INDEX OF INDUSTRIAL PRODUCTION Subject: Economy Context: IIP shrinks 3.6% in February owing to steep decline in manufacturing. Concept : Index of Industrial Production The Index of Industrial Production (IIP) is an index that shows the growth rates in different industry groups of the economy in a fixed period of time. It is […]

    INDEX OF INDUSTRIAL PRODUCTION Subject : Economy Context :India’s IIP contracts to 1.6% in Jan; retail inflation rises to 5.03% in Feb. Concept : The Index of Industrial Production (IIP) is an index that shows the growth rates in different industry groups of the economy in a fixed period of time. It is […]

Subject: Economics Context: India’s eight core industry sectors shrank just 0.8% in September on a year-on-year basis, recording their lowest contraction since March 2020. Concept: Index of Industrial Production The Index of Industrial Production (IIP) is an index that shows the growth rates in different industry groups of the economy in a fixed period of […]