'The budget is not supposed to be exciting. It has to be pragmatic and we are seeing the results now. I am hopeful that we will be back on the high growth track soon.'

The six core infrastructures industries, comprising crude oil, refined petroleum fuels, coal, electricity, cement and finished steel, with a collective weight of 26.7 percent in the industrial production index, had grown by 5.1 percent in June last year.

Among them, coal output expanded the most this June with a growth of 14.7 percent, followed by 12.8 percent for cement, 7 percent for electricity, 5.3 percent for finished steel and 4.3 percent for crude.

The output of refined petroleum products, however, fell 3.7 percent.