Tuesday, July 2, 2013

May core infra grows at 2.3%


May core infra grows at 2.3% 

The core infrastructure grows to 2.3% (Y-O-Y) in May 2013 as compared to 2.4% (Y-O-Y) growth in April 2013. The decline in the growth rate in May, 2013 was mainly on account of negative growth witnessed in the production of coal, crude oil, natural gas and fertilizer. 


Sector wise trend in monthly production                                              (% growth)
Sector
Weight in IIP
May’13
April’13
Crude Oil
5.22
(-) 2.4
(-) 1.2
Natural Gas
1.71
(-) 18.7
(-) 17.4
Petroleum Refinery Products
5.94
5
5.6
Coal
4.38
(-) 3.3
3.1
Fertilizer
1.25
(-) 2
(-) 2.4
Electricity
10.32
6.2
3.5
Cement
2.41
3
8.2
Steel
6.68
4.1
1.9
Overall
37.90
2.3
2.4
  Source: PHD Research Bureau, compiled from the office of the economic advisor to the Govt. of India

In cumulative terms core infrastructure industries registered a growth of 2.4% during Apr-May 2013-14 as against 6.5% during the corresponding period of previous year.

   Sector wise trend in production                                                                           (% growth)
Sector
Weight
Apr-May 2013-14
Apr-May 2012-2013
Crude Oil
5.22
(-) 1.8
(-) 0.4
Natural Gas
1.71
(-) 18.1
(-) 11
Petroleum Refinery Products
5.94
5.3
22.1
Coal
4.38
(-) 0.1
7.8
Fertilizer
1.25
(-) 2.2
(-) 12.4
Electricity
10.32
4.9
5.6
Cement
2.41
5.6
13.9
Steel
6.68
3
3
Overall
37.90
2.4
6.5
Source: PHD Research Bureau, compiled from the office of the economic advisor to the Govt. of India
Electricity generation grew by 4.9% during Apr –May 2013-14 as against 5.6% growth during Apr –May 2012-13, while steel production grew by 3% during Apr –May 2013-14 & 2012-13. The production in crude oil grew by (-) 1.8 % during Apr –May  2013-14 as compared to its growth at (-) 0.4% during Apr –May  2012-13, whereas petroleum refinery production registered a growth of 5.3% during Apr –May 2013-14 as compared to 22.1% growth during Apr –May 2012-13. Fertilizer production grew by (-) 2.2% during Apr –May 2013-14, compared to its growth at (-) 12.4% during Apr –May 2012-13 and cement production grew by 5.6% during Apr –May 2013-14 compared to its growth at 13.9% during Apr –May 2012-13.
Trend in growth of steel, cement, electricitycoal and overall      (%)
Source: PHD Research Bureau, compiled from the office of the economic advisor to the Govt. of India

Warm regards,

Dr. S P Sharma
Chief Economist

President of India make appointments Guv and Lt Guv

President of India has been pleased to make the following appointments:-

1.                                Dr. K.K. Paul, as Governor of Meghalaya vice Shri RanjitShekhar Mooshahary.

2.                                Lt. General A.K. Singh (Retd.), PVSM, AVSM, SM, VSM, to be the Lt. Governor of Andaman & Nicobar Islands vice Lt. General Bhopinder Singh (Retd.).

3.                                Shri Najeeb Jung, to be the Lt. Governor of National Capital Territory of Delhi vice Shri Tejendra Khanna.

4.                                Shri Virendra Kataria, to be the Lt. Governor of Puducherryvice Shri Iqbal Singh. 

Rashtrapati Bhawan
July 01, 2013

NEWS IN MAKING


 


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Nelson Mandela remains critical 

Former South African President Nelson Mandela remains "criticalbut stable" in hospital, the South African government said on Monday . Mandela has been in a Pretoria hospital for more than three weeks receiving treatment for a recurring lung infection, his fourth hospitalization in six months. While he is in hospital , many South Africans are looking ahead to his 95th birthday on July 18 “to do something good for humanity ….in tribute to our former President,"President JacobZuma said . During his visit to South Africa, President Obama intendedto visit Nelson Mandela, but , as the patient was critical,Obama met the Mandela family on Saturday instead, offering words of comfort.

Protests disrupt Libyan oil output

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UN takes over from African troops in Mali mission

A force of African soldiers that helped France take back northern Mali has officially been transformed into a UN peacekeeping mission. About 6,000 African troops from countries bordering Mali will be folded into the Integrated United Nations Mission for the Stabilization of Mali, or MINUSMA. The mission is expected to grow to more than 12,000 soldiers. The mission’s goals are to stabilize Mali, protect human rights and preserve cultural sites, the head of the peacekeeping force, Bert Koenders, said Monday.

Media agencies

The WikiLeaks Party now a registered Political party in Australia


  • WikiLeaks party has now formally entered the Australian election--polling 26% of the vote according to gov pollster
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    We are now a registered political party in Australia Donate to keep us strong


    The Wikileaks Party

    Updated: 2 July 2013
    In accordance with Part XI of the Commonwealth Electoral Act 1918, the political party whose details appear below was registered on 01 July 2013. The current particulars of the party, as amended, are:-
    Extract from the Register of Political Parties for The Wikileaks Party
    Name of Party:The Wikileaks Party
    Registered Abbreviation:
    Parliamentary Party:No
    Registered Officer of Party:
    Name:Gail Malone
    Address:75 Glenworth Valley Rd
    WENDOREE PARK NSW 2250
    Party wishes to receive election funding payments.
    Party Correspondence Address:9/288 Brunswick St
    FITZROY VIC 3065
    Deputy Registered Officers:
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