Core sector output up 56.1% on low base impact, triple-digit features in metal, cement

The output of eight core sectors jumped by 56.1 per cent in April, totally on a low base impact and uptick in manufacturing of pure gasoline, refinery merchandise, metal, cement and electrical energy, official knowledge launched on Monday confirmed.
“This high growth rate in April 2021 is largely due to low Index base in April 2020 consequent to the low industrial production across all sectors caused by nationwide lockdown imposed to contain spread of Covid last year,” the Commerce Ministry mentioned. The eight infrastructure sectors had shrunk by 37.9 per cent in April 2020.
As per the info, output of pure gasoline, refinery merchandise, metal, cement and electrical energy rose 25 per cent, 30.9 per cent, 400 per cent, 548.8 per cent and 38.7 per cent this April, as towards (-) 19.9 per cent, (-) 24.2 per cent, (-) 82.8 per cent, (-) 85.2 per cent and (-) 22.9 per cent in April 2020, respectively.
Coal and fertiliser segments too noticed constructive progress. However, crude oil output dipped by 2.1 per cent in April as towards (-) 6.4 per cent in the identical month final 12 months.