Core Sector

The Core Sector refers to the eight fundamental industries in the Indian economy that have a significant multiplier effect on industrial production and overall economic growth.

Why it matters

Serves as a lead indicator of industrial performance and macroeconomic health.
Provides essential raw materials and infrastructure support for downstream manufacturing and service sectors.
Acts as a key component in the calculation of the Index of Industrial Production (IIP).

How it is asked

Focus on the composition of the eight industries (Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement, and Electricity) and their relative weightage within the Index of Industrial Production.

In the syllabus

Indian Economy GS3
Infrastructure: energy, ports, roads, airports, railways GS3
Liberalization GS3

In the news

Core Industrial Sector Growth Slowdown 24 August

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