{"id":8366,"date":"2020-06-02T18:46:23","date_gmt":"2020-06-02T13:16:23","guid":{"rendered":"https:\/\/triumphias.com\/blog\/?p=8366"},"modified":"2020-06-02T18:46:23","modified_gmt":"2020-06-02T13:16:23","slug":"eight-core-industries-index","status":"publish","type":"post","link":"https:\/\/triumphias.com\/blog\/eight-core-industries-index\/","title":{"rendered":"Eight Core Industries Index"},"content":{"rendered":"<section class=\"hero-section\" data-type=\"type-1\" data-alignment=\"left\">\n<header class=\"entry-header\">\n<h1 class=\"page-title\">\u00a0Relevance: Prelims: Economy<\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/img.etimg.com\/photo\/msid-76098366\/17.jpg\" alt=\"Core sector output contracts 38% in April owing to stalled ...\" \/><\/p>\n<p><strong>Why in news?<\/strong><\/p>\n<\/header>\n<\/section>\n<div class=\"entry-content\">\n<p>\u2022 The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade (DPIIT) released the Index of Eight Core Industries (Base: 2011-12=100) for the Month of April, 2020.<\/p>\n<p><b>About:<\/b><\/p>\n<p>\u2022 The growth rate of Index of Eight Core Industries for April 2020 declined by 38.1% (provisional) compared to decline of 9% (provisional) previous month of March 2020.<\/p>\n<p>\u2022 In view of nationwide lockdown during April 2020 due to COVID-19 pandemic, various industries viz. Coal, Cement, Steel, Natural Gas, Refinery, Crude Oil etc. experienced substantial loss of production.<\/p>\n<p>\u2022 Production of coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity contracted by 15.5%, 6.4%, 19.9%, 24.2%, 4.5%, 83.9%, 86%, 22.8%, respectively.<\/p>\n<p>\u2022 The Eight Core Industries comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP).<\/p>\n<p>\u2022 During 2019-20, core industries recorded 0.6% growth against 4.4% in 2018-19.<\/p>\n<\/div>\n<p><span style=\"color: #0000ff;\"><strong>For more such notes, Articles, News &amp; Views Join our Telegram Channel.<\/strong><\/span><\/p>\n<p><a title=\"telegram Link\" href=\"https:\/\/t.me\/triumphias\" target=\"_blank\"><span style=\"color: #ff0000;\"><strong>https:\/\/t.me\/triumphias<\/strong><\/span><\/a><\/p>\n<p><strong><span style=\"color: #0000ff;\">Click the link below to see the details about the UPSC \u2013Civils courses offered by Triumph IAS.<\/span> <span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/triumphias.com\/pages-all-courses.php\">https:\/\/triumphias.com\/pages-all-courses.php<\/a><\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0Relevance: Prelims: Economy Why in news? \u2022 The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade<\/p>\n","protected":false},"author":1,"featured_media":7219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[123],"tags":[392],"class_list":["post-8366","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs","tag-union-public-service-commission-upsc"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/posts\/8366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/comments?post=8366"}],"version-history":[{"count":1,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/posts\/8366\/revisions"}],"predecessor-version":[{"id":8367,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/posts\/8366\/revisions\/8367"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/media\/7219"}],"wp:attachment":[{"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/media?parent=8366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/categories?post=8366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/tags?post=8366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}