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Rise In India’s Industrial Output – Free PDF Download

 

WHAT IS IIP?

According to the CSO,

  • “It is a composite indicator that measures the short-  term changes in the volume of production of a basket  of industrial products during a given period with  respect to that in a chosen base period.”

COMPONENTS OF IIP

 

USE-BASED CLASSIFICATION OF INDUSTRIES UNDER IIP

CORE INDUSTRIES IN THE IIP- 40.27% WEIGHTAGE

WHO PUBLISHES IIP DATA? 

BASE YEAR?

  • IIP index is currently calculated using 2011-2012  as the base year.
  • Latest changes were made on 12th May 2017.

CURRENT CONTEXT

  • India’s industrial output rebounded in  November after three consecutive  months of contraction.
  • IIP expand by 1.8% in November, 2019.

 

 

 

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