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Home / News / India /Core sector growth in February slows to 6%, fiscal deficit at 83%..
Indias core eight infrastructure sectors expanded by 6% from a year ago in February, the slowest pace in the past three months, according to government data released on Friday..
This marks a deceleration from Januarys 8.9% growth and a slight improvement from February 2022s 5.9% expansion..
So far in FY23 (April-February), the eight infrastructure sectorscoal, crude oil, natural gas, refinery products, fertilizers, steel, cement and electricitywitnessed 7.8% growth against 11.1% in the year-ago period..
According to data from the Controller General of Accounts, fiscal deficit, or the difference between expenditure and revenue collection in April-February, was at 14.53 trillion..
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