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Contemplated changes in IIP: Just a base change or an information leap?

Introduction of chain-linked IIP in addition to the fixed base index, and greater granularity in electricity index are among the key improvements recommended

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thehindubusinessline.comStai leggendo23 h fa

Contemplated changes in IIP: Just a base change or an information leap?

India's MoSPI committee proposed replacing IIP's 2011-12 base with chain-linked indexing and GST-backed business registries. The overhaul corrects systematic downward bias in output data, sharpening the macro indicators used for India investment and supply chain decisions.

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newsbytesapp.com1 g fa

India's industrial output index to be revamped next week

India plans a significant overhaul of its industrial output index, introducing new sectors like renewable energy and updating the base year for accuracy.

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lunedì 25 maggio 2026·newsbytesapp.com
India's industrial output index to be revamped next week
India plans a significant overhaul of its industrial output index, introducing new sectors like renewable energy and updating the base year for accuracy.
martedì 26 maggio 2026·thehindubusinessline.com
Contemplated changes in IIP: Just a base change or an information leap?
Introduction of chain-linked IIP in addition to the fixed base index, and greater granularity in electricity index are among the key improvements recommended