India News | Industrial Production Remains Flat at 0.2 Pc Growth in Sep
Get latest articles and stories on India at LatestLY. Industrial production remained flat at 0.2 per cent growth in September, despite higher output of mining and power generation sectors, official data showed on Thursday.
New Delhi, Nov 12 (PTI) Industrial production remained flat at 0.2 per cent growth in September, despite higher output of mining and power generation sectors, official data showed on Thursday.
According to the Index of Industrial Production (IIP) data, manufacturing sector production registered a decline of 0.6 per cent.
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The output of mining and power segments grew at 1.4 per cent and 4.9 per cent, respectively.
The IIP had contracted by 4.6 per cent in September 2019.
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With the gradual relaxation of restrictions, there has been a relative improvement in the economic activities by varying degrees as well as in data reporting, the Ministry of Statistics and Programme Implementation said in a statement.
It may not be appropriate to compare the IIP in the post-pandemic months with the IIP for months preceding the COVID-19 pandemic, it added.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)