Growth in 8 core sectors of economy declines to 1.3% in November
Q. Growth in 8 core sectors of the economy declined to what percent in November?- Published on 04 Jan 16a. 3.2
b. 1.4
c. 1.3
d. 1.2
ANSWER: 1.3
Growth in 8 sectors of the economy fell 1.3 percent in November, as against 3.2 percent growth in October. This showcases the uneven nature of economic recovery. While cement, crude oil, steel and natural gas production declined M-O-M, electricity production was unchanged. Pace of growth was slower as carrying refined products, fertilizer, refined petrol products and coal output rose. Fiscal deficit for April to November rose to INR 4.83 lakh crore and is currently pegged at 87% of the FY16 Budget estimate.
