The Index of Industrial Production (IIP) is a short-term micro economic indicator
widely used in measuring the industrial growth of the State. The index indicates
the relative change over time in the volume of production in industrial sector and
it is an effective tool to measure the trend of current industrial production.
Presently IIP constructed on the basis of base year 2004-05, but as per direction
of CSO base year will be shift 2004-05 to 2011-12. IIP on the basis of new base
year (2011-12) is under progress.
The Directorate of Economics and Statistics, Department of Planning, Rajasthan has
been compiling/releasing index of industrial production for the Rajasthan State
since 1971 as per the guidelines of the Central Statistical Office (CSO), Govt.
Present status of IIP in Rajasthan
At present state compiled IIP on a monthly basis under base year 2004-05. The current
IIP series based on 294 items. We also prepared manufacturing index for 2, 3, and
4 digits group (15-36) of NIC 2004 in proportion to their G.V.A. figures. Publication
of IIP released up to 2014 and Publication of 2015 is being under finalized.
It has now been decided to shift the base year of comparable state level IIP’s also
for 2004-05 to 2011-12 for new base year 2011-12 the weight selection of item basket
and selection of units list has been provided by C.S.O. Kolkata. New base year IIP
series based on 156 items/product groups for manufacturing sector, NIC 2008 Divisions
10 to 32 are considered.
Shifting of base year 2011-12 are in process to get monthly Production data from
April 2011 on wards for selected item for selected units in prescribed format given