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Index of Industrial Production (IIP) Explained | Daily News Analysis | DNA Short | NEXT IAS

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Index of Industrial Production (IIP) Explained | Daily News Analysis | DNA Short | NEXT IAS

The Index of Industrial Production (IIP) measures the performance of India’s industrial sector, covering mining, manufacturing, and electricity, along with basic, capital, and intermediate goods. Compiled monthly by the NSO, it acts as a barometer of industrial growth and is used by the Finance Ministry and RBI for policy-making and GDP ...

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