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COVID impact on 8 core sectors; Fertilizer industry grew by 7.5 percent
Posted
June 30, 2020
Views
84
Likes
1
Engagement
1.19%
June 30, 2020
84
1
1.19%
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2:01Now PlayingThe impact of COVID-19 on the Indian economy has been a major concern not just for employees but employers too. It is reported that around 8 core sectors in India have contracted around 23.4 percent in May. There has been only one industry that has shown growth in May. The fertilizer industry grew 7.5 percent in May. The steel sector has contracted 48.4 percent in the month of May. The cement sector has contracted 22.2 percent in May. It is also reported that the economy contracted 37 percent in the month of April. The core sector data reflects the state of the economy with growth and contractions. Watch the video to know more!
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