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17 Saturday Sep 2016

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   గత 28 నెలల పాలనా కాలంలో నరేంద్రమోడీ నాయకత్వంలోని కేంద్ర ప్రభుత్వం అనేక ‘ విజయాలు ‘ సాధించింది. తెలుగువారి విషయానికి వస్తే ఆంధ్రప్రదేశ్‌కు వాగ్దానం చేసిన ప్రత్యేక హోదాకు మించి ‘ప్రత్యేక సాయం ‘ కూడా వాటిలో ఒకటి కనుకనే చంద్రబాబు నాయుడు ప్రధాని నరేంద్రమోడీకి నీరాజనాలు పలుకుతున్నారు. వెంకయ్య నాయుడు తాను ఆంధ్రప్రదేశ్‌కు ప్రతినిధిని కాదంటూనే ఏపికి ప్రత్యేక సాయం సాధించిన పేరుతో సన్మానాలు చేయించుకోవటం చూస్తున్నాము. మోడీ పాలనా విజయాల విషయానికి వస్తే అన్ని రకాల పప్పుల ధరలు రికార్డు స్ధాయికి పెరిగి ఒక చరిత్రనే సృష్టించాయి. దానిని నరేంద్రమోడీ తప్ప మరొకరు అధిగమించే సూచనలు కనిపించటం లేదు. స్వంత డబ్బులతో పప్పులను కొనుగోలు చేసే వారు షాక్‌ తిన్నారు. కిలో కోడి మాంసం కంటే కిలో పప్పుల ధర ఎక్కువగా వుండటంతో అనేక మంది శాకాహారులు, మాంసాహారులుగా మారటంతో వాటి ధరలు కూడా పెరిగిపోయాయని జోకులు పేలిన విషయమూ తెలిసిందే.

    నరేంద్రమోడీ వూరూ వాడా తిరిగి ‘అచ్చే దిన్‌ ‘(మంచి రోజులు) తెస్తానని చేసిన వాగ్దానంపై గంపెడు ఆశలు పెట్టుకున్న జనం మంచి రోజులు వచ్చేటపుడు పప్పులు, వుప్పుల ధరలు పెరిగితేనేం అన్నట్లు పెరిగిన ధరలకు అలవాటు పడి అసలు ధరల గురించే మరచిపోయిన మత్తులో వున్నారు. వినియోగదారుల వ్యవహారాల శాఖా మంత్రి రామ్‌ విలాస్‌ పాశ్వాన్‌ ఈనెల 15వ తేదీన ఢిల్లీలో పప్పుల సరఫరా, ధరల గురించి ఒక ‘సూక్ష్మ సమీక్ష ‘ నిర్వహించినట్లు ఒక అధికారిక ప్రకటనను విడుదల చేశారు. http://pib.nic.in/newsite/PrintRelease.aspx?relid=149832

   దాని ప్రకారం మనకు చెప్పిందేమిటంటే గత నెల రోజులుగా క్రమంగా పప్పుల ధరలు పడిపోతున్నాయి. అసాధారణ రీతిలో గతేడాది పప్పుల ధరలు పెరగటానికి సట్టా వ్యాపారం (స్పెక్యులేషన్‌), దొంగ నిల్వలే కారణమని సమీక్షకు హజరైన పలు పప్పుల వాణిజ్య అసోసియేషన్ల వారు నోట మాట లేకుండా అంగీకరించారట. గతేడాది సెప్టెంబరులో ఈ ఏడాది సెప్టెంబరులో కూడా దేశీయంగా వుత్పత్తి, దిగుమతులు,అందుబాటు ఒకే విధంగా వున్నాయట.పప్పుల లోటు, అవసరం-సరఫరాల విషయంలో దిగుమతిదారులు పారదర్శకంగా వుండాలని, ప్రభుత్వమూ, వ్యాపారులూ మరింత సన్నిహితంగా పని చేసి వాస్తవంగా ఎన్ని పప్పులు అవసరమో తెలుసుకొని ముందుగానే దిగుమతులకు ప్రణాళిక వేసుకోవాలని పాశ్వాన్‌ గారు వాణిజ్య వేత్తలకు వుద్బోధించారు. తమ దిగుమతుల గురించి ముందుగానే ప్రభుత్వానికి సమాచారం అందచేస్తామని వ్యాపారులు హామీ ఇచ్చారు. ఇక ముందు నెలనెలా సమావేశమై సమీక్ష జరపాలని కూడా ఒక నిర్ణయం తీసుకున్నారు. ఇతర దేశాల ప్రభుత్వాలతో కుదుర్చుకున్న దీర్ఘకాలిక ఒప్పందాల గురించి వివరించిన మంత్రి వాటిని ఆధారం చేసుకొని పప్పుల దిగుమతిదారులు తమ కార్యకలాపాలను మరింతగా విస్తరించాలని కోరారు. పప్పుల వుత్పత్తి గురించి తమకు ప్రభుత్వం సరిఅయిన సమాచారం ఇవ్వాలని వ్యాపారులు కోరారు.

   మంత్రి వున్నదేమో వినియోగదారుల వ్యవహారాలు చూడటానికి కానీ ఆ సమావేశంలో వ్యాపారుల ప్రతినిధులు తప్ప వినియోగదారుల ప్రతినిధులు పాల్గొన్నట్లు ఎక్కడా లేదు. అందువలన ఈ ప్రకటనలోని అంశాలను చూసిన తరువాత మోడీ సర్కార్‌ పప్పుల ధరలను తగ్గించటానికి గాక దిగుమతిదారులకు కల్పించే సౌకర్యాల గురించి వివరించటానికి ఏర్పాటు చేసినట్లుగా అనిపించింది. చిత్రం ఏమిటంటే అంతకు ఒక రోజు ముందే కేంద్ర ప్రభుత్వం విడుదల చేసిన సమాచారం ప్రకారం దేశంలో టోకు ధరలు రెండు సంవత్సరాల గరిష్ట స్థాయికి చేరుకున్నాయి. ఇక చిల్లర ధరలు ముఖ్యంగా రోజువారీ పేద వినియోగదారులు కొనుగోలు చేసే దుకాణాలలోని ధరల గురించి ఎంత తక్కువ చెప్పుకుంటే అంత మంచిది.ఆగస్టు నెలలో టోకు ధరల ద్రవ్యోల్బణం 3.74 శాతానికి చేరి రెండు సంవత్సరాల నాటి రికార్డును సమం చేసింది. దీనికి పప్పుల ధరలతో పాటు పారిశ్రామిక వస్తువుల ధరల పెరుగుదల కారణాలలో ఒకటి. 2014 నవంబరు నుంచి 2016 మార్చి నెల వరకు టోకు ధరల ద్రవ్యోల్బణం ప్రతికూల ధోరణిలో నమోదు కావటం తమ ఘనతగా మోడీ సర్కార్‌ ప్రచారం చేసుకుంది. గతేడాది ఆగస్టులో టోకు ధరల పెరుగుదల రేటు లేదా ద్రవ్యోల్బణం మైనస్‌ 5.06 శాతం వుంది. టోకు ధరల సూచిక మైనస్‌కు పడిపోయినపుడే చిల్లర ధరలు విపరీతంగా పెరిగాయి, ఇప్పుడు టోకు ధరలు కూడా పెరగటం అంటే చిల్లర ధరలు మరింతగా మండుతున్నట్లే . మంచి రోజులంటే ఇవా ? గతంలో వుల్లి ధరలు వినియోగదారులకు కళ్లనీళ్లు తెప్పిస్తే ఇప్పుడు రైతులకు తెప్పిస్తున్నాయి. ఈ రెండు సందర్భాలలోనూ బాగుపడుతున్నది బడా వ్యాపారులే. పెసల వంటి కొన్ని పప్పుల పంట మార్కెట్‌కు వచ్చే తరుణంలో ధరలు తగ్గటం అంటే రైతాంగం నుంచి తక్కువ ధరకు కొట్టేసే వ్యాపారుల ఎత్తుగడ తప్ప మరొకటి కాదు.

   పప్పులు, వుల్లి ధరలు ఆసాధారణ రీతిలో పెరగటానికి సట్టా వ్యాపారం, దొంగ నిల్వలే కారణమని ప్రతిపక్ష పార్టీలు, మీడియా, జనమూ నెత్తీనోరూ కొట్టుకున్నా గత రెండు సంవత్సరాలుగా అటు కేంద్రానికి, ఇటు ఏ రాష్ట్ర ప్రభుత్వానికీ పట్టలేదు.ఈ లోగా కొన్ని వేల కోట్ల రూపాయలను వ్యాపారులు పోగేసుకున్నారు. ఇప్పటి వరకు ఏ ఒక్కరిపైనా చర్య తీసుకోని సర్కార్‌ రెండు సంవత్సరాల తరువాత ప్రతినెలా సమీక్ష జరపాలని నిర్ణయించటం అంతర్జాతీయ పప్పుల సంవత్సరంలో నవ్వురాని జోకు. అటు కేంద్రంలోనూ, ఇటు రాష్ట్రాలలోనూ తమకు అనుకూలమైన ప్రభుత్వాలు వున్నాయన్న ధీమా తప్ప దొంగ వ్యాపారులకు అంత ధైర్యం ఎక్కడి నుంచి వచ్చినట్లు ?

    నరేంద్రమోడీ నాయకత్వంలోని బిజెపి అధికారానికి రావటానికి అవసరమైన పెట్టుబడులు పెట్టిన వారిలో పారిశ్రామిక, వాణిజ్యవేత్త అదానీ గ్రూపు కంపెనీలన్నది జగమెరిగిన సత్యం. మీడియాలో వచ్చిన వార్తల ప్రకారం సదరు అదానీ 2014లో సింగపూర్‌కు చెందిన వెల్మర్‌ కంపెనీతో కలసి ఒక సంయుక్త కంపెనీని ఏర్పాటు చేశాడు. పప్పుధాన్యాలు పండే ప్రాంతాల రైతుల నుంచి వాటిని కొనుగోలు చేయటం దీని లక్ష్యం. అయితే పేరుకు సేకరణ, గరిష్ట నిల్వలపై పరిమితులు వున్నాయి. కేంద్రంలో నరేంద్రమోడీ, రాష్ట్రాలలో అనుకూల ప్రభుత్వాలు వున్న కారణంగా వాటిని తుంగలో తొక్కి దాదాపు 100లక్షల టన్నులు నిల్వచేసినట్లు అంచనా. రైతుల దగ్గరి నుంచి లేదా దిగుమతులు చేసుకొని గానీ ఈ మొత్తాన్ని సగటున కిలో 30రూపాయలకు కొని 220 వంతున అమ్మగా లక్షా 90వేల కోట్ల రూపాయలు ఈ కాలంలో అదానీ కంపెనీ సంపాదించినట్లు వచ్చిన వార్తలను అటు అదానీ కంపెనీ లేదా ఇటు ప్రభుత్వం గానీ ఇంతవరకు ఖండించలేదు.

    నరేంద్రమోడీ వేలం వెర్రిగా ఇప్పటికీ విదేశీ పర్యటనలు జరుపుతూనే వున్నారు. ఆయన పర్యటనలో అదానీ కంపెనీల యజమాని గౌతమ్‌ అదానీ లేకుండా ప్రధాని విమానం కదలదంటే అతిశయోక్తి కాదు.అప్పటికే పెద్ద మొత్తంలో బ్యాంకుల నుంచి రుణాలు తీసుకున్న అదానీ కంపెనీలకు నరేంద్రమోడీ అధికారానికి వచ్చిన తరువాత ఒక్క ఎస్‌బిఐ అధికారులే ఒక బిలియన్‌ డాలర్ల మేర అప్పులిచ్చినట్లు వార్తలు వచ్చాయి. కాంగ్రెస్‌ కాలంలో టెలికాం స్కాం కారణంగా లక్షల కోట్ల రూపాయలు ప్రభుత్వ ఖజానాకు దక్కకుండా కంపెనీ యజమానులకు కట్టపెట్టారు. నరేంద్రమోడీ రెండు సంవత్సరాల పాలనా కాలంలోనే వుల్లిపాయలు, పప్పుల బ్లాక్‌ మార్కెటింగ్‌, సట్టా వ్యాపారం ద్వారా యావత్‌ జనం జేబుల నుంచి అంతకంటే ఎక్కువ మొత్తాన్నే వాణిజ్య సంస్ధల యజమానులు కొట్టేశారు. ఆ దోపిడీ ఇంకా సాగుతూనే వుంది.

Enhancing Buffer Stock of Pulses to 20 LMT

12 Monday Sep 2016

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Shri Ram Vilas Paswan, Minister of Consumer Affairs, Food and Public Distribution today here brief the media about the initiatives taken by the Government to check the price rise of pulses.

The Minister said that the main reason for unprecedented price rise in pulses has been two years of deficit rainfall and consequently drought-like situation in the entire country. Due to this, the production of pulses was less as compared to that in previous years, as a result of which there was huge demand-supply gap. This provided an opportunity for middlemen and hoarders to stock and speculate the price of pulses.

Highlighting the statistics, the Minister said that the production of pulses sharply declined from 192.5 LMT in the year 2013-14 to 171.4 LMT in 2014-15 and to around 165 LMT in 2015-16. Though the import figures increased to 45 LMT in 2014-15 and 58 LMT in 2015-16, there was a net deficit in supplies.

Shri Paswan said that fortunately, this year, there has been good rainfall and the acreage of pulses has gone up. It is expected that the production of pulses will exceed 200 LMT in the year 2016-17.

The Minister said that Government took various steps to check rising prices of pulses by banning export and allowing import of pulses at zero duty. In the last two years MSP of pulses has been increased considerably by providing bonus. The MSP for Arhar was increased from Rs. 4350 per qtl. in the year 2014-15 to Rs. 4625 per qtl. in the year 2015-16. This year, the MSP of Arhar has been increased by Rs. 425 per qtl. and now it is Rs. 5050 per qtl. Similarly, in case of Urad the MSP now is Rs. 5000 per qtl., an increase of Rs. 650 per qtl. in two years. The MSP for Moong is Rs. 5225 per qtl., an increase of Rs. 625 per qtl. in the last two years.

Buffer Stock

Shri Ram Vilas Paswan said that Government took a decision to create buffer stock of 1.5 LMT pulses. However, looking at the trend of prices and demand-supply gap, it was increased to 5 LMT and then to 8 LMT. Now as per the decision of Cabinet Committee on Economic Affairs today, the buffer stock has been increased to 20 LMT. The salient features of buffer stock are as follows:

10 LMT will be created through domestic procurement operations to be undertaken by FCI, NAFED and SFAC.

10 LMT will be created through import of pulses which will be through G2G contract and/or spot purchase from the global market.

The stock position of buffer stock at present is 3 LMT, out of which 1.81 LMT is imported pulses and 1.19 LMT is domestic procurement.

The allocation of pulses from buffer stock would be made to States and Central Agencies.

Pulses would be released through Open Market Sales as well.

Professional agency for management of buffer stock may be engaged.

Shri Paswan said that all this has been possible due to personal intervention of Prime Minister who took the issue of price rise on high priority and formed a High Level Committee under the Chairmanship of Finance Minister. Enhancing the buffer stock to 20 LMT was one of the recommendations of this Committee, which the Cabinet Committee on Economic Affairs approved today.

Index of Industrial Production and Use-Based Index Decreased for the Month of JULY, 2016

12 Monday Sep 2016

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Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of JULY, 2016

(BASE 2004-05=100)

The Quick Estimates of Index of Industrial Production (IIP) with base 2004-05 for the month of July 2016 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation. IIP is compiled using data received from 15 source agencies viz. (i) Department of Industrial Policy & Promotion (DIPP); (ii) Indian Bureau of Mines; (iii) Central Electricity Authority; (iv) Joint Plant Committee, Ministry of Steel; (v) Ministry of Petroleum & Natural Gas; (vi) Office of Textile Commissioner; (vii) Department of Chemicals & Petrochemicals; (viii) Directorate of Sugar & Vegetable Oils; (ix) Department of Fertilizers; (x) Tea Board; (xi) Office of Jute Commissioner; (xii) Office of Coal Controller; (xiii) Railway Board; (xiv) Office of Salt Commissioner; and (xv) Coffee Board.

  1. The General Index for the month of July 2016 stands at 176.1, which is 2.4 percent lower as compared to the level in the month of July 2015. The cumulative growth for the period April-July 2016 over the corresponding period of the previous year stands at (-) 0.2 percent.
  2. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of July 2016 stand at 118.7, 184.5 and 193.3 respectively, with the corresponding growth rates of 0.8 percent, (-) 3.4 percent and 1.6 percent as compared to July 2015 (Statement I). The cumulative growth in these three sectors during April-July 2016 over the corresponding period of 2015 has been 2.0 percent, (-) 1.4 percent and 7.1 percent respectively.
  3. In terms of industries, twelve out of the twenty two industry groups ( as per 2-digit NIC-2004) in the manufacturing sector h ave shown negative growth during the month of July 2016 as compared to the corresponding month of the previous year (St atement II). The industry group ‘Electrical machinery & apparatus n.e.c.’ has shown the highest negative growth of (-) 59.2 percent followed by (-) 16.8 percent in ‘Medical, precision & optical instruments, watches and clocks’ and    (-) 16.2 percent in ‘Wearing apparel; dressing and dyeing of fur’. On the other hand, ‘Tobacco products’ has shown the highest positive growth of 22.3 percent, followed by 12.3 percent in ‘Coke, refined petroleum products & nuclear fuel’ and 10.9 percent in ‘Radio, TV and communication equipment & apparatus’.
  4. As per Use-based classification, the growth rates in July 2016 over July 2015 are 2.0 percent in Basic goods, (-) 29.6 percent in Capital goods and 3.4 percent in Intermediate goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of 5.9 percent and (-) 1.7 percent respectively, with the overall growth in Consumer goods being 1.3 percent.
  5. Some important items showing high negative growth during the current month over the same month in previous year include ‘Cable, Rubber Insulated’            [(-) 91.1%], ‘Marble Tiles/ Slabs’ [(-) 62.3%], ‘H R Sheets’ [(-) 59.2%], ‘Sugar Machinery’ [(-) 52.7%], ‘Sealed Compressors’ [(-) 33.3%] and ‘Rice’ [(-) 24.0%].
  6. Some important items that have registered high positive growth include ‘Air Conditioner (Room)’ (102.8%), ‘Wood Furniture’ (74.1%), ‘Instant Food Mixes (Ready to eat)’ (65.3%), ‘Colour TV Sets’ (28.9%), ‘Purified Terephthalic acid’ (27.1%), ‘Antibiotics & It’s Preparations’ (26.9%) and ‘Terry Towel’ (21.9%).
  7. Taking into account the weights, the dominant item groups (five each) which have positively and negatively contributed to the overall growth of IIP are given below:
Item Group Weights (%) Contribution
High Negative Contributors
Cable, Rubber Insulated 0.12 -4.2456
Apparels 2.03 -0.3636
Rice 0.66 -0.1644
H R Sheets 0.31 -0.1632
Conductor, Aluminium 0.20 -0.1418
High Positive Contributors
Diesel, High Speed 2.11 0.2975
Antibiotics & It’s Preparations 2.38 0.2972
Air Conditioner (Room) 0.29 0.2856
Pan Masala 0.09 0.2079
Telephone Instruments Including Mobile Phone And Accessories 0.22 0.2015
  1. Along with the Quick Estimates of IIP for the month of July 2016, the indices for June 2016 have undergone the first revision and those for April 2016 have undergone the final revision in the light of the updated data received from the source agencies. It may be noted that these revised indices (first revision) in respect of June 2016 may undergo final (second) revision along with the release of IIP for the month of September 2016.
  2. Statements giving Quick Estimates of the Index of Industrial Production at Sectoral, 2-digit level of National Industrial Classification (NIC-2004) and by Use-based classification for the month of July 2016, along with the growth rates over the corresponding month of the previous year including the cumulative indices are enclosed.

 

STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION – SECTORAL
(Base : 2004-05=100)
Month Mining Manufacturing Electricity General
(141.57) (755.27) (103.16) (1000.00)
2015-16 2016-17 2015-16 2016-17 2015-16 2016-17 2015-16 2016-17
Apr 121.9 122.7 188.5 181.7 177.2 203.0 177.9 175.5
May 127.9 129.7 187.3 188.4 195.0 204.2 179.7 181.7
Jun 121.6 128.0 189.5 190.9 183.7 198.9 179.3 182.8
Jul* 117.7 118.7 190.9 184.5 190.3 193.3 180.5 176.1
Aug 120.2 184.8 194.4 176.6
Sep 119.3 186.9 195.7 178.2
Oct 130.8 188.1 201.6 181.4
Nov 130.8 171.7 175.6 166.3
Dec 137.3 193.1 183.2 184.2
Jan 138.8 194.8 188.3 186.2
Feb 136.1 193.9 181.9 184.5
Mar 149.5 208.1 197.2 198.7
Average
Apr-Jul 122.3 124.8 189.1 186.4 186.6 199.9 179.4 179.0
Growth over the corresponding period of previous year
Jul* 1.3 0.8 4.8 -3.4 3.5 1.6 4.3 -2.4
Apr-Jul 0.6 2.0 4.0 -1.4 2.6 7.1 3.5 -0.2
* Indices for July 2016 are Quick Estimates.
NOTE : Indices for the months of Apr’16 and Jun’16 incorporate updated production data.

 

 

STATEMENT II:  INDEX OF INDUSTRIAL PRODUCTION – (2-DIGIT LEVEL)
(Base: 2004-05=100)
Industry Description Weight           Index           Cumulative Index   Percentage growth
code     Jul’15 Jul’16 Apr-Jul Jul’16 Apr-Jul
          2015-16 2016-17   2016-17
15 Food products and beverages 72.76 133.0 132.0 149.9 136.5 -0.8 -8.9
16 Tobacco products 15.70 91.2 111.5 97.9 99.0 22.3 1.1
17 Textiles 61.64 155.4 158.9 154.7 159.2 2.3 2.9
18 Wearing apparel; dressing and dyeing of fur 27.82 192.6 161.4 197.0 191.7 -16.2 -2.7
19 Luggage, handbags, saddlery, harness & footwear; tanning and dressing of leather products 5.82 150.5 135.3 152.9 136.7 -10.1 -10.6
20 Wood and products of wood & cork except furniture; articles of straw & plating materials 10.51 168.2 154.9 160.5 153.8 -7.9 -4.2
21 Paper and paper products 9.99 146.0 144.9 144.8 149.9 -0.8 3.5
22 Publishing, printing & reproduction of recorded media 10.78 162.6 161.2 164.6 158.7 -0.9 -3.6
23 Coke, refined petroleum products & nuclear fuel 67.15 149.3 167.6 146.8 161.7 12.3 10.1
24 Chemicals and chemical products 100.59 145.2 153.1 143.4 148.3 5.4 3.4
25 Rubber and plastics products 20.25 184.7 191.4 192.5 197.3 3.6 2.5
26 Other non-metallic mineral products 43.14 167.9 167.5 169.5 173.4 -0.2 2.3
27 Basic metals 113.35 229.5 234.0 230.6 236.3 2.0 2.5
28 Fabricated metal products, except machinery & equipment 30.85 185.0 178.7 170.9 175.8 -3.4 2.9
29 Machinery and equipment n.e.c. 37.63 192.4 209.4 233.2 253.9 8.8 8.9
30 Office, accounting & computing machinery 3.05 49.3 44.4 54.7 57.7 -9.9 5.5
31 Electrical machinery & apparatus n.e.c. 19.80 671.8 274.2 559.2 272.2 -59.2 -51.3
32 Radio, TV and communication equipment & apparatus 9.89 375.2 416.1 328.5 370.0 10.9 12.6
33 Medical, precision & optical instruments, watches and clocks 5.67 104.0 86.5 94.7 95.4 -16.8 0.7
34 Motor vehicles, trailers & semi-trailers 40.64 245.0 253.7 232.6 246.4 3.6 5.9
35 Other transport equipment 18.25 278.7 282.9 258.8 276.2 1.5 6.7
36 Furniture; manufacturing n.e.c. 29.97 162.6 158.6 155.8 155.5 -2.5 -0.2
10 Mining & Quarrying 141.57 117.7 118.7 122.3 124.8 0.8 2.0
15-36 Manufacturing 755.27 190.9 184.5 189.1 186.4 -3.4 -1.4
40 Electricity 103.16 190.3 193.3 186.6 199.9 1.6 7.1
General Index 1000 180.5 176.1 179.4 179.0 -2.4 -0.2
 

*Industry codes are as per National Industrial Classification 2004

 

STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION – USE-BASED
(Base : 2004-05=100)
  Basic goods Capital goods Intermediate goods Consumer goods
              Total Durables Non-durables
Month (456.82) (88.25) (156.86) (298.08) (84.60) (213.47)
  2015-16 2016-17 2015-16 2016-17 2015-16 2016-17 2015-16 2016-17 2015-16 2016-17 2015-16 2016-17
Apr 167.3 175.4 248.0 185.2 153.2 156.7 186.5 182.8 258.7 289.2 157.9 140.6
May 177.4 184.1 234.9 205.9 157.4 163.5 178.7 180.5 252.4 267.5 149.5 146.0
Jun 171.9 181.8 265.4 222.1 153.1 161.8 179.0 183.8 246.1 259.8 152.4 153.7
Jul* 171.6 175.1 289.9 204.0 158.5 163.9 173.2 175.5 244.2 258.6 145.1 142.6
Aug 170.0 267.5 156.2 170.8 256.0 137.0
Sep 168.0 287.2 154.0 174.5 262.0 139.8
Oct 175.0 278.6 154.7 176.3 272.2 138.3
Nov 167.3 190.6 149.2 166.8 226.1 143.3
Dec 175.8 219.5 161.4 198.6 242.5 181.2
Jan 178.8 212.2 162.8 202.1 260.5 178.9
Feb 173.5 231.1 159.2 200.8 277.2 170.5
Mar 188.7 280.7 171.8 204.0 288.3 170.6
Average
Apr-Jul 172.1 179.1 259.6 204.3 155.6 161.5 179.4 180.7 250.4 268.8 151.2 145.7
Growth over the corresponding period of previous year
Jul* 5.4 2.0 10.1 -29.6 2.0 3.4 1.1 1.3 10.5 5.9 -4.4 -1.7
Apr-Jul 4.9 4.1 4.2 -21.3 1.7 3.8 2.2 0.7 5.3 7.3 0.1 -3.6
* Indices for July 2016 are Quick Estimates.
NOTE : Indices for the months of Apr’16 and Jun’16 incorporate updated production data.

 

 

RDS

 

Consumer Price Index Numbers for the month of August 2016

12 Monday Sep 2016

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Consumer Price Index Numbers on Base 2012=100 for Rural, Urban and combined for the month of August 2016
The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation has revised the Base Year of the Consumer Price Index (CPI) from 2010=100 to 2012=100 with effect from the release of indices for the month of January 2015.

  1. In this press note, the CPI (Rural, Urban, Combined) on Base 2012=100 is being released for the month of August 2016. In addition to this, Consumer Food Price Index (CFPI) for all India Rural, Urban and Combined are also being released for August 2016. All India Inflation rates (on point to point basis i.e. current month over same month of last year, i.e., August 2016 over August 2015), based on General Indices and CFPIs are given as follows:

All India Inflation rates (%) based on CPI (General) and CFPI

Indices  August 2016 (Prov.) July 2016 (Final) August 2015 (Final)
Rural Urban Combd. Rural Urban Combd. Rural Urban Combd.
CPI (General) 5.87 4.22 5.05 6.66 5.39 6.07 4.47 2.75 3.74
CFPI 6.32 5.10 5.91 8.18 8.80 8.35 3.02 0.84 2.20

Notes: Prov.  – Provisional, Combd. – Combined

  1. Monthly changes in the General Indices and CFPIs are given below:

Monthly changes (%) in All India CPI (General) and CFPI: Aug. 2016 over Jul. 2016

Indices Rural Urban Combined
Index Value % Change Index Value % Change Index Value % Change
Aug.16 Jul.16 Aug.16 Jul.16 Aug.16 Jul.16
CPI (General) 133.5 133.0 0.38 128.4 129.0 -0.47 131.1 131.1 0.00
CFPI 138.0 137.6 0.29 138.1 141.0 -2.06 138.0 138.8 -0.58

Note: Figures of August 2016 are provisional.

  1. Provisional indices for the month of August 2016 and also the final indices for July 2016 are being released with this note for all-India and for State/UTs. All-India provisional General (all-groups), Group and Sub-group level CPI and CFPI numbers for August 2016 for Rural, Urban and Combined are given in Annexure I. The inflation rates of important categories of items are given in Annexure II. State/UT wise provisional General CPI numbers for Rural, Urban and Combined are given in Annexure III. Inflation rates of major States, having population more than 50 lakhs as per population Census 2011, are given in Annexure IV. State/UT–wise Group CPIs are available on the Ministry’s website (www.mospi.gov.in).
  2. Price data are collected from selected towns by the Field Operations Division of NSSO and from selected villages by the Department of Posts. Price data are received through web portals, maintained by the National Informatics Centre.

Next date of release:  13th October 2016 (Thursday) for September 2016.                    

Annexure I

All India Consumer Price Indices

(Base: 2012=100)

Group Code Sub-group Code Description Rural Urban Combined
Weights Jul. 16 Index
(Final)		 Aug. 16 Index
(Prov.)		 Weights Jul. 16 Index
(Final)		 Aug. 16 Index
(Prov.)		 Weights Jul. 16 Index
(Final)		 Aug. 16 Index
(Prov.)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12)
  1.1.01 Cereals and products 12.35 129.3 130.1 6.59 126.8 127.6 9.67 128.5 129.3
  1.1.02 Meat and fish 4.38 139.5 138.7 2.73 144.2 140.3 3.61 141.2 139.3
  1.1.03 Egg 0.49 129.6 130.3 0.36 136.6 133.7 0.43 132.3 131.6
  1.1.04 Milk and products 7.72 134.5 135.2 5.33 131.8 132.2 6.61 133.5 134.1
  1.1.05 Oils and fats 4.21 119.5 119.9 2.81 111.0 111.8 3.56 116.4 116.9
  1.1.06 Fruits 2.88 138.5 140.3 2.90 137.0 135.8 2.89 137.8 138.2
  1.1.07 Vegetables 7.46 158.2 157.1 4.41 179.5 163.4 6.04 165.4 159.2
  1.1.08 Pulses and products 2.95 171.8 172.3 1.73 188.4 182.3 2.38 177.4 175.7
  1.1.09 Sugar and Confectionery 1.70 110.3 112.1 0.97 113.3 114.6 1.36 111.3 112.9
  1.1.10 Spices 3.11 134.3 134.8 1.79 143.9 144.6 2.50 137.5 138.1
  1.2.11 Non-alcoholic beverages 1.37 127.3 128.1 1.13 121.7 121.9 1.26 125.0 125.5
  1.1.12 Prepared meals, snacks, sweets etc. 5.56 139.9 140.6 5.54 137.5 138.1 5.55 138.8 139.4
1   Food and beverages 54.18 137.6 138.0 36.29 139.8 137.6 45.86 138.4 137.9
2   Pan, tobacco and intoxicants 3.26 138.0 139.0 1.36 142.9 143.6 2.38 139.3 140.2
  3.1.01 Clothing 6.32 137.2 137.8 4.72 127.9 128.3 5.58 133.5 134.1
  3.1.02 Footwear 1.04 132.2 133.0 0.85 121.1 121.4 0.95 127.6 128.2
3   Clothing and footwear 7.36 136.5 137.1 5.57 126.9 127.3 6.53 132.7 133.2
4   Housing – – – 21.67 126.4 127.3 10.07 126.4 127.3
5   Fuel and light 7.94 128.2 129.1 5.58 115.5 114.7 6.84 123.4 123.6
  6.1.01 Household goods and services 3.75 130.0 130.7 3.87 123.5 123.9 3.80 126.9 127.5
  6.1.02 Health 6.83 126.7 127.1 4.81 120.9 121.2 5.89 124.5 124.9
  6.1.03 Transport and communication 7.60 116.4 115.9 9.73 111.7 110.4 8.59 113.9 113.0
  6.1.04 Recreation and amusement 1.37 125.2 125.6 2.04 120.3 120.6 1.68 122.4 122.8
  6.1.05 Education 3.46 130.8 132.0 5.62 130.8 131.4 4.46 130.8 131.6
  6.1.06 Personal care and effects 4.25 120.9 122.1 3.47 120.0 120.9 3.89 120.5 121.6
6   Miscellaneous 27.26 123.8 124.2 29.53 119.9 119.9 28.32 121.9 122.1
General Index (All Groups) 100.00 133.0 133.5 100.00 129.0 128.4 100.00 131.1 131.1
Consumer Food Price Index 47.25 137.6 138.0 29.62 141.0 138.1 39.06 138.8 138.0

Notes:

  1. Prov.   : Provisional.
  2. –           : CPI (Rural) for housing is not compiled.
  3. The weights are indicative to show relative importance of groups and sub-groups. However, all India indices have been compiled as weighted average of State indices.

Annexure II

All India annual inflation rates (%) for August 2016 (Provisional)

(Base: 2012=100)

Group Code Sub-group Code Description Rural Urban Combined  
Aug. 15 Index
(Final)		 Aug. 16

Index
(Prov.)

 Inflation Rate
(%)		 Aug. 15 Index
(Final)		 Aug. 16

Index
(Prov.)

 Inflation Rate
(%)		 Aug. 15 Index
(Final)		 Aug. 16

Index
(Prov.)

 Inflation Rate
(%)		  
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12)  
1.1.01 Cereals and products 124.7 130.1 4.33 123.1 127.6 3.66 124.2 129.3 4.11  
1.1.02 Meat and fish 131.3 138.7 5.64 131.7 140.3 6.53 131.4 139.3 6.01  
1.1.03 Egg 121.3 130.3 7.42 118.1 133.7 13.21 120.1 131.6 9.58  
1.1.04 Milk and products 128.8 135.2 4.97 128.0 132.2 3.28 128.5 134.1 4.36  
1.1.05 Oils and fats 114.0 119.9 5.18 106.8 111.8 4.68 111.4 116.9 4.94  
1.1.06 Fruits 134.2 140.3 4.55 130.1 135.8 4.38 132.3 138.2 4.46  
1.1.07 Vegetables 153.6 157.1 2.28 165.5 163.4 -1.27 157.6 159.2 1.02  
1.1.08 Pulses and products 137.9 172.3 24.95 156.0 182.3 16.86 144.0 175.7 22.01  
1.1.09 Sugar and Confectionery 93.1 112.1 20.41 85.3 114.6 34.35 90.5 112.9 24.75  
1.1.10 Spices 123.9 134.8 8.80 132.7 144.6 8.97 126.8 138.1 8.91  
1.2.11 Non-alcoholic beverages 121.5 128.1 5.43 118.8 121.9 2.61 120.4 125.5 4.24  
1.1.12 Prepared meals, snacks, sweets etc. 132.5 140.6 6.11 131.7 138.1 4.86 132.1 139.4 5.53  
1 Food and beverages 129.8 138.0 6.32 131.1 137.6 4.96 130.3 137.9 5.83  
2 Pan, tobacco and intoxicants 130.1 139.0 6.84 134.2 143.6 7.00 131.2 140.2 6.86  
3.1.01 Clothing 129.5 137.8 6.41 123.7 128.3 3.72 127.2 134.1 5.42  
3.1.02 Footwear 126.3 133.0 5.30 118.2 121.4 2.71 122.9 128.2 4.31  
3 Clothing and footwear 129.0 137.1 6.28 122.9 127.3 3.58 126.6 133.2 5.21  
4 Housing – – – 120.9 127.3 5.29 120.9 127.3 5.29  
5 Fuel and light 123.8 129.1 4.28 115.3 114.7 -0.52 120.6 123.6 2.49  
6.1.01 Household goods and services 123.7 130.7 5.66 120.0 123.9 3.25 122.0 127.5 4.51  
6.1.02 Health 121.1 127.1 4.95 116.6 121.2 3.95 119.4 124.9 4.61  
6.1.03 Transport and communication 113.6 115.9 2.02 109.9 110.4 0.45 111.7 113.0 1.16  
6.1.04 Recreation and amusement 118.5 125.6 5.99 117.2 120.6 2.90 117.8 122.8 4.24  
6.1.05 Education 123.6 132.0 6.80 126.2 131.4 4.12 125.1 131.6 5.20  
6.1.06 Personal care and effects 112.5 122.1 8.53 112.0 120.9 7.95 112.3 121.6 8.28  
6 Miscellaneous 118.2 124.2 5.08 116.2 119.9 3.18 117.2 122.1 4.18  
General Index (All Groups) 126.1 133.5 5.87 123.2 128.4 4.22 124.8 131.1 5.05  
Consumer Food Price Index 129.8 138.0 6.32 131.4 138.1 5.10 130.3 138.0 5.91                

 

Notes:

  1. Prov.   : Provisional.
  2. –           : CPI (Rural) for housing is not compiled.

 

 

 

Annexure III

State/UT wise General Consumer Price Indices

(Base: 2012=100)

State/UT Code Name of the State/UT Rural Urban Combined
Weights Jul. 16 Index
(Final)		 Aug. 16 Index
(Prov.)		 Weights Jul. 16 Index
(Final)		 Aug. 16 Index
(Prov.)		 Weights Jul. 16 Index
(Final)		 Aug. 16 Index
(Prov.)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11)
01 Jammu & Kashmir 1.14 131.1 133.0 0.72 124.8 124.8 0.94 128.9 130.1
02 Himachal Pradesh 1.03 131.1 131.8 0.26 123.0 123.1 0.67 129.6 130.2
03 Punjab 3.31 128.0 129.4 3.09 126.7 126.7 3.21 127.4 128.2
04 Chandigarh 0.02 139.3 141.3 0.34 124.6 124.4 0.17 125.4 125.4
05 Uttarakhand 1.06 126.8 128.0 0.73 122.0 121.4 0.91 125.0 125.5
06 Haryana 3.30 129.1 130.0 3.35 124.4 124.2 3.32 126.9 127.3
07 Delhi 0.28 128.2 128.7 5.64 130.5 130.3 2.77 130.4 130.2
08 Rajasthan 6.63 135.2 135.9 4.23 131.5 130.7 5.51 133.9 134.0
09 Uttar Pradesh 14.83 131.0 132.5 9.54 130.4 129.5 12.37 130.8 131.4
10 Bihar 8.21 134.1 135.4 1.62 126.6 126.8 5.14 133.0 134.1
11 Sikkim 0.06 139.9 141.2 0.03 131.9 133.5 0.05 137.3 138.7
12 Arunachal Pradesh 0.14 138.9 139.2 0.06 — — 0.10 — —
13 Nagaland 0.14 138.8 138.8 0.12 127.5 128.2 0.13 134.0 134.3
14 Manipur 0.23 121.8 124.6 0.12 124.0 124.9 0.18 122.5 124.7
15 Mizoram 0.07 135.3 133.9 0.13 124.1 123.7 0.10 128.5 127.7
16 Tripura 0.35 137.3 137.4 0.14 132.8 134.0 0.25 136.1 136.5
17 Meghalaya 0.28 134.2 136.6 0.15 124.3 124.9 0.22 131.1 133.0
18 Assam 2.63 127.5 128.6 0.79 125.8 126.9 1.77 127.1 128.2
19 West Bengal 6.99 131.8 133.0 7.20 127.9 128.3 7.09 130.0 130.8
20 Jharkhand 1.96 135.0 135.7 1.39 126.9 126.9 1.69 131.9 132.3
21 Odisha 2.93 140.3 139.4 1.31 128.4 127.6 2.18 137.0 136.1
22 Chhattisgarh 1.68 140.3 139.8 1.22 129.1 128.9 1.46 136.0 135.6
23 Madhya Pradesh 4.93 130.6 130.7 3.97 129.6 128.2 4.48 130.2 129.7
24 Gujarat 4.54 136.8 137.0 6.82 128.9 127.0 5.60 132.3 131.3
25 Daman & Diu 0.02 143.8 142.3 0.02 132.6 130.5 0.02 139.1 137.4
26 Dadra & Nagar Haveli 0.02 135.2 139.5 0.04 128.0 125.9 0.03 130.4 130.4
27 Maharashtra 8.25 134.4 134.2 18.86 125.2 124.5 13.18 128.3 127.7
28 Andhra Pradesh 5.40 137.0 136.8 3.64 132.7 132.1 4.58 135.4 135.1
29 Karnataka 5.09 136.3 135.9 6.81 135.1 134.7 5.89 135.7 135.3
30 Goa 0.14 140.8 141.2 0.25 126.9 125.8 0.19 132.3 131.8
31 Lakshadweep 0.01 129.2 130.1 0.01 123.6 126.7 0.01 126.3 128.4
32 Kerala 5.50 131.2 130.5 3.46 131.4 131.0 4.55 131.3 130.7
33 Tamil Nadu 5.55 131.2 130.7 9.20 131.0 130.1 7.25 131.1 130.3
34 Puducherry 0.08 141.6 141.0 0.27 131.0 129.8 0.17 133.7 132.7
35 Andaman & Nicobar Islands 0.05 135.7 135.5 0.07 124.3 124.4 0.06 129.9 129.9
36 Telangana 3.16 132.4 131.4 4.41 131.0 129.8 3.74 131.6 130.5
99 All India 100.00 133.0 133.5 100.00 129.0 128.4 100.00 131.1 131.1

Notes:

  1. Prov.   :  Provisional.
  2.         —            :  indicates the receipt of price schedules is less than 80% of allocated schedules and therefore indices are not compiled.

 

 

 

 

Annexure IV

 

Major State/UT wise annual inflation rates (%) for August 2016 (Provisional)

(Base: 2012=100)

State/UT Code Name of the State/UT Rural Urban Combined
Aug. 15 Index
(Final)		 Aug. 16

Index
(Prov.)

 Inflation Rate
(%)		 Aug. 15 Index
(Final)		 Aug. 16

Index
(Prov.)

 Inflation Rate
(%)		 Aug. 15 Index
(Final)		 Aug. 16

Index
(Prov.)

 Inflation Rate
(%)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11)
01 Jammu & Kashmir 125.0 133.0 6.40 121.8 124.8 2.46 123.9 130.1 5.00
02 Himachal Pradesh 127.0 131.8 3.78 118.5 123.1 3.88 125.5 130.2 3.75#
03 Punjab 122.0 129.4 6.07 122.4 126.7 3.51 122.2 128.2 4.91
05 Uttarakhand 122.6 128.0 4.40 117.7 121.4 3.14 120.8 125.5 3.89
06 Haryana 122.4 130.0 6.21 120.7 124.2 2.90 121.6 127.3 4.69
07 Delhi 123.3 128.7 4.38 124.4 130.3 4.74 124.3 130.2 4.75*
08 Rajasthan 126.9 135.9 7.09 123.3 130.7 6.00 125.6 134.0 6.69
09 Uttar Pradesh 124.5 132.5 6.43 123.7 129.5 4.69 124.2 131.4 5.80
10 Bihar 129.7 135.4 4.39 123.6 126.8 2.59 128.8 134.1 4.11
18 Assam 124.4 128.6 3.38 122.7 126.9 3.42 124.0 128.2 3.39
19 West Bengal 125.5 133.0 5.98 123.5 128.3 3.89 124.6 130.8 4.98
20 Jharkhand 128.0 135.7 6.02 123.2 126.9 3.00 126.2 132.3 4.83
21 Odisha 130.2 139.4 7.07 123.3 127.6 3.49 128.3 136.1 6.08
22 Chhattisgarh 132.9 139.8 5.19 121.8 128.9 5.83 128.6 135.6 5.44
23 Madhya Pradesh 124.4 130.7 5.06 123.7 128.2 3.64 124.1 129.7 4.51
24 Gujarat 125.7 137.0 8.99 121.3 127.0 4.70 123.2 131.3 6.57
27 Maharashtra 125.6 134.2 6.85 120.1 124.5 3.66 121.9 127.7 4.76
28 Andhra Pradesh 128.2 136.8 6.71 125.1 132.1 5.60 127.1 135.1 6.29
29 Karnataka 129.5 135.9 4.94 128.4 134.7 4.91 128.9 135.3 4.97*
32 Kerala 125.7 130.5 3.82 126.0 131.0 3.97 125.8 130.7 3.90
33 Tamil Nadu 124.5 130.7 4.98 125.0 130.1 4.08 124.8 130.3 4.41
36 Telangana 124.3 131.4 5.71 123.7 129.8 4.93 124.0 130.5 5.24
99 All India 126.1 133.5 5.87 123.2 128.4 4.22 124.8 131.1 5.05

Notes:

  1. Prov.         :  Provisional.
  2. #                : Less than those of Rural as well as Urban due to rounding.
  3. *                : More than those of Rural as well as Urban due to rounding.

 

 

 

RDS

The All-India CPI-IW for July, 2016 increased by 3 points and pegged at 280

01 Thursday Sep 2016

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The All-India CPI-IW for July, 2016 increased by 3 points and pegged at 280 (two hundred and eighty). On 1-month percentage change, it increased by (+) 1.08 per cent between June, 2016 and July, 2016 when compared with the increase of (+) 0.77 per cent between the same two months a year ago.

The maximum upward pressure to the change in current index came from Food group contributing (+) 1.65 percentage points to the total change. The House Rent index furtehr accentuated the overall index (+) 0.86 percentage points. At item level, Rice, Wheat, Wheet atta, Besan, Black Gram, Gram Dal, Groundnut Oil, Eggs (Hen), Poultry (Chicken), Milk, Chillies Green, Garlic, Onion, Brinjal, Cabbage, Cauliflower, Gourd, Palak, Potato, Pumpkin, Banana, Sugar etc. are responsible for the increase in index. Howerer, this increase was checked by Fish Fresh, French Beans, Tomato, Electriccity Charges, Petrol, etc. putting downward pressure on the index.

 The year-on-year inflation measured by monthly CPI-IW stood at 6.46 per cent for July, 2016 as compared to 6.13 per cent for the previous month and 4.37 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 9.34 per cent against 8.33 per cent of the previous month and 3.21 per cent during the corresponding month of the previous year.

At centre level, Bokaro reported the maximum increase of 11 points followed by munger-Jamalpur(10) points, Girdhi, Agar and Delhi (9)points each. Among others, 7 points increase was observed in 4 centres, 6 poiints in 10 centres, 5 points in 5 centres, 4 points in 9 centres, 3 pints in 8 centres, 2 pints in 8 centres, 5 pionts in 5 centres, 4 points in 9 centres, 3 points in 8 centres, 2 points in 8 centres and 1 point in 5 centres. On the contray, Mysore recorded a maximum decrease of 6 points followed by Mundakkayam and Coimbatore (5 points each), and Hubli Dharwar and Ernakulam (4 points each). Among others, 3 points decrease was observed in 4 centres, 2 points in 2 centres adn 1 point in 5 centres. Rest of the 8 centres’ indices remained stationary.

The indices of 33 centres are above All-India Index and other 43 centres indices are below national average. The indices of Vishakhapatnam and Mundakkayam centres remained at par with All-India Index.

The next issue of CPI-IW for the month of August, 2016 will be released on Friday, 30th September, 2016. The same will also be available on the office website http://www.labourbureaunew.gov.in.

simplification and liberalisation of the Foreign Direct Investment Policy, 2016

31 Wednesday Aug 2016

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Cabinet approves simplification and liberalisation of the Foreign Direct Investment Policy, 2016 in various sectors
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post-facto approval for the FDI policy amendments announced by the Government on 20th June, 2016. The FDI policy amendments are meant to liberalise and simplify the FDI policy so as to provide ease of doing business in the country leading to larger FDI inflows contributing to growth of investment, incomes and employment.  The details are as follows:

  1. Radical Changes for promoting Food Products manufactured/produced in India

It has now been provided that 100% FDI under government route for trading, including through e-commerce, is permitted in respect of food products manufactured and/or produced in India.

 Foreign Investment in Defence Sector up to 100%

Earlier FDI regime permitted 49% FDI participation in the equity of a company under automatic route. FDI above 49% was permitted through Government approval on case to case basis, wherever it is likely to result in access to modern and ‘state-of-art’ technology in the country. In this regard, the following changes have inter-alia been brought in the FDI policy on this sector:

  1. Foreign investment beyond 49% has now been permitted through government approval route wherever it is likely to result in access to modern technology or for other reasons to be recorded.
  2. FDI limit for defence sector has also been made applicable to Manufacturing of Small Arms and Ammunitions covered under Arms Act 1959.
  1. Review of Entry Routes in Broadcasting Carriage Services

FDI policy on Broadcasting carriage services has also been amended. New sectoral caps and entry routes are as under:

 

Sector/Activity New Cap and Route
5.2.7.1.1

(1)Teleports(setting up of up-linking HUBs/Teleports);

(2)Direct to Home (DTH);

(3)Cable Networks (Multi System operators (MSOs) operating at National or State or District level and undertaking upgradation of networks towards digitalization and addressability);

(4)Mobile TV;

(5)Headend-in-the Sky Broadcasting Service(HITS)

 100%

 

Automatic
5.2.7.1.2 Cable Networks (Other MSOs not undertaking upgradation of networks towards digitalization and addressability and Local Cable Operators (LCOs))
Infusion of fresh foreign investment, beyond 49% in a company not seeking license/permission from sectoral Ministry, resulting in change in the ownership pattern or transfer of stake by existing investor to new foreign investor, will require FIPB approval 

 4.Pharmaceutical

The earlier FDI policy on pharmaceutical sector provides for 100% FDI under automatic route in greenfield pharma and FDI up to 100% under government approval in brownfield pharma. With the objective of promoting the development of this sector, 74% FDI under automatic route has been permitted in brownfield pharmaceuticals. FDI beyond 74% would be permitted through Government approval route.

  1. Civil Aviation Sector

(i)     The earlier FDI policy on Airports permitted 100% FDI under automatic route in Greenfield Projects and 74% FDI in Brownfield Projects under automatic route. FDI beyond 74% for Brownfield Projects is under government route.

(ii)   With a view to aid in modernization of the existing airports to establish a high standard and help ease the pressure on the existing airports, 100% FDI under automatic route has now been permitted in Brownfield Airport projects.

(iii) As per the earlier FDI policy, foreign investment up to 49% was allowed under automatic route in Scheduled Air Transport Service/ Domestic Scheduled Passenger Airline and regional Air Transport Service. This limit has now been raised to 100%, with FDI upto 49% permitted under automatic route and FDI beyond 49% through Government approval. For NRIs, 100% FDI will continue to be allowed under automatic route. Foreign airlines would continue to be allowed to invest in capital of Indian companies operating scheduled and  non-scheduled air-transport services up to the limit of 49% of their paid up capital.

 6.Private Security Agencies

The earlier policy permitted 49% FDI under government approval route in Private Security Agencies. Since Private Security Agencies are already required to get license under PSAR Act 2005, the requirement of putting them through another line of Government approvals through FIPB has now been done away with for FDI up to 49%.  Accordingly, FDI up to 49% is now permitted under automatic route in this sector. FDI beyond 49% and upto 74% is permitted through Government approval route.

  1. Establishment of branch office, liaison office or project office

For establishment of branch office, liaison office or project office or any other place of business in India if the principal business of the applicant is Defence, Telecom, Private Security or Information and Broadcasting, it has provided that approval of Reserve Bank of India would not be required in cases where FIPB approval or license/permission by the concerned Ministry/Regulator has already been granted.

  1. Animal Husbandry

As per FDI Policy 2016, FDI in Animal Husbandry (including breeding of dogs), Pisciculture, Aquaculture and Apiculture is allowed 100% under Automatic Route under controlled conditions. The requirement of ‘controlled conditions’ for FDI in these activities has now been done away with.

  1. Single Brand Retail Trading

Local sourcing norms have been relaxed up to three years, with prior Government approval, for entities undertaking Single Brand Retail Trading of products having ‘state­ of ­art’ and ‘cutting edge’ technology. For such entities, sourcing norms will not be applicable up to three years from commencement of the business i.e. opening of the first store for entities undertaking single brand retail trading of products having ‘state-of-art’ and ‘cutting-edge’ technology and where local sourcing is not possible. Thereafter, sourcing norms would be applicable.

 Background:

In last two years, Government has brought major FDI policy reforms in a number of sectors viz. Defence, Construction Development, Insurance, Pension Sector, Broadcasting Sector, Tea, Coffee, Rubber, Cardamom, Palm Oil Tree and Olive Oil Tree Plantations, Single Brand Retail Trading, Manufacturing Sector, Limited Liability Partnerships, Civil Aviation, Credit Information Companies, Satellites- establishment/operation and Asset Reconstruction Companies. Measures undertaken by the Government have resulted in increased FDI inflows at US$ 55.46 billion in financial year 2015-16, as against US$ 36.04 billion during the financial year 2013-14. This is the highest ever FDI inflow for a particular financial year. However, it was felt that the country has potential to attract far more foreign investment which can be achieved by further liberalizing and simplifying the FDI regime.

Accordingly, Union Government radically liberalized the FDI regime on 20th June, 2016 with the objective of providing major impetus to employment and job creation in India. This was the second major reform after the last radical changes announced in November, 2015. Changes introduced in the policy included increase in sectoral caps, bringing more activities under automatic route and easing of conditionalities for foreign investment. The amendments were aimed at further simplifying the regulations governing FDI in the country and make India an attractive destination for foreign investors. Most of the sectors with these changes have now been brought under automatic route for FDI, except a small negative list. The amendments have made India the most open economy in the world for FDI.

Global Crude oil price of Indian Basket was US$ 47.75 per bbl

19 Friday Aug 2016

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Global Crude oil price of Indian Basket was US$ 47.75 per bbl on 18.08.2016

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 47.75 per barrel (bbl) on 18.08.2016. This was higher than the price of US$ 46.74 per bbl on previous publishing day of 17.08.2016.

In rupee terms, the price of Indian Basket increased to Rs. 3189.36 per bbl on 18.08.2016 as compared to Rs. 3126.79 per bbl on 17.08.2016. Rupee closed stronger at Rs. 66.79 per US$ on 18.08.2016 as against Rs. 66.90 per US$ on 17.08.2016. The table below gives details in this regard:

 

Particulars      Unit Price on August 18, 2016 (Previous trading day i.e. 17.08.2016) Pricing Fortnight for 16.08.2016

(July 28, 2016 to Aug 10, 2016)
Crude Oil (Indian Basket) ($/bbl)                   47.75              (46.74)    40.73
(Rs/bbl                  3189.36       (3126.79) 2723.62
Exchange Rate   (Rs/$)                   66.79              (66.90)    66.87

Global Crude oil price of Indian Basket was US$ 46.51 per bbl

17 Wednesday Aug 2016

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Global Crude oil price of Indian Basket was US$ 46.51 per bbl on 16.08.2016

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 46.51 per barrel (bbl) on 16.08.2016. This was higher than the price of US$ 45.38 per bbl on previous publishing day of 15.08.2016.

In rupee terms, the price of Indian Basket increased to Rs. 3111.15 per bbl on 16.08.2016 as compared to Rs. 3032.70 per bbl on 15.08.2016. Rupee closed weaker at Rs. 66.90 per US$ on 16.08.2016 as against Rs. 66.83 per US$ on 15.08.2016. The table below gives details in this regard:

 

Particulars      Unit Price on August 16, 2016 (Previous trading day i.e. 15.08.2016) Pricing Fortnight for 16.08.2016

(July 28, 2016 to Aug 10, 2016)
Crude Oil (Indian Basket) ($/bbl)                   46.51              (45.83)    40.73
(Rs/bbl                  3111.15       (3032.70) 2723.62
Exchange Rate   (Rs/$)                   66.90              (66.83)    66.87

 

month of July 2016 Index Numbers of Wholesale Price in India

17 Wednesday Aug 2016

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Index Numbers of Wholesale Price in India (Base: 2004-05=100)

Review for the month of July, 2016

 The official Wholesale Price Index for ‘All Commodities’ (Base: 2004-05=100) for the month of July, 2016 rose by 1.0 percent to 183.9 (provisional) from 182.0 (provisional) for the previous month.

INFLATION

The annual rate of inflation, based on monthly WPI, stood at 3.55% (provisional) for the month of July, 2016 (over July, 2015) as compared to 1.62% (provisional) for the previous month and -4.00% during the corresponding month of the previous year.  Build up inflation rate in the financial year so far was 4.91% compared to a build up rate of 0.85% in the corresponding period of the previous year.

Inflation for important commodities / commodity groups is indicated in Annex-1 and Annex-II.

The movement of the index for the various commodity groups is summarized below:-

PRIMARY ARTICLES (Weight 20.12%)

The index for this major group rose by 2.5 percent to 269.5 (provisional) from 262.8 (provisional) for the previous month. The groups and items which showed variations during the month are as follows:-

The index for ‘Food Articles’ group rose by 2.4 percent to 285.8 (provisional) from 279.0 (provisional) for the previous month due to higher price of gram (20%), fruits & vegetables (7%), egg (5%), maize (3%), barley (2%) and coffee,      beef & buffalo meat, jowar, wheat, urad, rice, masur and pork (1% each).  However, the price of poultry chicken (5%),      ragi (4%), moong, mutton, bajra and tea (2% each) and fish-inland and fish-marine (1% each) declined.

The index for ‘Non-Food Articles’ group rose by 2.3 percent to 236.6 (provisional) from 231.2 (provisional) for the previous month due to higher price of raw cotton (13%), guar seed (10%), castor seed and raw rubber (7% each),      linseed and cotton seed (5% each), raw wool and rape & mustard seed (3% each) and niger seed, safflower (kardi seed) and groundnut seed (1% each).  However, the price of gingelly seed (7%), flowers (5%), soyabean (4%), raw jute (2%) and mesta (1%) declined.

The index for ‘Minerals’ group rose by 5.0 percent to 208.9 (provisional) from 199.0 (provisional) for the previous month due to higher price of manganese ore (12%), crude petroleum (9%),  iron ore and copper ore (2% each).  However, the price of sillimanite (12%), zinc concentrate (4%), chromite (2%) and phosphorite (1%) declined.

FUEL & POWER (Weight 14.91%)

The index for this major group rose by 0.8 percent to 187.9 (provisional) from 186.5 (provisional) for the previous month due to higher price of non-coking coal (15%), aviation turbine fuel (7%) and furnace oil (5%).  However, the price of      petrol (3%) and bitumen (1%) declined.

MANUFACTURED PRODUCTS (Weight 64.97%)

The index for this major group rose by 0.3 percent to 156.4 (provisional) from 156.0 (provisional) for the previous month. The groups and items for which the index showed variations during the month are as follows:-

The index for ‘Food Products’ group rose by 1.2 percent to 189.2 (provisional) from 186.9 (provisional) for the previous month due to higher price of tea leaf (unblended) (8%), tea dust (unblended) (5%), wheat flour (atta) (4%), gur and sooji (rawa) (3% each), maida, groundnut oil, khandsari, sugar and tea dust (blended) (2% each) and ghee, mustard & rapeseed oil and oil cakes (1% each).  However, the price of coffee powder (5%) and copra oil, gola (cattle feed), vanaspati and sunflower oil (1% each) declined.

The index for ‘Textiles’ group rose by 0.4 percent to 141.5 (provisional) from 140.9 (provisional) for the previous month due to higher price of jute sacking cloth and cotton yarn (2% each) and man made fabric (1%).  However, the price of      gunny and hessian cloth (2%) declined.

The index for ‘Wood & Wood Products’ group declined by 0.3 percent to 196.1 (provisional) from 196.6 (provisional) for the previous month due to lower price of timber/wooden planks (2%) and processed wood (1%).  However, the price of  plywood & fibre board (1%) moved up.

The index for ‘Paper & Paper Products’ group rose by 0.5 percent to 156.7 (provisional) from 155.9 (provisional) for the previous month due to higher price of corrugated sheet boxes (3%), books/ periodicals/ journals (2%) and newsprint (1%).

However, the price of computer stationery (1%) declined.

The index for ‘Leather & Leather Products’ group rose by 0.5 percent to 146.3 (provisional) from 145.5 (provisional) for the previous month due to higher price of leathers (1%).

The index for ‘Rubber & Plastic Products’ group rose by 0.3 percent to 146.5 (provisional) from 146.1 (provisional) for the previous month due to higher price of tubes (5%) and rubber products (2%).

The index for ‘Chemicals & Chemical Products’ group rose by 0.1 percent to 151.1 (provisional) from 150.9 (provisional) for the previous month due to higher price of tooth paste / tooth powder (8%) and hair/body oils, photographic goods,  pesticides and basic inorganic chemicals (1% each).  However, the price of di ammonium phosphate and lacquer & varnishes (1% each) declined.

The index for ‘Non-Metallic Mineral Products’ group rose by  0.5 percent to 178.6 (provisional) from 177.7 (provisional) for the previous month due to higher price of marbles (4%) and glass bottles & bottleware, grey cement and lime (1% each).  However, the price of railway sleeper and asbestos corrugated sheet (2% each) declined.

The index for ‘Basic Metals, Alloys & Metal Products’ group declined by 0.6 percent to 153.0 (provisional) from 153.9 (provisional) for the previous month due to lower price of pig iron and melting scrap (5% each), billets (4%), wire rods   (3%), rounds, angles, CRC, sponge iron, ferro manganese, pencil  ingots, rebars, joist & beams, HRC and plates (2% each) and gp/gc sheets, pipes/tubes/rods/strips and sheets (1% each).  However, the price of silver (6%), steel rods (5%),     lead and steel structures (4% each), gold & gold ornaments (2%) and steel castings, pressure cooker, metal containers and zinc (1% each) moved up.

The index for ‘Transport, Equipment & Parts’ group rose by 0.1 percent to 139.6 (provisional) from 139.4 (provisional) for the previous month due to higher price of lamp (1%).

FINAL INDEX FOR THE MONTH OF MAY, 2016 (BASE YEAR: 2004-05=100)

For the month of May, 2016, the final Wholesale Price Index for ‘All Commodities’ (Base: 2004-05=100) stood at 180.2 as compared to 179.4 (provisional) and annual rate of inflation based on final index stood at 1.24 percent as compared to 0.79 percent (provisional) respectively as reported on 14.06.2016.

Next date of press release: 14/09/2016 for the month of August, 2016

Office of Economic Adviser, Ministry of Commerce & Industry, New Delhi,

This press release is available at our home page http://eaindustry.nic.in

Annexure-I

Wholesale Price Index and Rates of Inflation (Base Year: 2004-05=100)

 

Month of July, 2016
Commodities/Major Groups/Groups/Sub-Groups Weight WPI July- 2016 Latest month over month Build up from March Year on year
2015-16 2016-17 2015-16 2016-17 2015-16 2016-17
ALL COMMODITIES 100.00000 183.9 -0.84 1.04 0.85 4.91 -4.00 3.55
PRIMARY ARTICLES 20.11815 269.5 -1.08 2.55 3.10 9.51 -3.98 9.38
Food Articles 14.33709 285.8 -0.89 2.44 2.53 10.13 -1.20 11.82
Cereals 3.37323 248.0 0.30 0.98 0.26 2.78 -1.66 7.03
Rice 1.79348 247.4 0.21 0.90 1.76 3.64 -2.86 4.08
Wheat 1.11595 227.6 1.00 1.07 -1.21 -0.26 1.96 6.90
Pulses 0.71662 432.8 0.85 8.15 23.66 24.91 36.18 35.76
Vegetables 1.73553 323.2 -0.75 8.71 16.42 52.17 -24.43 28.05
Potato 0.20150 279.3 16.34 12.30 16.34 73.37 -48.87 58.78
Onion 0.17794 259.0 13.64 1.41 22.26 -5.34 -0.49 -36.29
Fruits 2.10717 275.3 -4.67 5.52 -3.73 15.92 -4.52 17.30
Milk 3.23818 258.4 0.16 0.16 1.21 1.77 5.30 3.24
Egg, Meat & Fish 2.41384 301.4 -2.06 -1.31 -3.34 0.20 2.52 7.49
Non-Food Articles 4.25756 236.6 -1.19 2.34 6.66 7.64 -0.51 9.49
Fibres 0.87737 261.0 -0.81 9.30 7.19 24.94 -10.88 25.90
Oil Seeds 1.78051 224.8 -2.33 0.31 4.45 6.24 -0.23 5.29
Minerals 1.52350 208.9 -2.95 4.97 0.16 8.29 -29.83 -14.28
FUEL & POWER 14.91021 187.9 -1.91 0.75 0.96 8.99 -11.56 -1.00
Liquefied petroleum gas 0.91468 160.7 0.06 -0.31 0.12 0.37 -4.90 -1.35
Petrol 1.09015 160.3 -1.76 -3.43 8.24 7.73 -11.14 -10.30
High speed diesel 4.67020 214.0 -5.28 -0.19 -1.18 16.75 -15.91 6.57
MANUFACTURED PRODUCTS 64.97164 156.4 -0.39 0.26 -0.19 1.49 -1.54 1.82
Food Products 9.97396 189.2 -0.46 1.23 0.94 5.35 -1.94 10.19
Sugar 1.73731 212.0 -2.79 2.02 -8.19 11.40 -17.63 32.33
Edible Oils 3.04293 154.5 -0.60 0.13 2.42 3.21 1.37 4.18
Beverages, Tobacco & Tobacco Product 1.76247 220.7 0.10 0.00 1.48 4.20 3.15 7.03
Cotton Textiles 2.60526 159.9 -0.88 0.88 -0.13 2.63 -5.29 1.52
Man Made Textiles 2.20573 128.7 -0.37 0.23 0.60 -0.31 -2.63 -3.52
Wood & Wood Products 0.58744 196.1 0.20 -0.25 3.90 -0.46 6.14 -0.51
Paper & Paper Products 2.03350 156.7 0.33 0.51 0.59 0.58 2.67 1.89
Leather & Leather Products 0.83509 146.3 0.48 0.55 1.97 0.34 -1.89 0.83
Rubber & Plastic Products 2.98697 146.5 -0.27 0.27 0.61 0.83 -0.93 -1.81
Chemicals & Chemical Products 12.01770 151.1 -0.07 0.13 0.33 1.00 -1.69 -0.20
Non-Metallic Mineral Products 2.55597 178.6 -0.79 0.51 -1.85 0.11 3.48 1.82
Cement & Lime 1.38646 176.0 -1.90 0.69 -4.11 0.17 2.47 3.29
Basic Metals Alloys & Metal Product 10.74785 153.0 -1.32 -0.58 -3.27 -0.26 -6.28 -2.30
Iron & Semis 1.56301 131.7 -1.44 -2.80 -3.56 -3.37 -10.64 -8.29
Machinery & Machine Tools 8.93148 135.3 -0.07 0.00 0.07 0.15 0.30 0.15
Transport Equipment & Parts 5.21282 139.6 0.07 0.14 0.36 0.43 1.25 1.31

  

 

Annexure-II
 
Trend of Rate of Inflation for some important items during last six months
 
Commodities/Major Groups/Groups/Sub-Groups Weight (%) Rate of Inflation for the last six months
July-16 June-16 May-16 Apr-16 Mar-16 Feb-16
ALL COMMODITIES 100.00 3.55 1.62 1.24 0.79 -0.45 -0.85
PRIMARY ARTICLES 20.12 9.38 5.50 5.49 3.41 2.97 2.03
Food Articles 14.34 11.82 8.18 8.24 4.70 4.09 3.91
Cereals 3.37 7.03 6.32 5.90 4.24 4.41 3.30
Rice 1.79 4.08 3.37 3.16 1.75 2.18 -0.08
Wheat 1.12 6.90 6.83 6.85 5.00 5.89 6.03
Pulses 0.72 35.76 26.61 35.80 36.55 34.41 38.37
Vegetables 1.74 28.05 16.91 13.35 2.90 -2.03 -2.94
Potato 0.20 58.78 64.48 63.82 40.84 6.55 -7.39
Onion 0.18 -36.29 -28.60 -21.70 -17.89 -17.71 -10.20
Fruits 2.11 17.30 5.97 3.88 -1.81 -2.58 -1.66
Milk 3.24 3.24 3.24 2.36 2.83 2.67 1.74
Egg, Meat & Fish 2.41 7.49 6.67 9.72 3.27 3.69 3.40
Non-Food Articles 4.26 9.49 5.72 4.71 7.26 8.49 7.09
Fibres 0.88 25.90 14.26 5.55 5.17 8.01 10.17
Oil Seeds 1.78 5.29 2.52 3.33 6.07 3.52 3.46
Minerals 1.52 -14.28 -20.75 -18.09 -18.69 -20.72 -27.65
FUEL & POWER 14.91 -1.00 -3.62 -5.83 -4.83 -8.30 -7.06
Liquefied petroleum gas 0.91 -1.35 -0.98 -1.59 -1.84 -1.60 -0.37
Petrol 1.09 -10.30 -8.74 -10.69 -4.18 -9.87 -1.03
High speed diesel 4.67 6.57 1.13 -4.34 -3.94 -9.79 -7.75
MANUFACTURED PRODUCTS 64.97 1.82 1.17 1.17 1.04 0.13 -0.52
Food Products 9.97 10.19 8.35 7.72 8.72 5.58 4.34
Sugar 1.74 32.33 26.09 22.42 17.34 9.05 5.23
Edible Oils 3.04 4.18 3.42 4.01 5.41 3.38 2.40
Beverages, Tobacco & Tobacco Product 1.76 7.03 7.14 7.09 7.23 4.23 2.91
Cotton Textiles 2.61 1.52 -0.25 0.00 -0.44 -1.20 -1.27
Man Made Textiles 2.21 -3.52 -4.11 -4.03 -2.79 -2.64 -2.34
Wood & Wood Products 0.59 -0.51 -0.05 1.42 2.97 3.85 3.80
Paper & Paper Products 2.03 1.89 1.70 1.63 1.37 1.90 2.64
Leather & Leather Products 0.84 0.83 0.76 1.53 2.31 2.46 2.96
Rubber & Plastic Products 2.99 -1.81 -2.34 -2.08 -1.75 -2.02 -1.89
Chemicals & Chemical Products 12.02 -0.20 -0.40 -0.33 -0.66 -0.86 -0.73
Non-Metallic Mineral Products 2.56 1.82 0.51 0.74 0.17 -0.17 0.62
Cement & Lime 1.39 3.29 0.63 0.64 0.11 -1.13 -0.92
Basic Metals Alloys & Metal Product 10.75 -2.30 -3.02 -3.00 -4.46 -5.25 -7.89
Iron & Semis 1.56 -8.29 -7.00 -6.43 -8.53 -8.46 -12.82
Machinery & Machine Tools 8.93 0.15 0.07 0.30 0.52 0.07 -0.15
Transport Equipment & Parts 5.21 1.31 1.23 1.38 1.38 1.24 1.39

Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of June, 2016

12 Friday Aug 2016

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Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of June, 2016 (Base 2004-05=100)

The Quick Estimates of Index of Industrial Production (IIP) with base 2004-05 for the month of June 2016 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation. IIP is compiled using data received from 15 source agencies viz. (i) Department of Industrial Policy & Promotion (DIPP); (ii) Indian Bureau of Mines; (iii) Central Electricity Authority; (iv) Joint Plant Committee, Ministry of Steel; (v) Ministry of Petroleum & Natural Gas; (vi) Office of Textile Commissioner; (vii) Department of Chemicals & Petrochemicals; (viii) Directorate of Sugar & Vegetable Oils; (ix) Department of Fertilizers; (x) Tea Board; (xi) Office of Jute Commissioner; (xii) Office of Coal Controller; (xiii) Railway Board; (xiv) Office of Salt Commissioner; and (xv) Coffee Board.

  1. The General Index for the month of June 2016 stands at 183.0, which is 2.1 percent higher as compared to the level in the month of June 2015. The cumulative growth for the period April-June 2016 over the corresponding period of the previous year stands at 0.6 percent.
  2. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of June 2016 stand at 127.3, 191.3 and 198.9 respectively, with the corresponding growth rates of 4.7 percent, 0.9 percent and 8.3 percent as compared to June 2015 (Statement I). The cumulative growth in these three sectors during April-June 2016 over the corresponding period of 2015 has been 2.3 percent, (-) 0.7 percent and 9.0 percent respectively.
  3. In terms of industries, eighteen out of the twenty two industry groups ( as per 2-digit NIC-2004) in the manufacturing sector h ave shown positive growth during the month of June 2016 as compared to the corresponding month of the previous year (St atement II). The industry group ‘Radio, TV and communication equipment & apparatus’ has shown the highest positive growth of 15.8 percent followed by 8.8 percent in ‘Motor vehicles, trailers & semi-trailers’ and 8.7 percent in ‘Other transport equipment’. On the other hand, ‘Electrical machinery & apparatus n.e.c.’ has shown the highest negative growth of (-) 46.1 percent, followed by (-) 13.8 percent in ‘Luggage, handbags, saddlery, harness & footwear; tanning and dressing of leather products’ and (-) 9.0 percent in ‘Furniture; manufacturing n.e.c.’.
  4. As per Use-based classification, the growth rates in June 2016 over June 2015 are 5.9 percent in Basic goods, (-) 16.5 percent in Capital goods and 6.1 percent in Intermediate goods (Statement III).  The Consumer durables and Consumer non-durables have recorded growth of 5.6 percent and 1.0 percent respectively, with the overall growth in Consumer goods being 2.8 percent.
  5. Some important items that have registered high positive growth include ‘Lubricating oil’ (62.2%), ‘Woollen Carpets’ (38.9%), ‘Scooters and Mopeds’ (31.5%), ‘Ethylene’ (30.1%), ‘Steel structures’ (27.7%) and ‘Telephone instruments including mobile phone and accessories’ (25.3%).
  6. Some important items showing high negative growth during the current month over the same month in previous year include ‘Cable, Rubber Insulated’            [(-) 84.0%], ‘Sugar Machinery’ [(-) 73.2%], ‘Heat Exchangers’ [(-) 53.3%], ‘Particle Boards’ [(-) 35.5%] and ‘H R Sheets’ [(-) 26.2%].
  7. Taking into account the weights, the dominant item groups (five each) which have positively and negatively contributed to the overall growth of IIP are given below:
Item Group Weights (%) Contribution
High Positive Contributors
Electricity 10.32 0.8744
Mineral index 14.16 0.4500
Commercial Vehicles 1.93 0.4228
Telephone Instruments Including Mobile Phone And Accessories 0.22 0.3472
Cement All Kinds 2.41 0.3140
High Negative Contributors
Cable, Rubber Insulated 0.12 -2.7452
Gems And Jewellery 1.77 -0.2907
Sugar Machinery 0.11 -0.2062
Rice 0.66 -0.1217
Antibiotics & It’s Preparations 2.38 -0.1024

 

  1. Along with the Quick Estimates of IIP for the month of June 2016, the indices for May 2016 have undergone the first revision and those for March 2016 have undergone the final revision in the light of the updated data received from the source agencies. It may be noted that these revised indices (first revision) in respect of May 2016 may undergo final (second) revision along with the release of IIP for the month of August 2016.
  2. Statements giving Quick Estimates of the Index of Industrial Production at Sectoral, 2-digit level of National Industrial Classification (NIC-2004) and by Use-based classification for the month of June 2016, along with the growth rates over the corresponding month of the previous year including the cumulative indices are enclosed.

 

Note: –

  1. This Press release information is also available at the Website of the Ministry – http://www.mospi.nic.in
  2. Release of the index for July 2016 will be on Monday, 12 September 2016.

 

STATEMENT I: INDEX OF INDUSTRIAL PRODUCTION – SECTORAL
(Base : 2004-05=100)
Month Mining Manufacturing Electricity General
(141.57) (755.27) (103.16) (1000.00)
2015-16 2016-17 2015-16 2016-17 2015-16 2016-17 2015-16 2016-17
Apr 121.9 123.2 188.5 181.6 177.2 203.0 177.9 175.5
May 127.9 129.7 187.3 188.4 195.0 204.2 179.7 181.7
Jun* 121.6 127.3 189.5 191.3 183.7 198.9 179.3 183.0
Jul 117.7 190.9 190.3 180.5
Aug 120.2 184.8 194.4 176.6
Sep 119.3 186.9 195.7 178.2
Oct 130.8 188.1 201.6 181.4
Nov 130.8 171.7 175.6 166.3
Dec 137.3 193.1 183.2 184.2
Jan 138.8 194.8 188.3 186.2
Feb 136.1 193.9 181.9 184.5
Mar 149.5 208.1 197.2 198.7
Average
Apr-Jun 123.8 126.7 188.4 187.1 185.3 202.0 179.0 180.1
Growth over the corresponding period of previous year
Jun* -0.4 4.7 5.2 0.9 1.2 8.3 4.2 2.1
Apr-Jun 0.4 2.3 3.7 -0.7 2.3 9.0 3.3 0.6
* Indices for June 2016 are Quick Estimates.
NOTE : Indices for the months of Mar’16 and May’16 incorporate updated production data.

 

 

STATEMENT II:  INDEX OF INDUSTRIAL PRODUCTION – (2-DIGIT LEVEL)
(Base: 2004-05=100)
Industry Description Weight           Index           Cumulative Index   Percentage growth
code     Jun’15 Jun’16 Apr-Jun Jun’16 Apr-Jun
          2015-16 2016-17   2016-17
15 Food products and beverages 72.76 144.5 144.9 155.5 138.2 0.3 -11.1
16 Tobacco products 15.70 114.6 118.6 100.2 94.8 3.5 -5.4
17 Textiles 61.64 154.0 162.4 154.4 159.4 5.5 3.2
18 Wearing apparel; dressing and dyeing of fur 27.82 194.6 205.9 198.4 202.1 5.8 1.9
19 Luggage, handbags, saddlery, harness & footwear; tanning and dressing of leather products 5.82 152.9 131.8 153.6 136.7 -13.8 -11.0
20 Wood and products of wood & cork except furniture; articles of straw & plating materials 10.51 161.4 163.7 157.9 153.5 1.4 -2.8
21 Paper and paper products 9.99 145.4 151.0 144.4 152.6 3.9 5.7
22 Publishing, printing & reproduction of recorded media 10.78 155.1 155.4 165.2 157.9 0.2 -4.4
23 Coke, refined petroleum products & nuclear fuel 67.15 151.0 162.5 145.9 160.5 7.6 10.0
24 Chemicals and chemical products 100.59 145.2 151.8 142.7 146.3 4.5 2.5
25 Rubber and plastics products 20.25 192.5 200.1 195.1 198.3 3.9 1.6
26 Other non-metallic mineral products 43.14 170.0 179.4 170.0 175.3 5.5 3.1
27 Basic metals 113.35 232.3 242.3 231.0 237.3 4.3 2.7
28 Fabricated metal products, except machinery & equipment 30.85 177.5 192.2 166.2 174.4 8.3 4.9
29 Machinery and equipment n.e.c. 37.63 234.6 249.5 246.8 269.5 6.4 9.2
30 Office, accounting & computing machinery 3.05 76.0 75.4 56.5 62.2 -0.8 10.1
31 Electrical machinery & apparatus n.e.c. 19.80 544.9 293.7 521.6 271.0 -46.1 -48.0
32 Radio, TV and communication equipment & apparatus 9.89 339.9 393.5 313.0 354.7 15.8 13.3
33 Medical, precision & optical instruments, watches and clocks 5.67 99.4 100.3 91.6 98.4 0.9 7.4
34 Motor vehicles, trailers & semi-trailers 40.64 222.3 241.8 228.5 244.0 8.8 6.8
35 Other transport equipment 18.25 250.7 272.6 252.1 273.9 8.7 8.6
36 Furniture; manufacturing n.e.c. 29.97 168.7 153.6 153.5 155.0 -9.0 1.0
10 Mining & Quarrying 141.57 121.6 127.3 123.8 126.7 4.7 2.3
15-36 Manufacturing 755.27 189.5 191.3 188.4 187.1 0.9 -0.7
40 Electricity 103.16 183.7 198.9 185.3 202.0 8.3 9.0
General Index 1000 179.3 183.0 179.0 180.1 2.1 0.6
*Industry codes are as per National Industrial Classification 2004

 

STATEMENT III: INDEX OF INDUSTRIAL PRODUCTION – USE-BASED
(Base : 2004-05=100)
  Basic goods Capital goods Intermediate goods Consumer goods
              Total Durables Non-durables
Month (456.82) (88.25) (156.86) (298.08) (84.60) (213.47)
  2015-16 2016-17 2015-16 2016-17 2015-16 2016-17 2015-16 2016-17 2015-16 2016-17 2015-16 2016-17
Apr 167.3 175.1 248.0 185.9 153.2 156.7 186.5 183.0 258.7 289.1 157.9 140.9
May 177.4 184.1 234.9 205.9 157.4 163.5 178.7 180.5 252.4 267.5 149.5 146.0
Jun* 171.9 182.0 265.4 221.7 153.1 162.4 179.0 184.1 246.1 259.9 152.4 154.0
Jul 171.6 289.9 158.5 173.2 244.2 145.1
Aug 170.0 267.5 156.2 170.8 256.0 137.0
Sep 168.0 287.2 154.0 174.5 262.0 139.8
Oct 175.0 278.6 154.7 176.3 272.2 138.3
Nov 167.3 190.6 149.2 166.8 226.1 143.3
Dec 175.8 219.5 161.4 198.6 242.5 181.2
Jan 178.8 212.2 162.8 202.1 260.5 178.9
Feb 173.5 231.1 159.2 200.8 277.2 170.5
Mar 188.7 280.7 171.8 204.0 288.3 170.6
Average
Apr-Jun 172.2 180.4 249.4 204.5 154.6 160.9 181.4 182.5 252.4 272.2 153.3 147.0
Growth over the corresponding period of previous year
Jun* 5.1 5.9 -2.0 -16.5 1.3 6.1 7.2 2.8 16.1 5.6 2.3 1.0
Apr-Jun 4.7 4.8 2.0 -18.0 1.6 4.1 2.5 0.6 3.7 7.8 1.7 -4.1
* Indices for June 2016 are Quick Estimates.
NOTE : Indices for the months of Mar’16 and May’16 incorporate updated production data.