QUICK ESTIMATES OF INDEX OF INDUSTRIAL
PRODUCTION AND USE-BASED INDEX (BASE 1993-94=100) FOR THE MONTH
OF AUGUST, 2003
The Quick Estimates
of Index of Industrial Production (IIP) with base 1993-94 for
the month of August 2003 have been released by the Central Statistical
Organisation. The General Index stands at 181.2 which is higher
by 5.2% as compared to the month of August 2002.
2. The Indices of
Industrial Production for the Mining, Manufacturing and Electricity
sectors for the month of August 2003 stand at 137.6, 188.9, and
166.3 respectively, with the corresponding growths of 2.5%, 6.0%
and 0.9% as compared to August 2002. The cumulative growths during
April-August, 2003-04 over the corresponding period of 2002-03
in the three sectors have been 4.4%, 6.2% and 2.4% respectively,
with the overall growth in the General Index being 5.6%.
3. Alongwith the
Quick Estimates of IIP for August 2003, the indices for July 2003
have undergone the first revision and those for May 2003, 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 May 2003 and July 2003.
4. As many as 11
of the 17 two-digit industry groups have shown positive growth
during the month of August 2003 as compared to the corresponding
month of the previous year. Paper & Paper Products and Printing,
Publishing & Allied Industries have shown the highest growth
of 34.0%, followed by 20.9% in Wood and Wood products; Furniture
and Fixtures as well as Beverages, Tobacco and Related Products
and 18.4% in Transport Equipment and Parts. On the other hand,
Leather and Leather and Fur Products have shown a negative growth
of 20.3% followed by a decline of 14.6% in Jute and Other Vegetables
Fibre Textiles (except cotton) and 8.4% in Cotton Textiles.
5. As per Use-based
classification, the growth in August 2003 over August 2002 is
4.0% in Basic goods, 6.3% in Capital goods and 4.1% in Intermediate
goods. The Consumer durables and Consumer non-durables have recorded
growth of 3.9% and 8.6% respectively, with the overall growth
in Consumer goods being 7.4%.
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 August
2003, 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
September, 2003 will be on Wednesday, 12 November, 2003.
Click here for Statement
I / Statement II / Statement
III
