Core sector growth: 5.4% in July 2024 (down from 6% in June 2024)
GK and monthly revision
July core growth down to 5.4% as iron ore, power lose steam
India's core sector growth decelerated to 5.4% in July 2024 from 6% in June, dragged by weaker iron ore, steel, and electricity output alongside contractions in fertiliser and crude oil. Cement and coal production showed resilience. Despite the monthly dip, cumulative April-July growth improved to 4.3% from 1.5% a year earlier. Economists anticipate further moderation in core and industrial output due to adverse base effects, making this a key indicator for economic trend analysis.
Source: Economic Times. This summary and analysis are AI-written from that report and are not individually fact-checked — confirm names, dates and figures with the source before you rely on them.
Revision structure
Monthly events and exam calendar context
Static GK and one-liner notes
Quiz and mock-test revision path
Key points
Exam-ready takeaways
Sectors declining: Iron ore, steel, electricity output weakened; fertiliser and crude oil contracted
Sectors improving: Cement and coal production strengthened
Cumulative April-July 2024 growth: 4.3% (vs 1.5% in April-July 2023)
Economists expect further moderation due to base effects
How to study
Turn news into exam marks
Revise monthly events by exam family instead of reading random updates.
Pair one-liners with mock tests so mistakes become the next revision list.
Note which exams each story matters for, and revise it again in the week before that exam.