India’s democratic dilemma
The fake news industry has grown by leaps and bounds under the tutelage of the BJP.
India's Industrial production grew by 2.7 per cent post demonetisation in January, according to an official release on Friday.
The production in December contracted to 0.4 per cent following slow industrial activity in the wake of demonetisation of high currency notes.
Earlier in November, the industry output had expanded by 5.53 per cent.
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The capital goods segment grew by 10.7 per cent in January against a contraction of 21.6 per cent in the same month of last financial year.
The basic goods category expanded by 5.3 per cent against 1.9 per cent growth in January 2016. On the other hand, the intermediate goods category contracted by 2.3 per cent.
Despite quickening of remonetisation process, the consumer goods segment contracted by 1 per cent in January.
The indices of industrial production for mining, manufacturing and electricity sectors posted growth rates of 5.3 per cent, 2.3 per cent and 3.9 per cent respectively in January 2017.
The cumulative growth in these three sectors during April-January 2016-17 was 1.4 per cent, (-) 0.2 per cent and 5.0 per cent, respectively.
With inputs from PTI.
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