The country’s industrial output declined by 16.7 per cent in March, on account of poor show by mining, manufacturing and electricity sectors mainly due to the nationwide lockdown, government data showed on Tuesday.

(Rep Image)

The country’s industrial output declined by 16.7 per cent in March, on account of poor show by mining, manufacturing and electricity sectors mainly due to the nationwide lockdown, government data showed on Tuesday.

The government had imposed lockdown to contain Covid-19 from March 25.

The Index of Industrial Production (IIP) had grown by 2.7 per cent in March, 2019.

According to National Statistical Office (NSO) data, manufacturing sector output fell by 20.6 per cent compared to a growth of 3.1 per cent in the same month a year ago.

Electricity generation declined by 6.8 per cent as against a growth of 2.2 per cent in March 2019.

Mining sector output remained flat compared to a growth of 0.8 per cent earlier.

The IIP in the last fiscal contracted by 0.7 per cent from 3.8 per cent expansion in the 2018-19.

Also Read | Covid-19: India hints at opening lockdown as trains to ply from May 12, PM-CMs meet on economy today

Watch | Mega economists’ brainstorm: Experts discuss ways to revive Indian economy post Covid-19

Get real-time alerts and all the news on your phone with the all-new India Today app. Download from

  • Andriod App
  • IOS App

Source Article