The country’s index of industrial production (IIP) inclined by 0.4% year-on-year to 138.0 in the month of December, according to the data released by the Ministry of Statistics & Programme Implementation (MoSPI) on Friday.
The IIP (Index of Industrial Production) surged by 2.2% on-year to 137.4 in December 2020, the data released. The industrial growth so far in the fiscal year 2021-22 (April-December) has surged 15.2%, compared to a contraction of (-)13.3% in the corresponding period a year ago, the data indicated.
Index of Industrial Production (IIP), one of the core set of economic indicators enables to monitor the industrial growth at all Indian levels during a month compared to the corresponding month last year.
TOPICS:
Economy