https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Coal Sector Leads Growth Among Eight Core Industries in June

The coal sector led growth among the eight core industries in June, achieving a 14.8 percent increase. This surge, driven by a significant rise in coal production to 84.71 million tonnes, pushed the Combined Index of Eight Core Industries up by 4 percent year-on-year.
Indian Masterminds Stories

The coal sector posted the highest growth among the eight core industries for June, achieving a 14.8 percent increase, the Ministry of Coal announced on Friday. According to the Index of Eight Core Industries (ICI) report from the Ministry of Commerce & Industries, the coal industry index reached 186.4 points in June this year, up from 162.4 points in the same period last year. From April to June 2024-25, the cumulative index rose by 10.8 percent over the previous year.

The ICI tracks the combined and individual production performance of eight core industries: cement, coal, crude oil, electricity, fertilizers, natural gas, refinery products, and steel.

Driven by the coal sector’s substantial performance, the Combined Index of Eight Core Industries grew by 4 percent year-on-year in June 2024. The coal industry has consistently outpaced other sectors, demonstrating significantly higher growth over the past two years.

This surge can be attributed to a remarkable increase in coal production, which reached 84.71 million tonnes in June 2024, up 14.6 percent from the previous year. This growth highlights the sector’s capacity to meet the rising demand from energy and manufacturing industries.

The Ministry of Coal emphasized that this exceptional expansion is a testament to its persistent efforts and proactive initiatives, which align with the Atmanirbhar Bharat vision. These initiatives aim to enhance self-sufficiency and energy security in the country. The Ministry’s dedication to fostering growth in the coal sector has played a pivotal role in propelling the overall development of the eight core industries, contributing significantly to the nation’s progress.


Indian Masterminds Stories
Related Stories
NEWS
IAS-Officer-Logo
IAS Siddharth Mahajan’s Tenure as Joint Secretary Extended in Department of Commerce
IRS Officers ndian revenue Services
IRS Vikas Singh Appointed Director in Ministry of Petroleum & Natural Gas
Inter cadre Transfer
Two IPS Officer Given Inter-cadre Transfer on the Grounds of Marriage; Check Names Here
Alka Tiwari IAS
Jharkhand: IAS Alka Tiwari Appointed New Chief Secretary Ahead of Elections
Bibek Debroy
Remembering Bibek Debroy: The Economist Who Bridged Ancient Wisdom and Modern Policy
Ministry_of_CorporateAffairs(Corporate)MCA
IRS Kiran Reddy T Appointed Director, Ministry of Corporate Affairs
bribery
Two IRS & Three CGST SIs Arrested By CBI In "Rs. 50 Lakh" Bribery Case
West bengal Government WB
West Bengal: IAS Ravi Kumar Meena Made SDO, Arambagh-Hooghly
Videos
Prakash Singn IPS
Mulayam Singh Introduced Casteism in Police Force
WhatsApp Image 2024-10-25 at 21.23
Why Only Soldiers? Can’t Politicians or Civilians Sacrifice Too?
IMG-20241022-WA0016
IAS Officer’s Mission to Combat Breast Cancer in Rural India | Video Interview
ADVERTISEMENT
Latest
Tejas Krishna Prasad
How COVID-19 Led an Olympic Marksman to Crack UPSC
IAS-Officer-Logo
IAS Siddharth Mahajan’s Tenure as Joint Secretary Extended in Department of Commerce
ADVERTISEMENT
Videos
Prakash Singn IPS
WhatsApp Image 2024-10-25 at 21.23
IMG-20241022-WA0016
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT