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.
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