India’s industrial generation contracted for the third-straight month in May perhaps, shrinking 34.7 for each cent immediately after a historic tumble of 57.6 for each cent in April as the Covid-19-induced lockdown just about froze all financial activitiy. Nevertheless, the Index of Industrial Generation (IIP) had begun shrinking even before, slipping by eighteen.3 for each cent in March, which saw only 7 days of shutdown.
With an unparalleled lockdown in pressure for most of April and May perhaps, the government on Friday again introduced only the index quantities for industrial generation, and the quantities cited higher than are derived from
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