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Marginal drop in growth of infrastructure industries
By agencies
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Tuesday, 31 January 2006, 20:30 IST
NEW DELHI: The six core infrastructure industries, including crude petroleum, coal, cement and electricity, witnessed a marginal decline in growth to 4.7 percent in December 2005 from 4.8 percent during the same month last year.
For the period of April-December-06, the six core industries saw a decline in growth to 4.5 percent (6.4 percent), an official communiqué said. This marginal decline in infrastructure growth during the above mentioned period was largely on account of a sharp decline in crude oil output and poor performance in the power sector.
According to the data released, the crude petroleum production registered a negative growth of 8.1 percent (provisional) in December 2005 compared to minus 0.6 percent in December 2004. For the nine-month (April-December 2005-06) period, the crude petroleum production registered a negative growth of 5.9 percent as against 2.8 percent during the same period a year ago.
Petroleum refinery production registered a growth of 8.8 percent December 2005 (9.2 percent). For the nine-month period, the growth was 0.4 percent (provisional) against 6.6 percent in the same period of 2004-05.
Coal saw a growth of 6.6 percent (7.7 per cent), while the production grew by 5.7 percent during April-December 2005-06 period (7.3 per cent.) In electricity, the growth was registered at 2.9 percent (against 4.4 percent). For the April-December period, it was increased by 4.7 percent (6.4 percent). Cement production out up registered a double-digit of 13.4 percent (8.3 percent). Production grew by 10.9 percent in April-December (6.9 percent).