Ministry of Statistics & Programme Implementation press release · 16 March 2026 · pibtracker filter

Ministry of Statistics and Programme Implementation is in process of revising base year of Index of Industrial Production from 2011-12 to 2022-23

PRID2240624 MinistryMinistry of Statistics & Programme Implementation Released16 March 2026 Reading7 min

Posted On: 16 MAR 2026 3:07PM by PIB Delhi The Ministry of Statistics and Programme Implementation is in the process of revising the base year of the Index of Industrial Production (IIP) from 2011-12 to 2022-23. The exercise involves reviewing and updating methodologies, item basket, item weights, data sources, and the list of factories to ensure that IIP accurately captures the industrial growth in the country. The proposal to revise the industrial weights and the adoption of a chain-linked approach is part of the ongoing efforts to ensure the index adequately captures emerging sectors, changes in industrial composition and is aligned with internationally accepted statistical methodologies. The Ministry has constituted a Technical Advisory Committee for Base Year Revision of All India Index of Industrial Production (TAC-IIP) to advise and address statistical complexities and methodological improvement including chain-linked approach. The revised IIP series with the new methodology is planned to be released in May 2026 . The base year revision exercise of the other national economic indicators of the Ministry namely Consumer Price Index (CPI) and Gross Domestic Product (GDP) have already been completed and new time series data has been released on 12 th February 2026 and 27 th February 2026 respectively. This information was given by the Minister of State (Independent Charge) of the Ministry of Statistics and Programme Implementation, Minister of State (Independent Charge) of the Ministry of Planning and Minister of State in the Ministry of Culture Rao Inderjit Singh in the Rajya Sabha today. ****** Samrat/ (Release ID: 2240624) Visitor Counter : 1559 Read this release in: Urdu , हिन्दी Ministry of Statistics & Programme Implementation Ministry of Statistics and Programme Implementation is in process of revising base year of Index of Industrial Production from 2011-12 to 2022-23 Posted On: 16 MAR 2026 3:07PM by PIB Delhi The Ministry of Statistics and Programme Implementation is in the process of revising the base year of the Index of Industrial Production (IIP) from 2011-12 to 2022-23. The exercise involves reviewing and updating methodologies, item basket, item weights, data sources, and the list of factories to ensure that IIP accurately captures the industrial growth in the country. The proposal to revise the industrial weights and the adoption of a chain-linked approach is part of the ongoing efforts to ensure the index adequately captures emerging sectors, changes in industrial composition and is aligned with internationally accepted statistical methodologies. The Ministry has constituted a Technical Advisory Committee for Base Year Revision of All India Index of Industrial Production (TAC-IIP) to advise and address statistical complexities and methodological improvement including chain-linked approach. The revised IIP series with the new methodology is planned to be released in May 2026 . The base year revision exercise of the other national economic indicators of the Ministry namely Consumer Price Index (CPI) and Gross Domestic Product (GDP) have already been completed and new time series data has been released on 12 th February 2026 and 27 th February 2026 respectively. This information was given by the Minister of State (Independent Charge) of the Ministry of Statistics and Programme Implementation, Minister of State (Independent Charge) of the Ministry of Planning and Minister of State in the Ministry of Culture Rao Inderjit Singh in the Rajya Sabha today. ****** Samrat/ (Release ID: 2240624) The Ministry of Statistics and Programme Implementation is in the process of revising the base year of the Index of Industrial Production (IIP) from 2011-12 to 2022-23. The exercise involves reviewing and updating methodologies, item basket, item weights, data sources, and the list of factories to ensure that IIP accurately captures the industrial growth in the country. The proposal to revise the industrial weights and the adoption of a chain-linked approach is part of the ongoing efforts to ensure the index adequately captures emerging sectors, changes in industrial composition and is aligned with internationally accepted statistical methodologies. The Ministry has constituted a Technical Advisory Committee for Base Year Revision of All India Index of Industrial Production (TAC-IIP) to advise and address statistical complexities and methodological improvement including chain-linked approach. The revised IIP series with the new methodology is planned to be released in May 2026. The base year revision exercise of the other national economic indicators of the Ministry namely Consumer Price Index (CPI) and Gross Domestic Product (GDP) have already been completed and new time series data has been released on 12th February 2026 and 27th February 2026 respectively. This information was given by the Minister of State (Independent Charge) of the Ministry of Statistics and Programme Implementation, Minister of State (Independent Charge) of the Ministry of Planning and Minister of State in the Ministry of Culture Rao Inderjit Singh in the Rajya Sabha today. ****** Samrat/ " /> var mPlayer = document.getElementById("background_music"); var mPlayAction = document.getElementById("playbutton"); var isPlaying = false; function playAudio() { mPlayer.play(); isPlaying = true; document.getElementById('stopA').style.display = "block"; document.getElementById('playA').style.display = "none"; } function pauseAudio() { mPlayer.pause(); isPlaying = false; document.getElementById('playA').style.display = "block"; document.getElementById('stopA').style.display = "none"; } //function HandleAudio() { // if (isPlaying == true) { // //Playing already Pause it // pauseAudio(); // } else { // //Play the music // playAudio(); // } //} var synth = window.speechSynthesis; function CleanHtml(html) { html = html.replace(/ /gi, ''); 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display: flex; align-items: center; justify-content: center; animation: flicker 2s infinite ease-in-out; } .countdown-text { font-size: 1.3rem; font-weight: 700; color: #fff; text-shadow: 0 0 6px rgba(255, 255, 255, 0.4), 0 0 10px #000; white-space: nowrap; } /* === Animations === */ @keyframes moveFilm { 0% { background-position: 0 0; } 100% { background-position: 120px 0; } } @keyframes flicker { 0%, 100% { opacity: 1; } 50% { opacity: 0.9; } 25% { opacity: 0.95; } 75% { opacity: 0.85; } } /* === Responsive Adjustments === */ @media (max-width: 1500px) { .film-roll-badge { top: 68%; right: 18px; /* width: 220px; */ height: 65px; font-size: 0.85rem; } .press-section { margin-top: 35px; } } @media (max-width: 992px) { .film-roll-badge { top: 52%; right: 10px; width: 200px; height: 60px; } } @media (max-width: 768px) { .film-roll-badge { top: 56%; right: 10px; width: 124px; height: 55px; } .countdown-text { font-size: 0.9rem; } } @media (max-width: 576px) { .film-roll-badge { top: 59%; right: 5px; /* width: 160px; */ height: 50px; } .countdown-text { font-size: 0.85rem; } } const festivalStart = new Date("2025-11-20T00:00:00").getTime(); const festivalEnd = new Date("2025-11-28T23:59:59").getTime(); const countdownElement = document.getElementById("countdown"); const interval = setInterval(() => { const now = new Date().getTime(); // BEFORE FESTIVAL — show days + hours left if (now = festivalStart && now el.style.width = "350px"); clearInterval(interval); } }, 1000); //

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Ministry of Statistics and Programme Implementation is in process of revising base year of Index of Industrial Production from 2011-12 to 2022-23

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