Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2011-06-13

MSME Ministry to develop separate IIP data

COS in its meeting held on 10th May approved the release of the new series of IIP with 2004-05 as its base and directed that the new series of IIP may be released for the month of April, 2011 onwards.

Ministry of Micro, Small & Medium Enterprises (MSME) may develop the separate Index of Industrial Production (IIP) for the MSME sector, for which the Committee of Secretaries (COS) would provide necessary technical guidance.

COS in its meeting held on 10th May approved the release of the new series of IIP with 2004-05 as its base and directed that the new series of IIP may be released for the month of April, 2011 onwards.

The monthly production data for the compilation of new series of IIP are being made available to the CSO by sixteen (16) source agencies. 14 out of 15 source agencies are retained in new series. Department of Chemicals & Petrochemicals and Department of Fertilizers are included in the new series as independent source agencies because of growing importance of their respective industries. The existing IIP data covers only big industrial segments.

Ministry of MSME is presently excluded as a source agency for new series of IIP, though bigger units of MSME sector, which are part of the coverage of Annual Survey of Industries (ASI) are already included in the item basket.

Related opportunities
  • Run your own preschool & provide quality education by joining..
    Locations looking for expansion Goa
    Establishment year 2014
    Franchising Launch Date 2015
    Investment size Rs. 2lac - 5lac
    Space required 900
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater North Goa Goa
  • Clothing
    About Us: Integrated in the year 2018, Baluchari Saree Essentials gracefully..
    Locations looking for expansion Uttar pradesh
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size
    Space required 2200
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Bishrakh Uttar pradesh
  • Tea And Coffee Chain
    About Us: Belief: “as is sound, so as echo” Mission: “best tea every t..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
  • Ice Creams & Yogurt Parlors
    About Us: N2ICREAM is a live ice cream brand, currently having..
    Locations looking for expansion West bengal
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Kolkata West bengal
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts