Industry & Economy
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Infrastructure
Infrastructure grows 5.9 pc in September
Our Bureau
New Delhi
,
Oct. 26
THE official six-industry infrastructure index has registered a 5.7 per cent year-on-year growth during April-September this year, as against 5.4 per cent during the corresponding first half of 2003-04.
The higher growth rate has been mainly led by the energy sector, with growth rates during April-September 2004 being 4.2 per cent in crude petroleum (against minus 1.5 per cent during April-September 2003), 7.4 per cent in refined petroproducts (6.1 per cent), 6.6 per cent in coal (4.1 per cent) and 7.8 per cent in electricity (3 per cent).
But on the other hand, there has been a slowdown in cement and finished steel, which have registered lower first-half growth rates of 4.8 per cent (5.6 per cent) and 3 per cent (11.9 per cent).
During September, the overall index grew year-on-year by 5.9 per cent, against 7.9 per cent in the same month last year.
The growth rates in September 2004 were higher for crude petroleum (2 per cent versus nil), coal (10.9 per cent versus 5.3 per cent), cement (9.8 per cent versus 7.8 per cent) and electricity (7.5 per cent versus 6 per cent), while being lower in refined petro-products (0.1 per cent versus 11 per cent) and steel (4.4 per cent versus 13.9 per cent).
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