However, the expansion year-on-year stood at 56% on low base effect
On expected lines, the low base effect of April 2020 when the entire country was in lockdown played a crucial role in the eight core industries’ output recording a 56 per cent jump year-on-year in April 2021.
The right way to assess their performance even according to the government is to look at it sequentially; the eight core industries recorded a 15.1 per cent contraction in April 2021 compared to March 2021. This is a clear pointer to how the second Covid-19 wave had impacted industrial performance. In March 2021, the industries catapulted to a 32-month high of 6.8 per cent.