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Only one sector, petroleum refinery products, managed to post a slightly higher growth rate

New Delhi , Dec. 27

NEGATIVE growth in crude oil and steel sector followed by a decline in the growth rate in coal, electricity and cement sectors pulled down infrastructure growth to 3 per cent during November as against 5.7 per cent registered in November last year.

The overall growth rate for the April-November 2005 period stood at 4.4 per cent compared with 6.7 per cent during the corresponding period last year, according to an official release.

Only one sector, petroleum refinery products, managed to post a slightly higher growth rate during November. Refining output grew 1.3 per cent during the month as against one per cent in November 2004.

Crude oil production fell sharply to register a negative 8.6 per cent growth in November as against 0.9 per cent, while steel output went down to almost half at 5.3 per cent growth compared with 10.2 per cent in the same month last fiscal.

Cement production recorded a growth of 7.8 per cent compared with 11.4 per cent, electricity output rose 2.7 per cent as against 3.4 per cent, and coal production posted 7.1 per cent growth compared with 7.3 per cent in November 2004.

Except cement, all the five sectors posted lower growth rates during the April-November period.

Crude oil production witnessed a negative 5.7 per cent growth during the period as against 3.3 per cent a year ago, refining a negative 0.7 per cent from 6.3 per cent and coal 5.6 per cent compared with 7.3 per cent a year ago.

Electricity production grew by a lower 4.9 per cent so far this fiscal as against 6.7 per cent in the same period last fiscal, while steel output grew by 7.2 per cent from 8 per cent a year ago.

Cement production rose by 10.6 per cent during the period against 6.7 per cent in the same month last year.

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