70th B.P.S.C. (Pre) 2024
According to the index of industrial production (IIP) data from the Ministry of Statistics and Programme Implementation, which indices experienced significant growth in financial year 2023?
aConsumer goods and infrastructure/construction goods
bConsumer goods and capital goods
cManufacturing and consumer goods
dCapital goods and infrastructure/construction goods✓ Correct
Explanation
According to the IIP data of the Ministry of Statistics and Programme Implementation, significant growth was seen in FY 2023 in the indices of capital goods and infrastructure/construction goods. It is noteworthy that for December 2024 (Quick Estimates), the IIP (base year 2011–12) was estimated at 158.0. For December 2024, the IIP for the mining, manufacturing and electricity sectors stood at 143.1, 156.2 and 192.8 respectively. At present Quick Estimate of IIP stands at 170.3 against 158.0 in December, 2024. The Indices of Industrial Production of the Mining, Manufacturing and Electricity Sectors, for the month of Dec.2025 stand at 153.0, 169.9 and 204.9 respectively.
indian-polity