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India's March industrial output zooms on low base effect ​ By IANS | ​ 4 Views   Rs 3L cr PLI scheme for 10 sectors to boost domestic manufacturing. Image Source: IANS News New Delhi, May 12 : Low base effect from last year's nationwide lockdown powered the growth of India's industrial output in March. The Index of Industrial Production (IIP) for March accelerated by 22.4 per cent over the same month a year ago and a contraction of 3.4 per cent reported for February. On a fiscal basis, the IIP contracted by (-) 8.6 per cent in FY21 from (-)0.8 per cent during the April-March period of ...

New Delhi: April 13: A month ahead of the BJP-led NDA government completing seven years, the Congress has attacked the government over economic issues, which it says are looming in the country. Former Finance Minister, P. Chidambaram crticising the government said in a statement, “What a way to end the 7th year of the Modi-led NDA government: surging inflation, falling industrial output, declining rupee and plunging stock market”. “Add crushing taxes, growing unemployment and more people pushed into poverty and debt. This is the result of five years of colossal mismanagement starting w...

Sharp fall in manufacturing and mining activities led to a slump in India’s industrial output in February. Data released by the Ministry of Statistics and Programme Implementation on Monday showed...

India's industrial output as measured by the Index of Industrial Production (IIP), fell 1.6% year-on-year in January. For the month of January 2021, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 135.2. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of January 2021 stand at 119.7, 135.1 and 164.2 respectively. As per Use-based classification, the indices stand at 133.7 for Primary Goods, 92.6 for Capital Goods, 147.6 for Intermediate Goods and 147.1 for Infrastructure/ Construction Goods for the...