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Infrastructure perks up
NEW DELHI,
JULY 22.
The infrastructure sector perked up in the first quarter of the current fiscal at 5.4 per cent against 4.7 per cent over the same period last year despite poor growth in the cement and steel sectors. The improved performance was largely due to a steep 12.6 per cent rise in the oil refinery sector. Crude petroleum, oil refinery products, coal, electricity, cement and finished steel recorded a lower growth of 3.2 per cent in June as compared to 9 per cent in April and 5.1 per cent in May, according to data released here today by the Commerce and Industry Ministry.
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