Industrial
growth, measured in terms of the Index of Industrial Production moderated to 5
percent in April-September 2011-12 compared to 8.2 percent registered in the
corresponding period of previous year.
The
sector-wise details of Industrial growth for the last six
months is shown in the table given below:-
|
Sectors
|
Mining
|
Manufacturing
|
Electricity
|
Overall IIP
|
|
Weights
|
14.2
|
75.5
|
10.3
|
100.0
|
|
2011-12
|
|
|
|
|
|
April
|
1.6
|
5.7
|
6.4
|
5.3
|
|
May
|
1.8
|
6.3
|
10.3
|
6.1
|
|
June
|
-1.4
|
11.2
|
7.9
|
9.5
|
|
July
|
1.5
|
3.2
|
13.1
|
3.8
|
|
August
|
-4.1
|
4.0
|
9.5
|
3.6
|
|
September
|
-5.6
|
2.1
|
9.0
|
1.9
|
Various
steps have been taken by the government to boost industrial production which,
inter-alia, include promotion and facilitation of
industrial investment including the foreign direct investment, improvement in
business environment, development of industrial and other infrastructure
through public private initiatives, incentivizing
research and development, and development of industry related skills. Government in November, 2011 also announced a
National Manufacturing Policy, which aims at making industry globally
competitive.
This
information was given by the Minister of State for Commerce and Industry Shri Jyotiraditya M. Scindia in a
written reply to a question, in the Rajya Sabha today.
DS/GK