Index of Eight Core Industries (Base: 2004-05=100) August, 2015



Index of Eight Core Industries (Base: 2004-05=100) August, 2015 

1.         The summary of the Index of Eight Core Industries (base: 2004-05) is given at the Annexure.

2.         The Eight Core Industries comprise nearly 38 % of the weight of items included in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stands at 169.6 in August, 2015, which was 2.6 % higher compared to the index of August, 2014. Its cumulative growth during April to August, 2015-16 was 2.2 %.
Coal
3.         Coal production (weight: 4.38 %) increased by 0.4 % in August, 2015 over August, 2014. Its cumulative index during April toAugust, 2015-16 increased by 4.6 % over corresponding period of previous year.
Crude Oil
4.         Crude Oil production (weight: 5.22 %) increased by 5.6 % in August, 2015 over August, 2014. Its cumulative index during April to August, 2015-16 increased by 0.5 % over the corresponding period of previous year.
Natural Gas
5.         The Natural Gas production (weight: 1.71 %) increased by 3.7 % in August, 2015. Its cumulative index during April to August,2015-16 declined by 2.7 % over the corresponding period of previous year.

Refinery Products (93% of Crude Throughput)
6.         Petroleum Refinery production (weight: 5.94%) increased by 5.8 % in August, 2015. Its cumulative index during April toAugust, 2015-16 increased by 4.3 % over the corresponding period of previous year.
Fertilizers
7.         Fertilizer production (weight: 1.25%) increased by 12.6 % in August, 2015. Its cumulative index during April to August, 2015-16 increased by 5.9 % over the corresponding period of previous year.
Steel (Alloy + Non-Alloy)
8.         Steel production (weight: 6.68%) declined by 5.9 % in August, 2015. Its cumulative index during April to August, 2015-16 declined by 0.03 % over the corresponding period of previous year.
Cement
9.         Cement production (weight: 2.41%) increased by 5.4 % in August, 2015. Its cumulative index during April to August, 2015-16 increased by 1.8 % over the corresponding period of previous year.
Electricity
10.       Electricity generation (weight: 10.32%) increased by 5.6 % in August, 2015. Its cumulative index during April to August,2015-16 increased by 2.8 % over the corresponding period of previous year.

Note 1: Data are provisional. Revision has been made based on revised data received for corresponding month of previous year in respect of Coal, Crude Oil, Natural Gas, Refinery Product, Steel, Cement and Electricity. Accordingly, indices for the month August, 2014 have been revised.

Note 2: Release of the index for September, 2015 will be on Monday, 2nd November, 2015.

Annexure
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2004-05=100
INDEX
Sector
Weight
2010-11
2011-12
2012-13
2013-14
2014-15
Apr-Aug 2014-15
Apr-Aug 2015-16
Coal
4.379
139.7
141.5
148.1
150.0
162.6
140.4
146.9
Crude Oil
5.216
111.0
112.1
111.4
111.2
110.2
109.9
110.4
Natural Gas
1.708
164.4
149.7
128.1
111.5
105.7
106.4
103.5
Refinery Products
5.939
129.7
133.7
172.5
175.0
175.7
171.2
178.5
Fertilizers
1.254
103.4
103.8
100.2
101.8
101.7
99.1
105.0
Steel
6.684
157.7
174.0
181.1
201.9
206.8
211.6
211.6
Cement
2.406
164.2
175.2
188.7
194.5
205.4
207.6
211.4
Electricity
10.316
138.1
149.3
155.3
164.6
178.1
182.2
187.3
Overall Index
37.903
138.4
145.3
154.7
161.2
167.6
166.3
170.0

GROWTH RATES (in %)


Sector
Weight
2010-11
2011-12
2012-13
2013-14
2014-15
Apr-Aug 2014-15
Apr-Aug 2015-16
Coal
4.379
-0.2
1.3
4.6
1.3
8.4
7.7
4.6
Crude Oil
5.216
11.9
1.0
-0.6
-0.2
-0.9
-1.3
0.5
Natural Gas
1.708
10.0
-8.9
-14.5
-13.0
-5.1
-5.8
-2.7
Refinery Products#
5.939
3.0
3.1
29.0
1.5
0.4
-2.7
4.3
Fertilizers
1.254
0.0
0.4
-3.4
1.5
-0.1
2.8
5.9
Steel
6.684
13.2
10.3
4.1
11.5
2.4
6.6
0.0
Cement
2.406
4.5
6.7
7.7
3.1
5.6
11.0
1.8
Electricity
10.316
5.6
8.1
4.0
6.0
8.2
11.7
2.8
Overall Index
37.903
6.6
5.0
6.5
4.2
4.0
5.6
2.2
#Refinery Products’ yearly growth rate of 2012-13 is not comparable with other years on account of inclusion of RIL (SEZ) production data since April, 2012.

Performance of Eight Core Industries
Monthly Index & Growth Rate
Base Year: 2004-05=100


INDEX
Sector
Coal
Crude Oil
Natural Gas
Refinery Products
Fertilizers
Steel
Cement
Electricity
Overall Index
Weight
4.379
5.216
1.708
5.939
1.254
6.684
2.406
10.316
37.903
Aug-14
138.5
106.8
103.4
175.0
105.7
209.9
187.1
184.0
165.2
Sep-14
140.1
107.5
102.6
169.7
101.1
197.4
198.0
175.3
160.6
Oct-14
158.2
113.6
107.2
180.5
105.1
189.8
185.9
184.1
165.9
Nov-14
174.0
111.0
106.2
181.3
104.4
195.8
190.8
174.6
166.2
Dec-14
186.0
113.4
109.4
186.2
108.5
207.9
211.2
175.7
172.7
Jan-15
185.0
112.6
108.5
185.7
111.6
218.9
217.2
175.7
174.8
Feb-15
185.9
101.5
95.8
166.0
97.5
195.9
205.7
164.8
161.5
Mar-15
220.4
113.9
107.2
182.5
96.9
217.3
217.4
175.9
177.8
Apr-15
156.0
106.6
100.9
161.3
87.3
201.3
213.6
176.0
162.4
May-15
156.5
112.5
107.8
186.0
101.8
231.7
221.3
194.0
178.6
Jun-15
148.1
109.5
102.9
183.9
105.3
221.1
215.0
181.8
171.2
Jul-15
134.7
110.7
99.0
176.2
111.3
206.3
209.7
190.3
168.0
Aug-15
139.0
112.8
107.2
185.1
119.0
197.5
197.2
194.3
169.6

GROWTH RATES (in %)
Sector
Coal
Crude Oil
Natural Gas
Refinery Products
Fertilizers
Steel
Cement
Electricity
Overall Index
Weight
4.379
5.216
1.708
5.939
1.254
6.684
2.406
10.316
37.903
Aug-14
13.2
-4.9
-8.1
-4.4
-4.3
9.4
10.0
12.9
5.9
Sep-14
7.2
-1.1
-6.2
-2.5
-11.6
4.0
3.2
3.8
1.9
Oct-14
16.2
1.0
-4.2
4.2
-7.0
2.3
-1.0
13.2
6.3
Nov-14
14.5
-0.1
-2.9
8.1
-2.8
1.3
11.3
10.2
6.7
Dec-14
7.5
-1.4
-3.5
6.1
-1.6
-2.4
3.8
3.7
2.4
Jan-15
1.7
-2.3
-6.6
4.7
7.1
1.6
0.5
2.7
1.8
Feb-15
11.6
-1.9
-8.1
-1.0
-0.4
-4.4
2.7
5.2
1.4
Mar-15
6.0
1.7
-1.5
-1.3
5.2
-4.4
-4.2
1.7
-0.1
Apr-15
7.9
-2.7
-3.6
-2.9
0.0
0.6
-2.4
-1.1
-0.4
May-15
7.8
0.8
-3.1
7.9
1.3
2.6
2.6
5.5
4.4
Jun-15
6.3
-0.7
-5.9
7.5
5.8
4.9
2.6
0.2
3.0
Jul-15
0.3
-0.4
-4.4
2.9
8.59
-2.6
1.3
3.5
1.1
Aug-15
0.4
5.6
3.7
5.8
12.6
-5.9
5.4
5.6
2.6

************ 

Clarification Regarding Rumours of Government Ban on Export of Basmati Rice
It has come to the notice of Government of India that rumours are bring spread by certain elements that the Government has banned the export of Basmati rice. The Government of India most emphatically clarifies that there is no truth in such rumours and the Government is not even considering any proposal to ban export of Basmati rice. As per the extant policy, export of Basmati rice is allowed subject to registration of contracts with the Agricultural & Processed Food Products Export Development Authority (APEDA). There is no change in the policy and exports of Basmati rice are continuing unabated. During the period from April 2015 to August 2015, exports of Basmati rice have grown by 16.93% in quantity terms as compared to the corresponding period during the previous year. In view of softening of commodity prices, the realization of Basmati rice has gone down as has happened with many other commodities. However, all steps are being taken to explore more markets & promote retail packs to improve the realization for Basmati rice. It is expected that a good flow of export orders is likely and the Government also expects the present trend of growth in export of Basmati rice to continue. 

No comments

Powered by Blogger.