Process for Obtaining Industrial Output Data

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..... Process for Obtaining Industrial Output Data - News and Press Release Dated:- 17-12-2015 - News - The Industrial Output data is captured and monitored, primarily, through two statistical activities (i) Annual Survey of Industries (ASI) on an annual basis and (ii) Index of Industrial Production (IIP) on a monthly basis. The ASI is conducted under the Collection of Statistics Act, since 1959, to o .....

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..... btain comprehensive and detailed statistics of industrial sector with the objective of estimating the contribution of registered manufacturing industries as a whole to the national income. The IIP is compiled on the basis of data sourced from 16 ministries/ administrative departments. Data for IIP are collected by various source agencies under different Acts/statutes. Data received then undergo sc .....

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..... rutiny and validation before finalisation. The output figures for compilation of IIP are authenticated by respective line Ministries/ departments and the ASI data is based on actual book of accounts and other documents maintained by registered factories. Government is not contemplating any changes in the process for obtaining this data. The improvement in statistics pertaining to industrial out .....

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..... put is a dynamic process and quality of data is reviewed from time to time by expert groups/ standing committees to note the change in structure of industrial sector of the country, and improvements are made on the basis of recommendations of these committees/ expert groups. This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce Industry Smt. Nirm .....

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..... ala Sitharaman in a written reply in Rajya Sabha. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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