Index of Industrial Production (IIP)

The IIP is an index which gives the growth of different sectors in India like mining, manufacturing and electricity. Its full form is Index of Industrial Production. It is a compound indicator measuring the short-term variations in the production volume of a group of industrial products in a given time period relative to that in a selected base period.
The IIP is collated and brought out by the Central Statistical Organisation 6 weeks post the reference month ending. The current base year for the IIP is 2011-12.

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