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What is the base year of IIP in India?

The base year of IIP in India is 2011-12. The base year was changed from 2004-05 to 2011-12, in 2017. This change was done as a regular exercise by the former Central Statistics Office (CSO) functioning under the Ministry of Statistics and Programme Implementation. You can read about the Index of Industrial Production [UPSC Economy Notes] in the given link.

This was done to improve the representativeness and quality of indices, and capture the structural changes in the economy. 

Further readings:

  1. Merger of NSSO and Central Statistical Office (CSO) to form National Statistical Office (NSO)
  2. Core Sectors of the Indian Economy

Related Links

Consumer Price Index (CPI) – Indian Economy Notes

Wholesale Price Index (WPI) – Indian Economy Notes

Purchasing Managers Index (PMI) – Calculation, Role in Economy

Producer Price Index (PPI): Definition, PPI versus CPI and WPI

Gini Coefficient – Definition, Calculation and India’s Rankings

Department for Promotion of Industry and Internal Trade (DPIIT) earlier known as DIPP

Previous Years Economics Mains Questions for UPSC General Studies Paper – 3

Download Indian Economy Notes For UPSC Examination

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