Index of Industrial Production (IIP) Current Affairs, GK & News

Index of Industrial Production (IIP)

The Index of Industrial Production (IIP) is an abstract number or ratio which measures the growth of various sectors in the economy. In India, IIP is a representative figure which measures the general level of Industrial activity in the country. Being an abstract number, it does not show volume of activity and only shows the ..

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Retail Inflation and Index of Industrial Production (IIP)- Update

The National Statistical Office (NSO) released data on India’s retail inflation and Index of Industrial Production (IIP) on July 12, 2022. NSO data on inflation According to NSO data, in June 2022, the retail inflation was more than the upper tolerance limit of RBI for the sixth consecutive month. This has increased the chances of ..

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Second advance estimates of national income

National Statistical Office (NSO) under ‘Ministry of Statistics and Programme Implementation’ released the Second Advance Estimates (SAE) of National Income, 2021-22 and Quarterly Estimates of GDP for October-December quarter (Q3), 2021-22. Key facts In the year 2021-22, the Real GDP or Gross Domestic Product (GDP) at Constant (2011-12) Prices is estimated to reach Rs 147.72 ..

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