TaxTMI 
TaxTMI 
Slowdown in Core Sector Growth
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....lowdown in Core Sector Growth <br>News and Press Release<br>Dated:- 23-12-2015<br><BR>The slowdown in core sector growth was due to slowdown in the growth of Coal, Steel, Cement and Electricity indust....
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....ries. In general, the negative growth in October, 2015 of Crude Oil and Natural Gas was inter-alia, due to ageing fields, water / sand ingress, environmental problems, etc. and that of Refinery Produ....
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....cts was due to shut down of certain units. Further, the decline in production of Steel was mainly on account of on-going work related to modernization / upgradation / commissioning of new (brownfield)....
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.... capacities, downfall in domestic steel consumption and rise in imported material. The Government is taking steps to raise growth in these industries which inter-alia, include measures relating to po....
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....licy, procedures, improving infrastructure and ensuring availability of required inputs. This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industr....
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....y Smt. Nirmala Sitharaman in a written reply in Rajya Sabha today.<BR> News - Press release - PIB....