Thursday, 20 January, 2022
TopicIIP

Topic: IIP

Core sectors’ output grows for 3rd consecutive month, increases to 11.6% in August

Last year in August, the industries had contracted by 6.9%. The eight core industries comprise 40.27% of the weight of items included in the Index of Industrial Production.

IIP grows by 1% in December on manufacturing, enters positive territory after a month

Industrial production had plunged 18.7 per cent in March last year following the Covid-19 outbreak and remained in the negative zone till August 2020.

India must check its GDP optimism. IIP data shows why

Government consumption has already reached its limits and will not be able to prop the economy up any longer.

IIP turned positive in Sept, but inflation ‘unrelenting’ at 77-month high of 7.6% in Oct

Inflation, highest since May 2014, rose both on account of food inflation and core inflation. Economists expect a prolonged pause in rate cuts by the RBI.

Industrial production shrinks by 10.4% in July on low manufacturing output

The Ministry of Statistics and Programme Implementation attributed the decline to a large number of industrial units not operating from the end of March due to the lockdown.

Industrial production contracts by 35% in May, but manufacturing shows signs of revival

Index of Industrial Production figures for May are an improvement over the 58% contraction in April, the first full month of the nationwide Covid-19 lockdown.

IIP contracts by record 55% in April due to lockdown, but Modi govt says data not comparable

The data showed manufacturing contracted by 64 per cent in April, followed by mining at 27 per cent and electricity by 26 per cent.

Industrial output up by 2% in January as manufacturing remains weak

According to data from the NSO, the manufacturing sector output grew by 1.5 per cent as compared with a rise of 1.3 per cent in the corresponding month a year ago.

Industrial output grows 1.8% in November after 3 months of decline

The Index of Industrial Production (IIP) grew by 0.2 per cent in November 2018 on account of growth in the manufacturing sector.

GDP growth could drop below 5% in Q2 as factory output sees biggest contraction since 2011

Index of Industrial Production contracted by 4.3% in September, with most sectors witnessing a decline. Economists don’t predict a rosy future either.

On Camera

YourTurn

How England’s dying industrial towns became the West’s largest jihad factory

Malik Faisal Akram had no known affiliation with jihadist groups. Ideas that led him to take hostages in a Texas synagogue seeped into his mind almost by osmosis.

NTPC looks to coal imports to avoid new power crunch

India’s largest electricity producer is aiming to secure cargoes starting from April, when power consumption in India typically surges on summer cooling demand.

Defence

File photo of IAF drone seen flying in Leh on 18 Nov 2020 | ANI

Indian firm gets foothold in prized global ‘kamikaze’ and armed drones market

Global demand for loitering munition & armed drones saw a jump after Azerbaijan was able to defeat superior Armenian armed forces in 2020 with the help of these systems.
Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.
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