Industrial production Current Affairs, GK & News
The World Productivity Congress has been conducted by the World Confederation of Productivity Science since 1969. It was last held in India in 1974. The Congress is held under the theme Theme: Industry 4.0-Innovation and Productivity Highlights The 19th World Productivity Congress to be held in Bengaluru aims at catalyzing government approaches in enhancing productivity. ..
Category: Important Days & Events Current Affairs
The Confederation of Indian Industry (CII) is celebrating its 125th birth anniversary in the year 2020. In order to commemorate its anniversary, the organization has been hosting several events in different parts of India under the theme Theme: [email protected]: Business and Beyond History The CII is India’s premier business association that works to sustain an ..
Category: India Nation & States Current Affairs
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 the IIP’s use-based classification of goods registered declines, with only intermediate goods bucking the trend. ..
The Ministry of Statistics and Programme Implementation has released the First Revised Estimates of National Income, Consumption Expenditure, Saving and Capital Formation, 2017-18. The highlights of the revised estimates are: The forecast for GDP growth for 2017-18 was increased to 7.2% from the earlier estimate of 6.7%. The actual growth rate in 2016-17 has been ..
Topics: agricultural production • government expenditure • Industrial production • mining and quarrying sector • Ministry of Statistics and Programme Implementation • NABARD • public administration sector • Revised Estimates
According to data released by the Central Statistics Office (CSO), factory output measured in terms of the Index of Industrial Production (IIP) had grown 7.1% in February 2017. It was mainly driven by robust performance of manufacturing sector coupled with higher offtake of capital goods and consumer durables. The IIP recorded growth of 8.54% in ..
India’s factory output, measured by the Index of Industrial Production (IIP) has registered 5.7% growth in November 2016 as against 1.9% in October 2016. It is the fastest growth recorded in more than four years and is largely on account of a low base effect. It also does not display the negative effects of demonetisation ..