Question

Read the following table carefully and give your comments.

Index of Industrial Production Base 1993- 94

$\begin{array}{cccc}\text{Industry}& \text{Weight (In)\%}& 1996-97& 2003-2004\\ \text{General Index}& 100& 130.8& 189.0\\ \text{Mining and Quarrying}& 10.73& 118.2& 146.9\\ \text{Manufacturing}& 79.58& 113.6& 196.6\\ \text{Electricity}& 10.69& 122.0& 172.6\end{array}$

Answer 1

The following conclusions can be made by analysing the above table. (i) Manufacturing industry has the highest weight of $79.58\%$ in Index of Industrial Production (IIP) while mining and quarrying and electricity account for $70.73\%$ and $10.69\%$ respectively.

(ii) Manufacturing industry has registered the highest growth among all industrial sectors in both the years 1996-97 and 2003-04.

(iii) Mining and quarrying have registered the lowest growth rate in both the years.

(iv) The General Index shows that industrial increased by $30.8\%$ in 1996 - 97 as compared to 1993-94 and by $89\%$ in 2003 - 04.