The Quick Estimates
of Index of Industrial Production (IIP) with base 1993-94 for
the month of November 2002 have been released by the Central Statistical
Organisation. The General Index stands at 173.2 which is higher
by 3.7% as compared to the month of November 2001.
The Indices of
Industrial Production for the Mining, Manufacturing and Electricity
sectors for the month of November 2002 stand at 139.9, 178.8,
and 163.5 respectively, with the corresponding growths of 2.9%,
3.8% and 3.5% as compared to November 2001. The cumulative growth
in the three sectors during April-November, 2002 over the corresponding
period of 2001 has been 5.7%, 5.4% and 4.0%, respectively. The
overall growth in the General Index during this period has been
5.3%.
Alongwith the
Quick Estimates of IIP for November 2002, the indices for October
2002 have undergone the first revision and those for August 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 August 2002 and October 2002.
As many as 13
of the 17 two-digit industry groups have shown positive growth
during the month of November 2002 as compared to the corresponding
month of the previous year. Beverages, Tobacco and Related Products
have shown the highest growth of 35.6%, followed by 22.7% in Transport
Equipment and Parts and 8.3% in Paper & Paper Products and
Printing, Publishing & Allied Industries. On the other hand,
Wood and Wood Products; Furniture and Fixtures have shown a negative
growth of 24.3% followed by a decline of 7.9% in Leather and Leather
& Fur Products and 7.1% in Food Products.
As per Use-based
classification, the growth in November 2002 over November 2001
is 2.9% in Basic goods, 9.6% in Capital goods and 5.0% in Intermediate
goods. The Consumer durables and Consumer non-durables have recorded
growth of (-)1.9% and 3.0% respectively, with the overall growth
in Consumer goods being 1.8%.
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 November 2002,
along with the growth rates over the corresponding month of previous
year, including the cumulative indices and growth rates, are enclosed.
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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 December,
2002 will be on Tuesday, 11 February, 2003.
