Production of the country's eight basic infrastructure industries fell sharply by 23.4 per cent in May

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New Delhi, 30 June 2020 Tuesday

Production of eight basic infrastructure industries in the country declined significantly by 23.4 per cent in May due to the corona virus lockdown.

Compared to the same period last year, eight infrastructure sectors grew by 3.8 per cent. This is stated in the figures released by the Ministry of Trade and Industry.

May 2020 saw a negative growth in production in all seven sectors except chemical fertilizers - coal, crude oil, natural gas, refinery products, steel, cement and electricity.

During April-May 2020, the sector saw a 30 per cent decline in production, compared to an increase of 4.5 per cent in the corresponding period of the previous year.

According to the Ministry of Commerce and Industry, the shutdown of all industries in the country in April and May following the lockdown imposed to curb the spread of the corona virus has led to a loss of production in the infrastructure sector. The eight infrastructure sectors account for 40.27 per cent of the country's industrial output.

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