New Delhi: India’s industrial growth, based on the Index of Industrial Production (IIP), accelerated 4 per cent in August this year driven by a strong performance in the mining sector, according to data released by the Ministry of Statistics on Monday.

The industrial growth rate has accelerated for the second month in a row from a four-month high of 3.5 per cent in July which in turn had surged from 1.5 per cent in June.

The mining sector bounced back with a strong growth of 6 per cent during August compared to the same month of the previous year, reversing the contraction in output during July due to the heavy monsoon rains which had hit production.

The data showed that the manufacturing sector, which provides quality jobs for the young graduates passing out of the country’s universiti

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