Infrastructure sector expands by 2.8% in May

Infrastructure sector expands by 2.8% in May
PTI
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First Published: Tue, Jun 30 2009. 11 24 AM IST
Updated: Tue, Jun 30 2009. 11 24 AM IST
New Delhi: The six core industries grew by 2.8% in May 2009 against 3.1% in the same month last year on improved production in cement, coal and electricity.
The growth rate of six core industries — crude oil, petroleum refinery products, coal, electricity, cement and finished steel — was 4.3% in April.
Cement production increased by 11.6% in May against 3.8% a year ago, while coal production rose by 10.2% during the month against 8.8% in May 2008.
Electricity generation grew by 3.3% in May 2009 against a growth rate 2% in the same month last year.
However, crude oil production contracted by 4.3% in May, while it had a growth rate of 3.2% in the same month last year.
Production in petroleum refinery products too shrank by 4.3% in May compared to a growth rate of 0.1% in May 2008.
Finished steel posted a growth rate of 1.4% in the second month of 2009-10 fiscal against 3.3% in the same month last year.
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First Published: Tue, Jun 30 2009. 11 24 AM IST
More Topics: Economy | Infrastructure | Crude oil | Petroleum | Coal |