CURRENT AFFAIRS

Detailed explanation-1: -Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. The Eight Core Industries comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP). Details of annual and monthly indices and growth rates are provided at Annex I & II respectively.

Detailed explanation-2: -The cumulative growth of the Index between April and July of 2021-22 has been stated as 21.2% (P) in comparison to the corresponding span of the previous financial year. The monthly production figure of the eight core industries stated under the ICI improved by 5.42% (P) in July 2021 compared to June 2021.

Detailed explanation-3: -The weightage of the items in the Index of Industrial Production (IIP) is made up of the eight core industries in a percentage of 40.27. The index for December 2022 will be made public on January 31, 2023.

Detailed explanation-4: -The growth rate of eight infrastructure sectors - coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity - stood at 8 per cent in April-November this fiscal as against 13.9 per cent during the same period last fiscal.