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TaxTMI 
Statement of Srikant Kumar Jena on IIP
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....tatement of Srikant Kumar Jena on IIP <br>News and Press Release<br>Dated:- 12-9-2013<br><BR>Shri Srikant Kumar Jena, Minister of State (Independent charge), Ministry of Statistics & Programme Impleme....
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....ntation announced the release of the monthly Quick Estimates of Index of Industrial Production (IIP) for the month of July 2013 compiled by the Central Statistics Office. The index is a composite indi....
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....cator that measures the short term changes in the volume of industrial production. According to the index, the industrial growth for the month of July 2013 over the corresponding month of the previous....
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.... year is 2.6%. The three sectors that constitute the index are Mining, Manufacturing and Electricity. The monthly growth rates of these three sectors for the month are (-) 2.3%, 3.0% and 5.2% respecti....
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....vely. The Minister further added that as per "use-based" classification there has been positive growth in basic goods (1.7%), capital goods (15.6%), intermediate goods (2.4%) and consumer non-durables....
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.... (6.8%) whereas negative growth has been registered in consumer durables [(-) 9.3%].<BR> News - Press release - PIB....