The Index of Industrial Production (IIP) is an index for India which details out the growth of various sectors in an economy such as mineral 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 National statistical Office (NSO), Ministry of Statistics and Programme Implementation six weeks after the reference month ends.
Primary goods : Only such goods as are directly obtained from natural sources and used for further processing and consumption in manufacturing and power-generating activities. This category has been created to replace the existing category “Basic goods” since the latter suffered from definitional ambiguity and overlapping coverage with other categories such as “Intermediate goods”. E.g.: Ores and Minerals (incl. concentrates); Fuels (Diesel, Aviation Turbine Fuel, Kerosene, LPG, etc.) and Electricity.
Capital goods : Plants, machinery and goods used for further investments. E.g.:Boilers, Air & Gas Compressors, Engines including Internal Combustion and Diesel Engine, Tractors (complete), Transformers, Commercial Vehicles and all machineries like Textile Machinery, Printing Machinery etc.
Infrastructure/ construction goods : Finished goodswhich are primarily used in infrastructure industry or construction industry as an input. This category has been created to precisely categorise items which could not be classified under Consumer durables or Intermediate goods. E.g.: paints, cement, cables, bricks and tiles, rail materials, etc.
Intermediate goods: Any good/ product produced as incomplete product or which goes as input in production for further finishing or forming a part of a product. E.g.: Cotton yarn, Plywood, Steel Tubes/ Pipes, Fasteners, etc. v. Consumer durables:Products directly used by consumers and having a longer durability (more than 2/3 years). E.g.: Pressure Cooker, Air Conditioners, Tyres, Telephone and mobile instruments, TV Sets, Passenger cars, Two-wheelers (motorcycles/ scooters), Jewellery of goldetc.
Consumer non-durables : Products that are directly used by consumers and can’t be preserved for long periods. E.g.: Soyabean Oil, Full-cream/ Toned/ Skimmed milk, Milk Powder, Maida, Rice, Biscuits/ cookies, Sugar, Tea, Cigarettes, etc.
Suranga Bawadi : an integral part of the ancient Karez system of supplying water through subterranean tunnels built during Adil Shahi era in Vijayapura, is now set to get funding for restoration. A New York-based non-governmental organisation has included it in the World Monument Watch list for 2020 along with 24 other monuments from across the world.
UPSC Syllabus : Health
4. The extra mile: on Kartarpur corridor : (GS-2)
UPSC Syllabus : India and its neighborhood- relations.
UPSC Syllabus : Indian Polity and the Constitution
UPSC Syllabus : Governance .
7. The future of work : (GS-3)
UPSC Syllabus : Growth, development and employment
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