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    <title>GROWTH RATE OF CORE SECTOR</title>
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    <description>Growth in the Core Sector rose by 3.4% in November 2021 year on year, with April-December 2021 expansion at 12.6%. The Core Sector accounts for 40.27% of the IIP weight, affecting industrial output. Government measures to bolster industry include PM Gati Shakti, National Infrastructure and Monetization Pipelines, India Industrial Land Bank, Industrial Park Rating System, National Single Window System, PLI schemes, GST, corporate tax reduction, labour code reforms, ease of doing business efforts, FDI reforms, procurement support, and the Phased Manufacturing Programme. Budget 2022-23 increases capital expenditure allocation, while the Economic Survey projects strong GDP and manufacturing growth for 2021-22.</description>
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    <pubDate>Wed, 09 Feb 2022 18:45:14 +0530</pubDate>
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