Mineral production registers record 7.5% growth for FY24
For March 2024, the index was 156.1, which is 1.2 per cent higher as compared to the level in the same month last year.
India’s mineral production recorded 4.2 per cent cumulative growth during the April- August 2022-23 period over the corresponding period of last year.
However, as per the provisional statics of the Indian Bureau of Mines (IBM), the index of mineral production of the mining and quarrying sector for August 2022 at 99.6, was 3.9 per cent lower as compared to the level in the month of August 2021.
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The production level of important minerals in August 2022 was coal at 580 lakh tonnes, lignite at 29 lakh tonnes, natural gas (utilized) at 2,829 million cubic meters, petroleum (crude) at 24 lakh tonnes, bauxite at 1,450 thousand tonnes and chromite at 1,46,000 thousand tonnes, among others.
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