Just a moment...

Top
Help
AI OCR

Convert scanned orders, printed notices, PDFs and images into clean, searchable, editable text within seconds. Starting at 2 Credits/page

Try Now
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
    No Records Found
    ❯❯
    MaximizeMaximizeMaximize
    0 / 200
    Expand Note
    Add to Folder

    No Folders have been created

      +

      Are you sure you want to delete "My most important" ?

      NOTE:

      News
      Showing Results for :
      Reset Filters
      Results Found:
      AI TextQuick Glance by AIHeadnote
      Show All SummariesHide All Summaries
      No Records Found

      News

      Back

      All News

      Showing Results for :
      Reset Filters
      Showing
      Records
      ExpandCollapse
        No Records Found

        News

        Back

        All News

        Showing Results for : Reset Filters
        Case ID :
        News and Press Release

        Quick estimates of index of Industrial Production and Use-Based Index for the month of April, 2018 (Base 2011-12=100)

        June 13, 2018

        📋
        Contents
        Note

        Note

        -

        Bookmark

        print

        Print

        Login to TaxTMI
        Verification Pending

        The Email Id has not been verified. Click on the link we have sent on

        Didn't receive the mail? Resend Mail

        Don't have an account? Register Here

        The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of April 2018 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation. IIP is compiled using data received from 14 source agencies viz. (i) Department of Industrial Policy & Promotion (DIPP); (ii) Indian Bureau of Mines; (iii) Central Electricity Authority; (iv) Joint Plant Committee, Ministry of Steel; (v) Ministry of Petroleum & Natural Gas; (vi) Office of Textile Commissioner; (vii) Department of Chemicals & Petrochemicals; (viii) Directorate of Sugar & Vegetable Oils; (ix) Department of Fertilizers; (x) Tea Board; (xi) Office of Jute Commissioner; (xii) Office of Coal Controller; (xiii) Railway Board; and (xiv) Coffee Board.

        2. The General Index for the month of April 2018 stands at 123.0, which is 4.9 percent higher as compared to the level in the month of April 2017. The cumulative growth for the period April-March 2017-18 over the corresponding period of the previous year stands at 4.3 percent.

        3. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of April 2018 stand at 103.8, 123.4 and 153.7 respectively, with the corresponding growth rates of 5.1 percent, 5.2 percent and 2.1 percent as compared to April 2017 (Statement I). The cumulative growth in these three sectors during April-March 2017-18 over the corresponding period of 2016-17 has been 2.3 percent, 4.5 percent and 5.4 percent respectively.

        4. In terms of industries, sixteen out of the twenty three industry groups (as per 2-digit NIC-2008) in the manufacturing sector have shown positive growth during the month of April 2018 as compared to the corresponding month of the previous year (Statement II). The industry group ‘Manufacture of computer, electronic and optical products’ has shown the highest positive growth of 27.5 percent followed by 21.9 percent in ‘Manufacture of motor vehicles, trailers and semi-trailers’ and 15.7 percent in ‘Manufacture of food products’. On the other hand, the industry group ‘Other manufacturing’ has shown the highest negative growth of (-) 30.7 percent followed by (-) 13.4 percent in ‘Manufacture of wearing apparel’ and (-) 10.3 percent in ‘Printing and reproduction of recorded media’.

        5. As per Use-based classification, the growth rates in April 2018 over April 2017 are 3.1 percent in Primary goods, 13.0 percent in Capital goods, 1.6 percent in Intermediate goods and 7.5 percent in Infrastructure/ Construction Goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of 4.3 percent and 7.0 percent respectively.

        6. Some important item groups showing high positive growth during the current month over the same month in previous year include ‘Sugar’ (156.5%), ‘Construction machine/ equipment (incl. bull-dozers and road rollers)’ (110.4%), ‘Stainless steel utensils’ (101.7%), ‘Commercial Vehicles’ (94.3%), ‘Printed Circuit Boards (whether or not mounted with IC chips /components)’ (69.3%), ‘Steroids and hormonal preparations (including anti-fungal preparations)’ (45.8%), ‘Transformers (Small)’ (45.1%) and ‘Polymers (incl. Polyethylene, PVC, Poly propylene)’ (26.2%).

        7. Some important item groups that have registered high negative growth include ‘Jewellery of gold (studded with stones or not)’ [(-) 75.1%], ‘Anti-malarial drugs’ [(-) 65.9%], ‘Air filters’ [(-) 52.2%], ‘Copper bars, rods & wire rods’ [(-) 40.9%], ‘Telephones and mobile instruments’ [(-) 38.4%], ‘Paper of all kinds excluding newsprint’ [(-) 37.8%], ‘Bags/ pouches of HDPE/ LDPE (plastic)’ [(-) 37.6%], ‘Copper electrodes’ [(-) 34.1%], ‘Plastic components of packing/ closing/ bottling articles & of electrical fittings’ [(-) 30.0%], ‘Separators including decanter centrifuge’ [(-)25.8%], ‘Pesticides-technical grade’ [(-) 24.9%] and ‘Readymade Garments, knitted’ [(-) 20.6%].

        8. Taking into account the weights, the dominant item groups (five each) which have positively and negatively contributed to the overall growth of IIP are given below: 

        Item Group

        Weights (%)

        Contribution to IIP Growth

        High Positive Contributors

        Mining

        14.37

        0.6126

        Scientific instruments/ apparatus for drawing, calculating and measurement

        0.04

        0.5126

        Commercial Vehicles

        0.94

        0.4686

        Sugar

        0.76

        0.4088

        Cement- all types

        2.16

        0.3836

        High Negative Contributors

        Jewellery of gold (studded with stones or not)

        0.44

        -0.4452

        Copper bars, rods & wire rods

        0.64

        -0.2672

        Telephones and mobile instruments

        0.19

        -0.1641

        Readymade Garments, knitted

        0.23

        -0.1363

        Air filters

        0.19

        -0.1345

        9. Along with the Quick Estimates of IIP for the month of April 2018, the indices for March 2018 have undergone the first revision and those for January 2018 have undergone the final revision in the light of the updated data received from the source agencies.  

        10. Statements giving Quick Estimates of the Index of Industrial Production at Sectoral, 2-digit level of National Industrial Classification (NIC-2008) and by Use-based classification for the month of April 2018, along with the growth rates over the corresponding month of the previous year including the cumulative indices are enclosed. 

        Note: -

        1. This Press release information is also available at the Website of the Ministry - http://www.mospi.nic.in
        2. Release of the index for May 2018 will be on Thursday, 12 July 2018.
        3. Press release in Hindi follows and shall be available at:

            http:// mospi.nic.in/hi

         

        STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION - SECTORAL

        (Base : 2011-12=100)

        Month

        Mining

        Manufacturing

        Electricity

        General

        (14.372472)

        (77.63321)

        (7.994318)

        (100)

        2016-17

        2017-18

        2018-19

        2016-17

        2017-18

        2018-19

        2016-17

        2017-18

        2018-19

        2016-17

        2017-18

        2018-19

        Apr*

        95.9

        98.8

        103.8

        114.0

        117.3

        123.4

        142.9

        150.6

        153.7

        113.7

        117.3

        123.0

        May

        101.4

        101.7

         

        122.4

        125.6

         

        146.0

        158.1

         

        121.3

        124.8

         

        Jun

        98.4

        98.5

         

        121.1

        120.3

         

        144.3

        147.4

         

        119.7

        119.3

         

        Jul

        88.4

        92.4

         

        119.4

        119.3

         

        142.5

        151.9

         

        116.8

        118.0

         

        Aug

        84.7

        92.6

         

        119.6

        124.1

         

        143.5

        155.4

         

        116.5

        122.1

         

        Sep

        87.7

        94.4

         

        121.0

        125.6

         

        145.6

        150.5

         

        118.2

        123.1

         

        Oct

        101.0

        100.8

         

        121.3

        123.7

         

        145.1

        149.8

         

        120.3

        122.5

         

        Nov

        106.2

        107.7

         

        115.7

        127.7

         

        134.9

        140.1

         

        115.9

        125.8

         

        Dec

        114.1

        115.5

         

        121.4

        132.0

         

        137.8

        143.9

         

        121.7

        130.6

         

        Jan

        114.4

        114.7

         

        123.1

        133.8

         

        138.9

        149.5

         

        123.1

        132.3

         

        Feb

        110.5

        110.1

         

        119.7

        129.9

         

        130.2

        136.1

         

        119.2

        127.5

         

        Mar

        127.7

        131.6

         

        132.7

        138.9

         

        147.9

        156.7

         

        133.2

        139.3

         

        Average

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

        Apr-Mar

        102.5

        104.9

        --

        121.0

        126.5

        --

        141.6

        149.2

        --

        120.0

        125.2

        --

         

         

         

         

         

         

         

         

         

         

         

         

         

        Growth over the corresponding period of previous year

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

        Apr

        6.7

        3.0

        5.1

        4.9

        2.9

        5.2

        14.4

        5.4

        2.1

        6.0

        3.2

        4.9

         

         

         

         

         

         

         

         

         

         

         

         

         

        Apr-Mar

        5.3

        2.3

        --

        4.4

        4.5

        --

        5.8

        5.4

        --

        4.6

        4.3

        --

         

         

         

         

         

         

         

         

         

         

         

         

         

        * Indices for Apr 2018 are Quick Estimates.

        NOTE : Indices for the months of Jan'18 and Mar'18 incorporate updated production data.

         

        STATEMENT II:  INDEX OF INDUSTRIAL PRODUCTION - (2-DIGIT LEVEL)

        (Base: 2011-12=100)

        Industry

        Description

        Weight

        Index

        Cumulative Index

        Percentage growth

        code

         

         

        Apr'17

         

        Apr'18*

         

        Apr-Mar

        Apr'18*

        Apr-Mar

         

         

         

        2016-17

        2017-18

         

        2017-18

        10

        Manufacture of food products

        5.3025

        91.5

        105.9

        98.9

        107.2

        15.7

        8.4

        11

        Manufacture of beverages

        1.0354

        112.2

        116.8

        106.3

        105.4

        4.1

        -0.8

        12

        Manufacture of tobacco products

        0.7985

        73.6

        77.2

        115.9

        95.2

        4.9

        -17.9

        13

        Manufacture of textiles

        3.2913

        116.0

        114.2

        117.4

        116.9

        -1.6

        -0.4

        14

        Manufacture of wearing apparel

        1.3225

        155.5

        134.6

        151.7

        135.2

        -13.4

        -10.9

        15

        Manufacture of leather and related products

        0.5021

        131.4

        128.8

        122.3

        124.0

        -2.0

        1.4

        16

        Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

        0.1930

        86.1

        89.8

        93.1

        92.2

        4.3

        -1.0

        17

        Manufacture of paper and paper products

        0.8724

        110.5

        107.5

        114.0

        108.8

        -2.7

        -4.6

        18

        Printing and reproduction of recorded media

        0.6798

        98.6

        88.4

        106.0

        99.7

        -10.3

        -5.9

        19

        Manufacture of coke and refined petroleum products

        11.7749

        116.3

        117.4

        119.1

        123.5

        0.9

        3.7

        20

        Manufacture of chemicals and chemical products

        7.8730

        108.6

        112.9

        116.5

        116.1

        4.0

        -0.3

        21

        Manufacture of pharmaceuticals, medicinal chemical and botanical products

        4.9810

        182.2

        196.2

        172.3

        212.6

        7.7

        23.4

        22

        Manufacture of rubber and plastics products

        2.4222

        117.8

        105.8

        120.5

        110.6

        -10.2

        -8.2

        23

        Manufacture of other non-metallic mineral products

        4.0853

        110.6

        122.9

        109.9

        113.8

        11.1

        3.5

        24

        Manufacture of basic metals

        12.8043

        131.1

        136.2

        130.6

        138.0

        3.9

        5.7

        25

        Manufacture of fabricated metal products, except machinery and equipment

        2.6549

        94.0

        101.3

        105.5

        107.8

        7.8

        2.2

        26

        Manufacture of computer, electronic and optical products

        1.5704

        116.5

        148.5

        126.7

        148.5

        27.5

        17.2

        27

        Manufacture of electrical equipment

        2.9983

        98.1

        103.2

        122.6

        107.2

        5.2

        -12.6

        28

        Manufacture of machinery and equipment n.e.c.

        4.7653

        101.1

        109.7

        114.1

        120.5

        8.5

        5.6

        29

        Manufacture of motor vehicles, trailers and semi-trailers

        4.8573

        99.7

        121.5

        101.7

        114.5

        21.9

        12.6

        30

        Manufacture of other transport equipment

        1.7763

        124.8

        142.1

        117.5

        133.9

        13.9

        14.0

        31

        Manufacture of furniture

        0.1311

        169.5

        186.9

        176.2

        197.3

        10.3

        12.0

        32

        Other manufacturing

        0.9415

        138.9

        96.2

        125.6

        106.8

        -30.7

        -15.0

         

         

         

         

         

         

         

         

         

        05

        Mining

        14.3725

        98.8

        103.8

        102.5

        104.9

        5.1

        2.3

        10-32

        Manufacturing

        77.6332

        117.3

        123.4

        121.0

        126.5

        5.2

        4.5

        35

        Electricity

        7.9943

        150.6

        153.7

        141.6

        149.2

        2.1

        5.4

         

         

         

         

         

         

         

         

         

         

        General Index

        100.00

        117.3

        123.0

        120.0

        125.2

        4.9

        4.3

        * Figures for Apr 2018 are Quick Estimates.

         

         

         

         

         

         

         

        STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION - USE-BASED

        (Base :2011-12=100)

         

        Primary goods

        Capital goods

        Intermediate goods

        Infrastructure/ Construction goods

        Consumer durables

        Consumer non-durables

        Month

        (34.048612)

        (8.223043)

        (17.221487)

        (12.338363)

        (12.839296)

        (15.329199)

         

        2016-17

        2017-18

        2018-19

        2016-17

        2017-18

        2018-19

        2016-17

        2017-18

        2018-19

        2016-17

        2017-18

        2018-19

        2016-17

        2017-18

        2018-19

        2016-17

        2017-18

        2018-19

        Apr*

        113.1

        116.5

        120.1

        93.4

        88.9

        100.5

        115.4

        119.6

        121.5

        119.6

        125.2

        134.6

        120.6

        119.7

        124.8

        113.5

        123.5

        132.2

        May

        117.6

        122.0

         

        101.3

        99.7

         

        122.5

        123.3

         

        130.9

        130.8

         

        124.3

        125.1

         

        128.4

        140.9

         

        Jun

        116.7

        116.4

         

        106.3

        99.8

         

        121.5

        120.0

         

        128.9

        130.2

         

        121.9

        117.6

         

        122.3

        128.2

         

        Jul

        113.2

        115.7

         

        97.6

        96.5

         

        123.2

        119.8

         

        119.5

        124.6

         

        119.9

        117.0

         

        123.3

        128.3

         

        Aug

        110.0

        117.8

         

        94.8

        101.7

         

        123.6

        123.0

         

        124.9

        128.3

         

        122.8

        128.1

         

        122.6

        131.4

         

        Sep

        109.8

        117.0

         

        99.0

        107.6

         

        121.2

        123.8

         

        124.7

        125.3

         

        135.4

        129.9

         

        123.9

        136.9

         

        Oct

        119.2

        122.1

         

        94.3

        97.6

         

        122.3

        122.6

         

        124.8

        132.0

         

        130.7

        119.0

         

        122.1

        132.1

         

        Nov

        117.0

        120.9

         

        98.7

        104.3

         

        117.7

        125.4

         

        113.7

        129.3

         

        118.3

        122.0

         

        120.5

        149.1

         

        Dec

        123.3

        128.0

         

        97.3

        110.1

         

        121.9

        131.0

         

        125.8

        134.0

         

        116.8

        119.3

         

        131.3

        153.4

         

        Jan

        122.0

        129.2

         

        98.8

        111.1

         

        123.9

        130.6

         

        128.7

        138.3

         

        116.7

        125.6

         

        138.5

        153.3

         

        Feb

        115.2

        119.5

         

        101.9

        121.8

         

        120.7

        124.6

         

        122.6

        138.0

         

        115.4

        124.0

         

        136.5

        146.5

         

        Mar

        132.5

        136.5

         

        134.7

        127.0

         

        134.1

        137.2

         

        135.6

        147.7

         

        128.2

        133.4

         

        135.4

        152.6

         

        Average

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

        Apr-Mar

        117.5

        121.8

        --

        101.5

        105.5

        --

        122.3

        125.1

        --

        125.0

        132.0

        --

        122.6

        123.4

        --

        126.5

        139.7

        --

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

        Growth over the corresponding period of previous year

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

        Apr

        12.6

        3.0

        3.1

        9.2

        -4.8

        13.0

        -0.3

        3.6

        1.6

        0.8

        4.7

        7.5

        9.3

        -0.7

        4.3

        0.2

        8.8

        7.0

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

        Apr-Mar

        4.9

        3.7

        --

        3.2

        3.9

        --

        3.3

        2.3

        --

        3.9

        5.6

        --

        2.9

        0.7

        --

        7.9

        10.4

        --

        * Indices for Apr 2018 are Quick Estimates.

        NOTE : Indices for the months of Jan'18 and Mar'18 incorporate updated production data.

         

        Index of Industrial Production shows annual growth in April with manufacturing led gains and mixed sectoral performance. Quick release of the Index of Industrial Production for April 2018 reports the General Index at 123.0 with year on year growth; IIP is compiled from fourteen source agencies. Sectoral indices for Mining, Manufacturing and Electricity and two digit NIC 2008 manufacturing group results are presented, showing sixteen of twenty three manufacturing groups with positive growth and listing major positive and negative item contributors. Use based classification shows divergent growth across Primary, Capital, Intermediate, Infrastructure/Construction and Consumer categories. March and January indices have been revised using updated data.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Index of Industrial Production shows annual growth in April with manufacturing led gains and mixed sectoral performance.

                                Quick release of the Index of Industrial Production for April 2018 reports the General Index at 123.0 with year on year growth; IIP is compiled from fourteen source agencies. Sectoral indices for Mining, Manufacturing and Electricity and two digit NIC 2008 manufacturing group results are presented, showing sixteen of twenty three manufacturing groups with positive growth and listing major positive and negative item contributors. Use based classification shows divergent growth across Primary, Capital, Intermediate, Infrastructure/Construction and Consumer categories. March and January indices have been revised using updated data.





                                Note: It is a system-generated summary and is for quick reference only.

                                Topics

                                ActsIncome Tax
                                No Records Found