November infrastructure output up 1.8 percent
NEW DELHI (Reuters) - India's infrastructure sector output grew 1.8 percent in November from a year earlier, a sharp fall from the upwardly revised annual growth of 6.6 percent in the previous month, government data showed on Monday.
The infrastructure output for eight sectors - coal, crude oil, oil refinery, natural gas, steel, cement, electricity and fertilisers - grew at an annual 3.5 percent in the April-November period compared with 4.8 percent a year earlier.
The infrastructure sector accounts for 37.9 percent of India's industrial output.
(Reporting by Arup Roychoudhury; Editing by Sunil Nair)
- Tweet this
- Share this
- Digg this
- Obama signs order expanding U.S. Afghanistan role - NY Times
- China building South China Sea island big enough for airstrip - report
- Obama to be chief guest at Republic Day celebrations
- Long "to do" list for Modi as clock ticks on reform
- European Parliament may propose Google break-up in draft resolution
Prime Minister Narendra Modi has a long list of pro-growth measures to implement over the next four months, but time may have already run out to breathe enough life into the economy to meet the tough 2014/15 fiscal deficit target without cuts. Article