Core infrastructure growth rises to 7.3% in june

In what will signal some revival in economy, core infrastructure sector grew fastest in 9 months at 7.3 per cent in June helped by a low base last year. This comes on back of industrial production (IIP) growth in May at 19 months high of 4.7 per cent due to good performance by manufacturing, mining and power sectors.

The eight core infra industries which consists of fertilisers, cement, steel, electricity, crude oil, coal, petroleum refinery products and natural gas, have a combined weight of about 37.90 per cent in the Index of Industrial Production (IIP).

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Chanakya believed that the unfolding present will cast its shadow on the configuration of the future. That is why he believed that analysing the situation as it exists today, provides the material for devising the strategy that must be shaped for the morrow. There is a causal continuity between the past, present and the future.

The Bharatiya Janata Party is desperate to form a government in Delhi, but its attempts to cobble together the requisite numbers keep hitting a roadblock.