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Thursday, September 3, 2020

Rural demand driving up power consumption

Rural demand is driving up India’s electricity consumption, backed by a 3.4% farm sector growth amid 23.9% contraction in GDP in the first quarter of the current fiscal. Primarily agrarian states in the northern and eastern regions are posting healthy growth in power consumption, while heavily industrialised states in the western and southern regions continue to falter due to sluggish recovery in industrial activity.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3jEAgq0

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