November 23, 2024 06:44 (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
Mahindra teases sketches of BE 6e, XEV 9e Fri, Nov 22 2024
Ather Energy Limited unveils ‘Eight70 Warranty’ for the battery of its electric scooters Fri, Nov 22 2024
Bitcoin soars to all-time high, nearing the $100,000 milestone Fri, Nov 22 2024
Mukesh Ambani's Jio loses nearly 80 lakh subscribers in just 30 days; BSNL emerges as a gainer Fri, Nov 22 2024
Kenya cancels Adani airport and energy deals following US bribery indictment: Report Fri, Nov 22 2024
Why is US probing Gautam Adani over allegations of bribery in India? Thu, Nov 21 2024