The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing Index of Eight Core Industries for the Month of October, 2020.
2. The combined Index of Eight Core Industries stood at 124.2 in October,2020, which declined by 2.5 (provisional) per cent as compared to the Index of October, 2019.Its cumulative growth during April to October, 2020-21 has been(-) 13.0%.
3. Final growth rate of Index of Eight Core Industries for July’2020 is revised to(-) 7.6%.The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).Details of yearly/monthly index and growth rate is provided atAnnexure.
4.Monthly growth rates of Index of Eight Core Industries (Overall) is depicted in the graph:
5. The summary of the Index of Eight Core Industries is given below:
Coal- Coal production (weight: 10.33per cent) increasedby 11.6 per cent in October, 2020 over October,2019. Its cumulative index declined by 3.6per cent during April toOctober, 2020-21over corresponding period of the previous year.
Crude Oil-Crude Oil production (weight: 8.98per cent) declined by 6.2 per cent inOctober, 2020 over October,2019. Its cumulative index declined by 6.1 per cent during April toOctober, 2020-21over the corresponding period of previous year.
Natural Gas- The Natural Gas production (weight:6.88per cent) declinedby8.6 per cent in October, 2020 over October,2019. Its cumulative index declined by 12.5 per cent during April to October, 2020-21 over the corresponding period of previous year.
Refinery Products- Petroleum Refinery production (weight: 28.04per cent) declined by17.0 per cent in October, 2020 over October,2019. Its cumulative index declinedby 16.4per cent during April to October, 2020-21over the corresponding period of previous year.
Fertilizers-Fertilizers production (weight: 2.63 per cent) increased by 6.3 per cent in October,2020 overOctober,2019. Its cumulative index increasedby 4.1 per cent during April toOctober, 2020-21 over the corresponding period of previous year.
Steel-Steel production (weight: 17.92per cent) declinedby 2.7 per cent inOctober, 2020 over October,2019. Its cumulative index declined by 22.8per centduring April to October, 2020-21 over the corresponding period of previous year.
Cement-Cement production (weight:5.37per cent) increasedby2.8per cent inOctober, 2020overOctober,2019. Its cumulative index declinedby21.3per centduring April to October, 2020-21over the corresponding period of previous year.
Electricity- Electricity generation (weight:19.85per cent) increasedby10.5per centin October,2020over October,2019. Its cumulative indexdeclined by 5.6per cent duringApril to October, 2020-21over the corresponding period of previous year.
25 VDVKS , 25 Procurement Centres-Cum-Godowns, 2 Tertiary Processing Units and Two Flagship Retail Outlets Proposed to be set up across The State
Posted On: 27 NOV 2020 5:04PM by PIB Delhi
TRIFEDunder Ministry of Tribal Affairs held a virtual meeting on 26th November with Goa Administration to finalize the Goa Tribal Development Plan. The virtual meeting was chaired by Shri Parimal Rai, Chief Secretary of Goa, and was attended by Mr. Reddy, Principal Secretary, Tribal, Mr. Subhash Chandra, PCCF, Shri Pravir Krishna, Managing Director, TRIFED and senior officials of TRIFED. The main agenda of the meeting was to finalise the Tribal Development Plan for the state of Goa for the establishment of 25 Van DhanVikasKendras, 1 Tribal food park, 2 showrooms in North and South Goa.
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This was a follow-up to the deliberations between Shri Pramod Sawant, the Chief Minister, Goa and Shri Pravir Krishna, in which the Chief Minister had given his go ahead for the Goa Tribal Plan. Subsequently, the Chief Secretary of the State of Goa had also held further discussions on modalities regarding the tribal development plan of Rs 50 crores.
The proposed activities included in the development plan includes the setting up of 25 VDVKs in Goa; setting up of 25 procurement centres-cum-godowns; of 2 tertiary processing units (mega food parks/ tribal enterprises) and two flagship retail outlets across the state.
The target is to identify 20 minor forest produces per VDVK. With this planned enterprise initiative, TRIFED will offer an end-to-end comprehensive development package for tribals promotingemploymentand incomes and entrepreneurship. TRIFED continues to work for the complete transformation of the tribal ecosystem across the country through the large-scale tribal entrepreneurship model.