Index of mineral production of mining and quarrying sector 5% higher in February 2016 – Feedback

Mineral Production during February 2016 (Provisional) The index of mineral production of mining and quarrying sector for the month of February 2016 at 136.1, was 5% higher as compared to February 2015. The cumulative growth for the period April- February 2015-16 over the corresponding period of previous year stands at (+) 2.4%.

The total value of mineral production (excluding atomic & minor minerals) in the country during February 2016 was Rs. 19995 crore. The contribution of Coal was the highest at Rs. 8662 crore (43%). Next in the order of importance were: Petroleum (crude) Rs. 5266 crore, Natural gas (utilized) Rs. 2063 crore, Iron ore Rs. 1945 crore, Lignite Rs.705 crore and Limestone Rs. 512 crore. These six minerals together contributed about 96% of the total value of mineral production in February 2016.

http://www.business-standard.com/article/news-cm/the-index-of-mineral-production-of-mining-and-quarrying-sector-was-5-higher-in-february-2016-over-february-2015-116042600267_1.html

About news

We take care of publishing the latest investment news and highlights for Feedback

Leave a Reply

Your email address will not be published. Required fields are marked *