11 January, 2020
4 Min Read
Syllabus subtopic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment.
Prelims and Mains focus: About the economic slowdown in the Indian economy and its recovery; about IIP, CSO
News: India’s industrial production recovered from three months of contraction to expand by 1.8% in November, signalling an early but weak improvement in the economy.
Manufacturing output had been shrinking for the past three months with a 2.1% contraction in October. It had seen a 0.7% contraction last November.
What contributed to this recovery in IIP?
What does this recovery signify for this year’s budget?
About Central Statistics Office (CSO)
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