India’s mineral output records a cumulative growth of 4.2 pc. in the period April-Aug

New Delhi: The country’s mineral production registered a cumulative growth of 4.2 percent in the first five months of this fiscal year compared to the same period a year ago.

However, the mineral production index of the mining and quarrying sector in August was 99.6, which was 3.9 percent lower compared to the level in August last year, according to preliminary data from the Indian Bureau of Mines (IBM) . (Also Read: Elon Musk’s Burnt Hair Perfume Sold Out; Netizens react THIS way)

The output of major minerals in August includes coal 580 lakh tons, lignite 29 lakh tons, natural gas (used) 2,829 million cubic meters, petroleum (crude) 24 lakh tons and bauxite 14.5 lakh tons. (Also read: Blinkit sets a new trend! The upcoming store in New Delhi is run by 20 specially skilled individuals)

Coal, lead conc, zinc conc and limestone are important minerals that showed positive growth in August.

The major minerals that have shown negative growth are natural gas (U), manganese ore, petroleum (crude), and magnesite.

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