India plans a significant overhaul of its industrial output index, introducing new sectors like renewable energy and updating the base year for accuracy.
The base year will be revised from 2011-12 to 2022-23
May 25, 2026
07:52 pm
What's the storyIndia's Ministry of Statistics is planning a major overhaul of the Index of Industrial Production (IIP), the key measure of industrial output next week.
The changes, recommended by a technical advisory panel, include widening sector coverage and adopting a chain-linked framework.
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