Daily Current Affairs on March Core Sector Growth Slows to 5.3% From February's 7.1% for Punjab Government (Allied) Exams Preparation

Indian Economy

Current GK(Punajb Allied)

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Indian Economy - Understanding the basics of Indian economic system

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March Core Sector Growth Slows to 5.3% From February's 7.1%

 India’s eight core sectors posted a growth of 5.2% in March, slower than February, which was reported at 7.1%, according to government data.

  • The number was higher than March 2023 at 4.2%.
  • The eight core infrastructure sectors comprise coal, crude oil, steel, cement, electricity, fertilizers, refinery products, and natural gas.
  • The slowdown in March growth was attributed to lower crude oil production and contraction in refinery products and fertilisers, per the data released by the ministry of commerce and industries.

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