Use of core industry & the core economic sector
What is the Purpose of the core sector? What is the core economic sector ? Core industries sector What is use of core industry The core sector represents the capital assets base of the economy. The eight industries have a combined share of more than 40% in the Index of Industrial Production (IIP). The IIP provides growth rates for different economic sectors over a set period of time.The core sectors of the economy are the major or formost industries in the economy. What is core industry The eight basic industries include coal, crude oil, natural gas, refining products, fertilizers, steel, cement and electricity. These are called major industries because of their effects that can affect online economic performance and other industrial activities. Weight of core industry Petroleum refinery 28.04%, Electricity generation 19.85%, Steel 17.92%, Coal 10.33%, Natural gas 8.98%, Crude oil production 6.88%, Cement production 5.37%, Fertilizers 2.63% 8 Core Industry PDF Download now Why