Index of industrial production
Retail Inflation and IIP in March
In March, the annual retail inflation of India rose to a 17-month high while there was a contraction in the factory output in February, thus complicating the policy choices of the nation’s central bank. Overview: The National Statistical Office (NSO) ..
Month: Current Affairs - April, 2022
Category: Economy & Banking Current Affairs
NSO Data on Retail Inflation and IIP
National Statistical Office (NSO) released its data on “retail inflation and Index of Industrial Production (IIP)” on October 12, 2021. Key facts As per IMF, India’s retail inflation relaxed in September 2021, reducing to a five-month low. This was because ..
Month: Current Affairs - October, 2021
Agra Metro Project
Agra Metro Project consists of two corridors with a total length of 29.4 km. It connects famous tourist attractions like Taj Mahal, Agra Fort, Sikandra etc., with railway stations and bus stands. Its construction work is to be inaugurated by ..
Month: Current Affairs - December, 2020
Core sector Growth of India hit due to Lock Down
The core sectors of India include crude oil, steel, natural gas, refinery product, cement, fertilizer, electricity and coal. According to the figures released by the Ministry of Commerce recently, the production of core industries of India shrank in March, 2020 ..
Month: Current Affairs - May, 2020
Industrial production output shrink by 4.3% in September
The latest index of industrial production (IIP) estimates from the NSO show that output shrank by 4.3% in September. All three component sectors in the index – manufacturing, mining and electricity shows contractions. Also, five of the six categories on ..
Industrial production growth slows to 1.7% in January 2019
The Central Statistics Office (CSO) has released the data for the Index of Industrial Production (IIP) for the month of January. The IIP data shows that: Industrial output growth stood at 1.7 per cent in January against the 2.6% growth recorded ..
Month: Current Affairs - March, 2019
Growth Rate in the Core Sector witnesses Decline
The growth rate eight core sectors which include coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity witnessed a decline as per the data from the Ministry of Commerce and Industries. Reduced growth rate of Core Sector ..
Month: Current Affairs - March, 2019
Index of Industrial Production of November: Key Facts
The Index of Industrial Production for the month of November has been released by the Central Statistical Office, under the Ministry of Statistics and Programme Implementation. The Index of Industrial Production (IIP) provides details about the growth of various sectors ..