The Quick Estimates of Index of Industrial
Production (IIP) with base 1993-94 for the month of December
2002 have been released by the Central Statistical Organisation.
The General Index stands at 185.9 which is higher by 5.0% as
compared to the month of December 2001.
The Indices of Industrial Production for
the Mining, Manufacturing and Electricity sectors for the month
of December 2002 stand at 147.4, 193.1, and 169.8 respectively,
with the corresponding growths of 4.6%, 5.3% and 2.5% as compared
to December 2001. The cumulative growth in the three sectors
during April-December, 2002 over the corresponding period of
2001 has been 5.6%, 5.4% and 3.8%, respectively. The overall
growth in the General Index during this period has been 5.3%.
Alongwith the Quick Estimates of IIP for
December 2002, the indices for November 2002 have undergone
the first revision and those for September 2002 the second (final)
revision in the light of the updated data received from the
source agencies. There are no significant revisions in the indices
for September 2002 and November 2002.
As many as 12 of the 17 two-digit industry
groups have shown positive growth during the month of December
2002 as compared to the corresponding month of the previous
year. Beverages, Tobacco and Related Products have shown the
highest growth of 32.6%, followed by 18.6% in Transport Equipment
and Parts and 15.4% in Metal Products and Parts, except Machinery
and Equipment. On the other hand, Basic Chemicals & Chemical
Products (except products of Petroleum & Coal) have shown
a negative growth of 4.1% followed by a decline of 1.8% in Wood
and Wood Products; Furniture and Fixtures and 0.8% in Cotton
Textiles.
As per Use-based classification, the growth
in December 2002 over December 2001 is 3.4% in Basic goods,
11.7% in Capital goods and 3.0% in Intermediate goods. The Consumer
durables and Consumer non-durables have recorded growth of (-)1.9%
and 9.2% respectively, with the overall growth in Consumer goods
being 6.6%.
Statements giving Quick Estimates of the
Index of Industrial Production at Sectoral, 2-digit level of
National Industrial Classification (NIC)-1987 and by Use-based
classification for the month of December 2002, along with the
growth rates over the corresponding month of previous year,
including the cumulative indices and growth rates, are enclosed.
Note:
- This Press release information is also available at the
Website of the Ministry - http://www.mospi.nic.in
- The release of the index for January, 2003 will be on Wednesday,
12 March, 2003.
