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What is not included in the Index of Industrial Production (IIP), which is the measure of Industrial activities in the Indian Economy?

Correct Answer: A. Gas and water supply

Explanation: Index of Industrial Production (IIP) Calculated and published by the Central Statistical Organisation (CSO) every month. The IIP is compiled for three major sectors: Mining and Quarrying, Manufacturing, and Electricity. The base year for IIP is 2011-2012 . The eight Core Industries in decreasing order of their weightage: Refinery Products > Electricity > Steel > Coal > Crude Oil > Natural gas > Cement >Fertilisers

RAS 2021MediumBudgeting

What is not included in the Index of Industrial Production (IIP), which is the measure of Industrial activities in the Indian Economy?

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