Published By: Mohammad Haris
Last Updated: February 22, 2024, 17:48 IST
Production of lignite, limestone, coal, bauxite and pure fuel confirmed optimistic development in December. (Representative picture of a mining web site)
The index of mineral manufacturing of mining and quarrying sector for December 2023 at 139.4 is 5.1 per cent greater as in comparison with the extent witnessed in the corresponding month of 2022
India’s mineral output elevated by 5.1 per cent in December as in comparison with the yr-in the past interval, the federal government stated on Thursday.
The index of mineral manufacturing of mining and quarrying sector for the month of December, 2023 at 139.4 is 5.1 per cent greater as in comparison with the extent witnessed in the corresponding month of 2022, the mines ministry stated in a press release.
The cumulative development price in the mining and quarrying sector for the April-December interval of the present fiscal over the corresponding interval of earlier monetary yr is 8.5 per cent, as per the provisional statistics of Indian Bureau of Mines (IBM).
In December, the manufacturing of coal stood at 929 lakh tonnes whereas that of lignite at 40 lakh tonnes, iron ore at 255 lakh tonnes and limestone at 372 lakh tonnes.
Production of lignite, limestone, coal, bauxite and pure fuel confirmed optimistic development.
However, a unfavourable development was registered in the manufacturing of petroleum (crude), gold, chromite, phosphorite and diamond.
The ministry additional stated that nation produced iron ore value Rs 9,360 crore in December, 2023, greater from Rs 6,943 crore in the yr-in the past month. In case of limestone, the output was value Rs 984 crore in December final yr in comparison with Rs 887 crore in December 2022.
Silver manufacturing was value Rs 452 crore in December 2023, up from Rs 305 crore a yr in the past, the ministry stated.