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News Brief | December 2013

Drop in CILs coal output likely to drag down IIP

A fall in Coal India's (CIL) output over the last few months has raised questions about the reliability of the data sets. The uncertainty means the industrial output figures for September 2013, due later this month, could also be suspect. CIL, which accounts for over 85 per cent of domestic coal production, had informed the Bombay Stock Exchange that its output fell by 5 mt in October to 35.03 mt as against the target of 40.832 mt last year.
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