Question
India's core sector growth contracted by 1.8%
year-on-year in August 2024, marking the first contraction in how many months, and what are some of the main sectors that contributed to this decline?Solution
India’s eight key infrastructure sectors contracted by 1.8% in August 2024, which was the first contraction in 42 months. Sectors like coal, crude oil, natural gas, and electricity were significantly affected by excess rainfall.
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