The many mysteries of the Index of Industrial Production

Manas Chakravarty • October 14, 2024 / 07:52 IST

Out of 23 manufacturing sectors, as many as 15 sectors had a higher production level in August 2018 than in August 2024

The IIP data are completely out of sync with the other economic indicators. The sooner the authorities overhaul this yardstick completely, the better

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