Index Of Industrial Production


Industry -An Economic Activity - Concepts
Class - Bank Of Baroda AO Prelims Subjects
 
 
Concept Explanation
 

Index of Industrial Production (IIP)

IIP is an index for measuring the level of industrial activity in the country.

  • The all India IIP is a composite indicator that measures the short term changes in the volume of production of a basket of industrial products during a given period with respect to that in a chosen base period. It is complied and published monthly by the Central Statistics Office (CSO), with the time lag of six weeks from the reference month.
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