1.       The summary of the Index of Eight Core Industries (base: 2011-12) is given at the Annexure.

2.       The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).  The combined Index of Eight Core Industries stood at 125.8 in February, 2019, which was 2.1per centhigheras compared to the index of February, 2018. Its cumulative growth during April to February, 2018-19was 4.3per cent.

Coal

3.       Coal production (weight: 10.33per cent)increased by 7.3 per cent in February, 2019 over February, 2018. Its cumulative index increased by 7.1 per centduring April to February, 2018-19over corresponding period of the previous year.

Crude Oil

4.       Crude Oil production (weight: 8.98per cent) declinedby 6.1 per cent in February, 2019 over February, 2018. Its cumulative index declined by 4.0 per centduring April to February, 2018-19over the corresponding period of previous year.

Natural Gas

5.       The Natural Gas production (weight: 6.88per cent) increased by 3.8per cent in February, 2019 over February, 2018. Its cumulative index increased by 0.8 per centduring April to February, 2018-19 over the corresponding period of previous year.

Refinery Products

6.       Petroleum Refinery production (weight: 28.04per cent) declined by 0.8 per cent in February, 2019 over February, 2018. Its cumulative index increased by 3.0 per centduring April to February, 2018-19over the corresponding period of previous year.

Fertilizers

7.       Fertilizers production (weight: 2.63 per cent) increased by 2.5 per cent in February, 2019 over February, 2018. Its cumulative index declined by 0.02 percent during April to February, 2018-19 over the corresponding period of previous year.

Steel

8.       Steel production (weight: 17.92per cent)increasedby 4.9 per cent in February, 2019 over February, 2018. Its cumulative index increased by 4.7per centduring April to February, 2018-19 over the corresponding period of previous year.

Cement

9.       Cement production (weight: 5.37per cent) increasedby 8.0per cent in February, 2019over February, 2018. Its cumulative index increased by 13.0per centduring April to February, 2018-19over the corresponding period of previous year.

Electricity

10.     Electricity generation (weight: 19.85per cent) increased by0.7per centin February, 2019over February, 2018. Its cumulative indexincreased by5.4per cent duringApril to February, 2018-19over the corresponding period of previous year.

Note 1: Data for December, 2018, January, 2019and February, 2019are provisional.

Note 2: Since April, 2014, Electricity generation data from Renewable sources are also included.

Note 3: The industry-wise weights indicated above are individual industry weight derived from IIP and blown up on pro rata basis to a combined weight of ICI equal to 100.

Note 4: Release of the index for March, 2019 will be on Tuesday,30thApril, 2019.

 

 

Annexure

Performance of Eight Core Industries

Yearly Index & Growth Rate

Base Year: 2011-12=100

 

Index

Sector

Weight

2012-13

2013-14

2014-15

2015-16

2016-17

2017-18

Apr-Feb 2017-18

Apr-Feb 2018-19

Coal

10.3335

103.2

104.2

112.6

118.0

121.8

124.9

119.4

127.9

Crude Oil

8.9833

99.4

99.2

98.4

97.0

94.5

93.7

93.5

89.8

Natural Gas

6.8768

85.6

74.5

70.5

67.2

66.5

68.4

68.3

68.8

Refinery Products

28.0376

107.2

108.6

108.8

114.1

119.7

125.2

124.7

128.5

Fertilizers

2.6276

96.7

98.1

99.4

106.4

106.6

106.6

106.6

106.6

Steel

17.9166

107.9

115.8

121.7

120.2

133.1

140.5

139.4

145.9

Cement

5.3720

107.5

111.5

118.1

123.5

122.0

129.7

127.9

144.6

Electricity

19.8530

104.0

110.3

126.6

133.8

141.6

149.2

148.5

156.5

Overall Index

100.0000

103.8

106.5

111.7

115.1

120.5

125.7

124.5

129.8

 

 

Growth Rates(in per cent)

Sector

Weight

2012-13

2013-14

2014-15

2015-16

2016-17

2017-18

Apr-Feb 2017-18

Apr-Feb 2018-19

Coal

10.3335

3.2

1.0

8.0

4.8

3.2

2.6

1.7

7.1

Crude Oil

8.9833

-0.6

-0.2

-0.9

-1.4

-2.5

-0.9

-0.8

-4.0

Natural Gas

6.8768

-14.4

-12.9

-5.3

-4.7

-1.0

2.9

3.0

0.8

Refinery Products

28.0376

7.2

1.4

0.2

4.9

4.9

4.6

4.9

3.0

Fertilizers

2.6276

-3.3

1.5

1.3

7.0

0.2

0.03

-0.2

-0.02

Steel

17.9166

7.9

7.3

5.1

-1.3

10.7

5.6

5.7

4.7

Cement

5.3720

7.5

3.7

5.9

4.6

-1.2

6.3

5.6

13.0

Electricity

19.8530

4.0

6.1

14.8

5.7

5.8

5.3

5.3

5.4

Overall Index

100.0000

3.8

2.6

4.9

3.0

4.8

4.3

4.3

4.3

 

Performance of Eight Core Industries

Monthly Index & Growth Rate

Base Year: 2011-12=100

Index

Sector

Coal

Crude Oil

Natural Gas

Refinery Products

Fertilizers

Steel

Cement

Electricity

Overall Index

Weight

10.3335

8.9833

6.8768

28.0376

2.6276

17.9166

5.3720

19.8530

100.0000

Feb-18

143.2

86.1

62.1

120.9

102.2

141.7

138.0

136.1

123.2

Mar-18

184.9

95.8

69.8

130.3

107.0

153.2

149.6

156.7

138.5

Apr-18

118.8

91.8

67.1

119.1

93.1

138.1

149.1

153.7

124.3

May-18

125.2

94.8

68.7

131.6

106.6

142.8

145.3

164.7

131.9

Jun-18

120.0

90.9

67.4

133.8

108.3

143.8

150.7

159.9

131.2

Jul-18

108.1

91.2

68.5

134.1

110.0

140.3

136.0

162.1

129.2

Aug-18

103.8

91.6

70.2

127.7

109.4

144.5

134.5

167.2

128.8

Sep-18

109.8

88.1

67.6

125.8

108.0

143.2

133.9

162.9

127.2

Oct-18

132.9

90.9

70.3

133.8

103.3

150.2

148.4

166.0

134.8

Nov-18

138.4

87.6

68.9

128.9

102.7

144.8

136.5

147.2

128.3

Dec-18

144.1

90.2

72.2

126.6

109.4

155.8

151.0

150.3

132.2

Jan-19

152.1

89.7

71.8

131.9

116.6

153.0

156.1

150.7

134.5

Feb-19

153.6

80.8

64.4

120.0

104.8

148.6

149.1

137.1

125.8

 

 

Growth Rates (in per cent)

Sector

Coal

Crude Oil

Natural Gas

Refinery Products

Fertilizers

Steel

Cement

Electricity

Overall Index

Weight

10.3335

8.9833

6.8768

28.0376

2.6276

17.9166

5.3720

19.8530

100.0000

Feb-18

1.3

-2.4

-1.8

7.8

5.2

5.0

23.0

4.6

5.4

Mar-18

9.1

-1.6

1.0

1.1

3.2

4.7

13.5

6.0

4.5

Apr-18

15.2

-0.8

5.7

2.7

4.6

3.0

21.9

2.1

4.7

May-18

12.0

-2.9

-1.4

4.9

8.4

-0.1

13.0

4.1

4.1

Jun-18

11.5

-3.4

-2.7

12.1

1.0

4.2

14.2

8.4

7.8

Jul-18

9.8

-5.4

-5.2

12.3

1.3

6.9

11.2

6.7

7.3

Aug-18

2.4

-3.7

1.0

5.1

-5.3

4.0

14.6

7.6

4.7

Sep-18

6.4

-4.2

-1.7

2.5

2.5

3.2

11.8

8.2

4.3

Oct-18

11.3

-5.0

-0.9

1.3

-11.5

2.4

18.4

10.9

4.8

Nov-18

3.7

-3.5

0.5

2.3

-8.1

5.3

8.8

5.1

3.3

Dec-18

1.1

-4.3

4.2

-4.8

-2.4

12.9

11.6

4.4

2.7

Jan-19

1.7

-4.3

6.2

-2.6

10.5

5.5

11.0

0.8

1.5

Feb-19

7.3

-6.1

3.8

-0.8

2.5

4.9

8.0

0.7

2.1

 

***

MM/SB

Read more: Index of Eight Core Industries (Base:...

India’s Polar Satellite Launch Vehicle (PSLV-C45) today successfully launched EMISAT and 28 international customer satellites from Satish Dhawan Space Centre (SDSC) SHAR in Sriharikota. This flight marked the first mission of PSLV-QL, a new variant of PSLV with four strap-on motors.

PSLV-C45 lifted off at 9:27 Hrs (IST) from the Second Launch Pad and injected India’s EMISAT into a 748 km sun-synchronous polar orbit, 17 minutes and 12 seconds after liftoff. After separation, the two solar arrays of EMISAT were deployed automatically and the ISRO Telemetry Tracking and Command Network at Bengaluru assumed control of the satellite. In the coming days, the satellite will be brought to its final operational configuration.

Following the separation of EMISAT, the vehicle’s fourth stage engines were restarted twice to place the 28 international customer satellites precisely into a sun-synchronous orbit of 504 km height. The last customer satellite was placed into its designated orbit 1 hour and 55 minutes after lift-off.

About 3 hours after lift-off, the fourth stage (PS4) of the vehicle was moved to a lower circular orbit of 485 km after two restarts to establish it as an orbital platform for carrying out experiments with its three payloads.

EMISAT is a satellite built around ISRO’s Mini Satellite-2 bus weighing about 436 kg. The satellite is intended for electromagnetic spectrum measurement.

The 28 international customer satellites, together weighing about 220 kg, are from four countries, namely, Lithuania (2), Spain (1), Switzerland (1) and USA (24). These foreign satellites were launched as part of commercial arrangements.

The payloads carried by PS4 are Automatic Identification System from ISRO, Automatic Packet Repeating System from AMSAT, India and Advanced Retarding Potential Analyzer for ionospheric studies from Indian Institute of Space Science and Technology.

ISRO Chairman Dr K Sivan congratulated the launch vehicle and satellite teams involved in the mission.

 “Today’s PSLV mission was unique in several ways. It was a four strap-on new variant, the vehicle achieved three different orbits and for the first the PS4 stage is powered by solar panels,” Dr Sivan said. He added that a new PSLV team executed today’s mission.

Dr Sivan also placed on record the significant involvement of the industry in this mission.

So far, PSLV has launched 46 national satellites, 10 satellites built by students from Indian Universities and 297 international customer satellites, including the satellites launched today.

In its next mission, PSLV-C46 will launch RISAT-2B in May 2019.

*****

BB/NK/PK

Read more: PSLV-C45 successfully launches EMISAT and 28...

The President of India, Shri Ram Nath Kovind, landed at the Viru Viru International Airport, Santa Cruz, Bolivia in the evening of March 28, 2019, where he was received by Mr Evo Morales Ayma, the President of Plurinational State of Bolivia and other dignitaries. He was accorded ceremonial welcome on the occasion. This is the first ever high-level visit between India-Bolivia since the establishment of diplomatic relations. 

Yesterday (March 29, 2019), the President commenced his engagements with meeting his counterpart, Mr Evo Morales Ayma. During the one-to-one discussions with President Morales, the President said that he was honoured to pay the first ever State Visit from India to Bolivia. He thanked President Morales for special welcome and affection. 

Subsequently, the President led delegation-level talks between the two sides. Speaking on the occasion, he said that it is encouraging to see that India-Bolivia bilateral trade has picked up in the last two years and it stood at US$ 875 million in 2018. 60% of Bolivian gold is exported to India. Bolivia is the 8th leading trading partner of India in Latin America region. He emphasised that there is a need to diversify our trade basket to further strengthen the bilateral trade. 

The President said that we are keen to enhance our exports in the pharma sector. India is recognized globally for its high quality medicines at affordable prices. Indian pharma companies can help Bolivia in its noble vision of health for all. 

Both sides also agreed to work together for exploration and extraction of the vast Lithium deposits of Bolivia. Lithium is a key resource used in making of batteries that India needs for its clean technology initiatives such as increased use of electric cars. 

The President said that India takes pride in its development cooperation partnership with Bolivia under the framework of South-South Cooperation. He announced a US$ 100 million Line of Credit to Bolivia for financing development projects in sectors that Bolivia may choose. He also offered doubling of training slots to 10 under Indian Technical Economic Cooperation programme to Bolivia.  

To mark the 150th Birth Anniversary of Mahatma Gandhi, India offered two busts of Gandhiji to Bolivia. The Bolivian side accepted the offer and is likely to place the busts in its capital La Paz and its largest city Santa Cruz. 

Following the delegation-level talks, the two Presidents witnessed the signing and exchange of eight MOUs that concern fields of culture, visa waiver for diplomats, exchange between diplomatic academies, mining, space, traditional medicine, establishment of Centre of Excellence in IT and the Bi-Oceanic Railway project. India offered to explore the possibility of Indian Railways working with Bolivia on this project that is crucial for Bolivia. Further, Bolivia also joined the International Solar Alliance by signing the framework agreement on International Solar Alliance. 

Subsequently, President Morales conferred the highest State Honour of Bolivia - Condor de los Andes en el Grado de Gran Collar - on President Kovind. The President dedicated the award to the friendship between India and Bolivia. A Press Statement was also issued (attached).  

In his next engagement, the President attended a luncheon banquet hosted by President Morales. Speaking on the occasion, the President said that cultural, linguistic and ethnic diversity defines our people, and unity in diversity is our shared achievement. There is much that India and Bolivia can contribute to each other’s march towards progress and development. 

Later in the evening (March 29, 2019), the President visited the Universidad Autonama Gabriel Rene Moreno where he unveiled a plaque naming the University’s auditorium after Mahatma Gandhi. Addressing the students, he said that Gandhiji remains extremely relevant to 21st century global concerns. In his advocacy of sustainability, ecological sensitivity and living in harmony with nature, he anticipated some of the pressing challenges of our times. The Sustainable Development Goals adopted by the United Nations are Gandhian philosophy in action. 

In the final engagement of the day (March 29, 2019), the President addressed the India-Bolivia Business Forum. Addressing the gathering, the President said that both our countries have their economic strengths, and the two can complement each other for growth and prosperity. India manufactures everything from satellites, light aircraft, cars to major high technology industrial products and has the third largest scientific human resource pool in the world. All these aspects, coupled with our large middle-class market of over 400 million, a vibrant business ecosystem fostered under stable democratic governance systems, position India as a unique destination for international trade and business. 

The President said that India has a focused business approach to the Latin American region. We hold the India-Latin America and Caribbean Conclaves annually to deepen our business collaborations. These Conclaves have served us well. Several Indian global majors have made entry into Bolivia through them, bringing cutting-edge technology, products and services to the people.  He noted that there are immense opportunities for collaboration between India and Bolivia in various fields such as automobiles, healthcare, IT, renewable energy, Lithium, agriculture, space, developing modern infrastructure- from railways, highways, waterways, airways to energy pathways. 

Today (March 30, 2019), the President will leave for Chile - the last leg of his visit to three nations – Croatia, Bolivia and Chile. Prior to his departure, he will address an Indian Community Reception in Santa Cruz, Bolivia.

***** 

AKT/KP

Address by the President at India-Bolivia Business Forum

Remarks by the President at the Banquet

Media Statement by the President 

Address by the President at GRM Autonomous University, Santa Cruz

Read more: President of India in Bolivia; leads Delegation...

As part of the rehabilitation activities being undertaken by the Southern Naval Command after the devastating floods of August 2018, Vice Admiral Anil Kumar Chawla, AVSM, NM, VSM, Flag Officer Commanding-in-Chief (C-in-C), Southern Naval Command, handed over the keys of newly constructed houses to three smiling families of Cheriya kadmakkudi on 28 Mar 19.  The houses that were sponsored by the Indian Navy belong to Shri Binu PP of Puliyal Parambil House, Mrs Mariyamma of Pashni Parambil House, and Shri Joseph Antony of Madathil Parambil House, and have been constructed at a total cost of Rs. 28 lakhs. These new houses were built as per specific suggestions and requirements of each house owner. Each house has bedrooms, drawing room and kitchen with modern amenities such as vitrified tiles in all the rooms and electrical fittings etc. The project was being steered by INS Venduruthy and has been completed in precisely five and a half months. 

In addition, the Navy is installing solar power equipment in all the 55 houses of Cheriya Kadmakkudi, of which 30 have been completed, including the three newly constructed houses. Cheriya Kadamakudi, will therefore be a fully Green Village in the next few weeks. 

The residents of the village were in for a big surprise, when the C-in-C announced construction of a steel Arch Bridge connecting Cheriya Kadamakudi with Pizhala Island and laid the foundation stone for the same. The residents have been requesting for a new bridge since the floods receded, as the existing concrete walkway bridge has been in a dilapidated condition for long, and it was recently declared unsafe even for pedestrian traffic by the PWD. The new bridge will be constructed adjacent to the existing bridge and will be 50 metres long and 3.5 metres wide. Vehicles up to 4 tons will be able to ply on this bridge, thus providing the much-needed connectivity to the villagers.  

The C-in-C was accompanied by Mrs Sapana Chawla, President, Navy Wives Welfare Association (Southern Region), and few other senior officers. Vice Admiral Chawla was taken around the new constructions and had a good interaction with the happy families. Mrs Chawla also distributed sweets to these families. 

The Rehabilitation Package was earlier announced by Admiral Sunil Lanba, PVSM, AVSM, ADC, Chief of the Naval Staff during his visit to Muttinakam in Aug 2018, and has been funded by the Indian Navy, which includes contributions from service personnel of Southern Naval Command.

*****

DKS/SW/AC                                                                                                        Koc/34/Mar19

Read more: Navy brings cheers to the residents of Cheriya...

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