{"id":620590,"date":"2023-12-02T09:44:51","date_gmt":"2023-12-02T04:14:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=620590"},"modified":"2023-12-02T11:13:11","modified_gmt":"2023-12-02T05:43:11","slug":"indias-core-sector-output-grew-by-12-1-in-october-on-low-base-effect","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-core-sector-output-grew-by-12-1-in-october-on-low-base-effect\/","title":{"rendered":"India&#8217;s core sector output grew by 12.1% in October on low base effect"},"content":{"rendered":"<p>India\u2019s core sector output, that measures production by eight industries, grew 12.1 per cent in October compared to the same time last year, the government said on Thursday. <\/p>\n<p>A low base effect and double-digit growth in four industries \u2013 electricity, coal, steel, and cement \u2013 drove up production. The core sector output had recorded a 0.7 per cent growth in October 2022. <\/p>\n<p>The figures for September were revised upward to 9.2 per cent from 8.1 per cent earlier. <\/p>\n<p>\u201cThis is a good sign as it reflects higher levels of activity in the infra space, which has been supported by the central government and some state governments,\u201d said Madan Sabnavis, chief economist, Bank of Baroda about the October numbers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s core sector output, that measures production by eight industries, grew 12.1 per cent in October compared to the same time last year, the government said on Thursday. A low base effect and double-digit growth in four industries \u2013 electricity, coal, steel, and cement \u2013 drove up production. The core sector output had recorded a 0.7 per cent growth in October 2022. The figures for September were revised upward to 9.2 per cent from 8.1 per cent earlier. \u201cThis is a good sign as it reflects higher levels of activity in the infra space, which has been supported by the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-620590","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/620590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=620590"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/620590\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=620590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=620590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=620590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}