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HomeEconomyIIP indicates improvement in economy

IIP indicates improvement in economy


New Delhi — The August 2015 Index of Industrial Production (IIP) growth has registered an increase of more than 6% after 34 months. The cumulative growth in the first 5 months in 2015-16 at 4.1% is better than the growth of 3% in the same period last year.

The manufacturing sector has grown 6.9% in August 2015, which has spearheaded industrial production. Double-digit growth in capital goods (21.8%) and consumer durables (17%) in August 2015, helped by a favourable base effect, implies improvement in and consumption demand.

The year-on-year inflation as reflected in all India Consumer Index (CPI, combined) increased to 4.4% in September 2015 from 3.7% in August 2015. However, it is low compared to 5.6% in September 2014. Inflation based on Consumer Food Price Index (CFPI) in September 2015 (3.9%) is lower than in September 2014 (6.2%).

Inflation continues to be low as per the latest CPI numbers. The industrial growth data is a reflection of recovery in the economy, predominantly led by domestic demand as the external sector environment continues to be sluggish.

The Ministry of Finance has stated that the data on the for August 2015 and CPI’s new series in September 2015 point at a steady improvement in the Indian economy.

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आज #MannKiBaat में माननीय प्रधानमंत्री श्री @narendramodi जी के विचारों का श्रवण किया। आपकी बातें मानों गागर में सागर हैं.. इनमे ज्ञान सागर का विस्तार भी है और गहरायी भी। उसमे ऊर्जा का प्रवाह भी है तथा निरंतर चिंतन भी..


PM Shri @narendramodi's #MannKiBaat with the nation.

आज प्रधानमंत्री श्री @narendramodi ने अपने ‘मन की बात’ कार्यक्रम में कटनी में आयोजित, रानी दुर्गावती की ‘दास्तानगोई’ का ज़िक्र किया।

यह प्रस्तुति लखनऊ के रहने वाले हिमांशु बाजपेयी और प्रज्ञा शर्मा ने की है। उन्होंने इसी तरह की एक दास्तानगोई रानी लक्ष्मीबाई के बारे में भी की है।

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