GS PrelimsEconomyIndustries2003

During the year 2000-01, which one of the following industries recorded highest growth rate in India?

Cement

Coal

Electricity

Steel

Correct Answer: Option D

Explanation

1 The question asks which industry recorded the highest growth rate in India during the fiscal year 2000-01. 2 Data from the Index of Industrial Production (IIP) for 2000-01 showed varying growth rates across sectors. 3 While Cement, Coal, and Electricity showed growth, the Steel sector (specifically finished steel) often exhibited strong performance during certain periods in the early 2000s due to infrastructure demand. 4 According to economic surveys or industrial data from that period, the Steel industry likely recorded the highest growth rate among the options provided for the year 2000-01.

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