November 06, 2024 07:14 (IST)
Follow us:
New Delhi, Feb 10 (IBNS): India’s factory output contracted by (-)0.4 per cent in December, a month after Prime Minister Narendra Modi announced the note ban on Nov 8, government data released on Friday said.
"The General Index for the month of December 2016 stands at 183.5, which is 0.4 percent lower as compared to the level in the month of December 2015," read a government statement.
The cumulative growth for the period April-December 2016 over the corresponding period of the previous year stands at 0.3 percent.
Image:wikimeda commons
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
CBDT grants officials authority to waive or reduce interest payments Wed, Nov 06 2024
Titan Company Q2FY25 grows 23% YoY to Rs 13,473 cr Tue, Nov 05 2024
Dr Reddy's Lab Sept qtr net profit down 9.5% to Rs 13.42 billion Tue, Nov 05 2024
JSW Steel and South Korea’s Posco to invest Rs 65,000 cr in 18 MMT steel plant in Odisha Tue, Nov 05 2024
GRSE is building 17 warships for Indian Navy, says MD at keel laying of Next Generation patrol vessels Tue, Nov 05 2024
Boeing US West Coast factory workers accept new contract, ending seven-week strike: Report Tue, Nov 05 2024