📌Index of Industrial Production (IIP) 👇
🔹1st:- An Indicator that measures the changes in the volume of production of industrial products during a given period.
🔹2nd:- Published By : The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation.
🔹3rd:- Current Base Year - 2011-12 .
🔹4th:- Broad Sectors - Minning, Manufacturing & Electricity .
🔹5th:- 8 Core Industries (Weightage) - Refinery Products> Electricity> Steel> Coal> Crude Oil> Natural Gas> Cement> Fertilizers.
🔹6th:- Used by Government Agency including The Ministry of Finance & Reserve Bank Of India etc. for policy making purposes.
✔️Main Points 👇
🔹1st:- An Indicator that measures the changes in the volume of production of industrial products during a given period.
🔹2nd:- Published By : The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation.
🔹3rd:- Current Base Year - 2011-12 .
🔹4th:- Broad Sectors - Minning, Manufacturing & Electricity .
🔹5th:- 8 Core Industries (Weightage) - Refinery Products> Electricity> Steel> Coal> Crude Oil> Natural Gas> Cement> Fertilizers.
🔹6th:- Used by Government Agency including The Ministry of Finance & Reserve Bank Of India etc. for policy making purposes.