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New IIP series to track rare earth, PNG, water supply
NEW DELHI: The new index of industrial production (IIP) series, having 2022-23 as base year, is set to track for first time the output of rare earths and minor minerals, piped natural gas (PNG), water supply, sewerage and waste management -- the Technical Advisory Committee (TAC) constituted to undertake base year revision under IIM Kozhikode professor Mridul K Saggar noted in its recommendations. The new index will make its debut on June 1.
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thehindubusinessline.com
New IIP series to include rare earths, gas and water supply from June 1
India’s revamped IIP series with a 2022-23 base year will include rare earths, gas supply, water supply and waste management sectors from June 1.
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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.
