UPSC Prelims 2003·GS1·economy·economic sectors and development

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

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Last updated 23 May 2026, 3:31 pm IST
  1. ACement
  2. BCoal
  3. CElectricity
  4. DSteelCorrect

Explanation

The correct answer is steel because during the financial year 2000-01, the steel industry recorded a growth rate of approximately 9.2 percent. This was significantly higher than the growth rates of other core infrastructure industries during the same period. In comparison, electricity grew by about 3.9 percent, coal by 3.5 percent, and the cement industry experienced a much lower growth rate of around 2 percent due to a slowdown in construction activities that year. Therefore, steel emerged as the highest performer among the core sectors listed.
economy: During the year 2000-01, which one of the following industries recorded highest growth rate in India?

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