasonforsubscrptionitemsimg briefimg\"\/><\/p>\n<div class=\"reasonforsubscrptionitemscontent\">\n<h6 class=\"reasonforsubscrptionitemscontenttitle\">Briefing<\/h6>\n<p class=\"reasonforsubscrptionitemscontentlead\">We brief you on the latest and most important developments, three times a day.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"subscriptiontext col-xs-12\">\n<p>\n*Our Digital Subscription plans do not currently include the e-paper ,crossword, iPhone, iPad mobile applications and print. Our plans enhance your reading experience.\n<\/p>\n<\/div>\n<\/div>\n<p><a href=\\\"https:\/\/www.thehindu.com\/business\/Industry\/eight-core-industries-output-shrinks-by-15-in-june-2020\/article32240448.ece\\\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Contracting for the fourth consecutive month, the output of eight core infrastructure industries shrank by 15% in June due to fall in the production of coal, crude oil, natural gas, steel, cement and electricity. The eight core sectors had expanded by 1.2% in June 2019, data released by the Commerce [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":383,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[36],"tags":[],"class_list":["post-10908","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-business"],"jetpack_featured_media_url":"https:\/\/bengalnewstimes.com\/wp-content\/uploads\/2020\/06\/og-image.jpg","_links":{"self":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/10908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10908"}],"version-history":[{"count":0,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/10908\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/media\/383"}],"wp:attachment":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}