IIP
GoI releases First Advance Estimates: GDP Growth Rate predicted as 5%
On January 7, 2020, the CSO (Central Statistics Office) operating under Ministry of Statistics and Programme implementation released the first advance estimates of GDP number for the fiscal year 2020. The numbers are in line with the predictions of Reserve ..
Month: Current Affairs - January, 2020
Growth of eight core sectors slows to 2.1% in July 2019
According to official data released by Government, Growth of eight core industries (Index of Eight Core Industries) dropped to 2.1% in July 2019. It was mainly due to contraction in coal, crude oil, natural gas and refinery products. These eight ..
Month: Current Affairs - September, 2019
Update – Performance of Eight Core Industries (May, 2019)
In a report released by the Ministry of Commerce & Industry, the Eight Core Industries Index (ICI) of the Indian Economy has registered a significant improvement of 5.1% in May 2019. However, this is lesser than April 2019 in which ..
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 ..