This growth is substantially lower than that of the corresponding period of the previous year which stood at 10.5 per cent. The CSO has re-issued the IIP figures for November for the second time. The organisation had last week issued the IIP for the same period sans the data for the manufacturing sector as the ministry of industry had not supplied data consonant with norms desired by the department of statistics.

Seen at a cumulative level for the period April to November, the overall industrial growth has registered a 3.5 per cent growth as against 6.7 per cent the same period in the previous fiscal.

The manufacturing sector has recorded 3.7 per cent on a cumulative basis as compared to 6.9 per cent in the previous fiscal. The electricity sectorhas grown by 6.1 per cent as compared to 6.4 per cent, while the mining sector has recorded a decline of minus 1.2 per cent.

At the cumulative level, basic goods have done rather poorly showing a growth of a mere 1.4 per cent as compared to that in the previous fiscal when it registered 6.8 per cent growth while intermediate goods have registered a growth of 5.3 per cent as compared to 8.9 per cent in the previous period.

A saving grace has perhaps been the capital goods sector which has registered a growth at 10.2 per cent. This is substantially higher than the growth rate of 7.2 per cent achieved in the corresponding period in the previous fiscal till November.

The consumer goods, sector has recorded cumulative growth of 2.1 per cent as compared to 4.4 per cent the previous the fiscal. In this sector, consumer durables have recorded a low 2.1 per cent growth as compared to 7.0 per cent while consumer non-durables have shown growth of 2.0 per cent as compared to 3.6 per cent the previous fiscalperiod.

For November, the manufacturing sector has registered a growth of 3.7 per cent against 11.8 per cent recorded in the same month of the previous period. The electricity sector has shown a growth 5.2 per cent against 3.0 per cent and mining which has shown a substantial decline of minus 3.4 per cent as compared to 6.9 per cent in the same month of the previous fiscal.