India’s industrial output raised marginally by 0.1% in Jan 2014

India’s industrial output recorded marginally 0.1 % growth in January, 2014 after contracting for three months in a row.

• The marginal improvement in the Index of Industrial Production (IIP) was mainly on account of higher power generation and mining sector output, while manufacturing declined.

Though, the cumulative growth of the industrial production during the 10-month period from April to January of this financial year was flat compared to an over 1 % growth in the same period of 2012-13.

Month: Current Affairs - March, 2014