New Delhi, Feb 29 (PTI) The growth of eight key infrastructure sectors slowed to a 15-month low of 3.6 per cent in January, on account of poor performance of sectors like refinery products, fertiliser, steel and electricity, according to the official data released on Thursday.
The growth of eight core sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 4.9 per cent in December.
Also Read | Telecom Firms Need Not Deduct Tax at Source on Profits To Be Made by Their Distributors, Says Supreme Court.
It was 9.7 per cent in January 2023.
The previous low level of growth rate was recorded at 0.9 per cent in October 2022.
Cumulatively also, the growth rate in the output of these sectors slowed down to 7.7 per cent as against 8.3 per cent in April-January 2022-23.
The output growth of refinery products and fertiliser was in the negative zone. And the pace of increase in the output of coal, steel, and electricity decelerated during the month under review.
However, crude oil, natural gas, and cement production recorded positive growth in January.
The eight core sectors contribute 40.27 per cent to the country's Index of Industrial Production (IIP).
(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)













Quickly


