IIP data compiled by CSO

Q.  Which agency is responsible for compilation of Index of Industrial Production (IIP)?
- Published on 26 Nov 15

a. Finance ministry
b. Ministry of commerce & industries
c. CSO
d. All the above

ANSWER: CSO
 
- The Index of Industrial Production (IIP) is an index for India which details out the growth of various sectors in an economy such as mining, electricity and manufacturing.
- The all India IIP is a composite indicator that measures the short-term changes in the volume of production of a basket of industrial products during a given period with respect to that in a chosen base period.
- It is compiled and published monthly by the Central Statistical Organisation (CSO) six weeks after the reference month ends.

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