Index of Eight Core Industries

This index for January 2021 was released by the Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade.
Eight Core Industries - Coal, Crude Oil, Natural Gas, Petroleum Refinery Products, Fertilizers, Steel, Cement, Electricity.
These Core Industries comprise 40.27% of the weight of items included in the Index of Industrial Production (IIP).
Since 2014, Electricity generation data from Renewable sources are also included.

Consumer Price Index

It examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care.
It is calculated by taking changes in price over time for each item in the predetermined basket of goods and averaging them.
This is done from the perspective of a retail buyer.
Labour Bureau under the Ministry of Labour and Employment compiles the CPI for Industrial Workers (IW), Agricultural Labourer (AL) and Rural Labourer (RL).
Central Statistical Organisation (CSO) under the Ministry of Statistics and Programme Implementation compiles CPI (Rural/ Urban/ Combined).
CPI is adopted as the key measure of retail inflation by the Reserve Bank of India in 2014.
India uses 2012 as the base year for calculating CPI.

Source: TH

Join Our Telegram

Anti-Defection Law in India

Anti-Defection Law in India

18 Mar, 26
SHARE

The Supreme Court of India recently gave a final three-week deadline to the Telangana Assembly Speaker to decide pending disqualification petitions against defecting MLAs under the Anti-Defection Law. What is the Anti-Defection Law? The Anti-Defection Law was introduced through the 52nd Amendment (1985), which added the Tenth Schedule to the

Rat-Hole Mining

18 Mar, 26
SHARE

A major disaster unfolded in East Jaintia Hills, Meghalaya, when at least 18 workers died following an explosion in an illegally operating rat-hole coal mine. This incident highlights the continued prevalence of rat-hole mining despite bans imposed by the National Green Tribunal (NGT) and the Supreme Court of India. Rat-hole mining is driven

India’s Aviation Sector

17 Mar, 26
SHARE

India’s aviation sector has grown rapidly, becoming a major economic success story. However, regulatory oversight has not evolved at the same pace. Data-driven monitoring of fares and market behavior is essential to ensure fair competition, prevent market abuse, and shift from reactive crisis management to proactive regulation. Challen

Federalism in India

14 Mar, 26
SHARE

Recently, a high-level committee on Union–State relations submitted its first report to the Government of Tamil Nadu. The report examines the distribution of powers and responsibilities between the Union and the States, highlighting ongoing debates regarding the balance between central authority and state autonomy. This discussion is clos

India–UAE Economic Partnership

14 Mar, 26
SHARE

The relationship between India and the United Arab Emirates has evolved from a traditional energy-based partnership into a comprehensive economic and strategic relationship. Over the years, strong political trust, growing trade, and expanding investments have transformed bilateral ties into a diversified economic corridor. The economic partnership