Covid squeezes core sector in April, output slumps 38%

Covid squeezes core sector in April, output slumps 38%
Covid squeezes core sector in April, output slumps 38%
https://ift.tt/2XflM7Z Output of eight core sector industries plunged 38.1% in April — probably the steepest ever — led by an over 80% slump in cement and steel production due to the nationwide lockdown. The numbers indicated that overall industrial production is headed for a high double-digit decline as the Covid-19-induced lockdown has taken a toll on economic activity.

https://ift.tt/eA8V8J from Times of India https://ift.tt/2XflM7Z

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