India’s Core sector output contracts by record 38.1% in April
Image Credit: shortpedia
The output of eight core infrastructure industries declined by a record 38.1% in April due to the coronavirus-induced lockdown, according to the official data. The eight core sectors had expanded by 5.2% in April 2019, the data released by the Commerce and Industry Ministry on Friday showed. The Eight Core Industries comprise 40.27% of the weight of items included in the Index of Industrial Production (IIP).