Govt to set up committee to examine IIP: Rangarajan

April 12, 2012 16:26

The government will set up a committee to examine the Index of Industrial Production (IIP) and look into ways to "tighten" various sources of data
collection, Prime Minister's Economic Advisory Council Chairman C Rangarajan said today.

"....I think the Government is now setting up a committee to examine the Index of Industrial Production," he said when asked about concerns in some quarters about volatility of IIP data and whether the Government would address them. The IIP growth has been revised downwards to 1.14 per cent for January, from the provisional estimates of 6.8 per cent, according to the official data released today.

Incidentally, IIP was trending a while ago.

« Back to LIVE

TOP STORIES

Jolt to MVA as Cong leader quits campaigning over no Muslim LS candidate

In a letter to Kharge, Khan said he will not campaign for party candidates for the remaining phases of the Lok Sabha polls and is also resigning from the state Congress campaign committee.

NIA chargesheets 14th accused in 2022 Coimbatore car bomb case

Naseer and his associates had conspired to wage war against the government of India and also to kill Indians in order to destabilise the country and create communal disharmony, it said.

India's Biggest Bow Arch String Girder

Glimpses of India's biggest Bowstring/Bow Arch Sting Girder installed by the Hindustan Construction Company on the Bandra-Worli Sea Link at 3.25 am, Friday, April 26, 2024.

IPL PIX: Punjab Kings beat KKR in record chase

IMAGES from the Indian Premier League match played between Kolkata Knight Riders and Punjab Kings in Kolkata on Friday.

'Stats are going out of the window'

'Very pleasing. Most importantly the win, cricket has turned to baseball isn't it? We're delighted with the two points.'