INDEX OF INDUSTRIAL PRODUCTION (IIP)
- The Index of Industrial Production (HP) is released every month in the form of Quick Estimates with a time-lag of about 6 weeks as per the Special Data Dissemination Standard (SDDS) norms of IMF.
- The estimates are also simultaneously being released as peruse-based classification viz., basic goods, capital goods, intermediate goods, consumer durablesiand non-durables.
- The major source of data of IIP is, however, the Ministry of Commerce and Industry that supplies data for 268 item groups, with a weight of 45.6% in overall IIP.
- In recognition of the contributions made by Professor Prasanta Chandra Mahalanobis, the Government of India has designated 29th June every year (his birth anniversary) as the Statistics Day to be celebrated at the national level.
THE NATIONAL SAMPLE SURVEY OFFICE (NSSO)
- The National Sample Survey Office (NSSO), in the Ministry of Statistics & Programme Implementation, is responsible for conducting large scale sample surveys, in diverse fields, on an all India basis.
- Primary data is collected regularly through nationwide household surveys on various Socio-Economic subjects.
- Annual Survey of Industries (ASI) under the Collection of Statistics Act and Enterprise Surveys, as a follow up of the Economic Census.
- NSSO collects data on rural and urban prices, plays a significant role in the improvement of crop statistics through supervision of the area enumeration and crop estimation surveys of the State agencies.
- It also maintains a frame of urban area units for use in sample surveys in urban areas.
- NSSO functions with requisite autonomy in matters relating to data collection, processing and publication under overall guidance and supervision of National Statistical Commission (NSC) which appoints Working Groups/Technical Committees.
PRICE DATA COLLECTION
- The Field Operations Division (FOD) regularly collects rural price data on monthly basis for the compilation of Consumer Price Index for agricultural and rural labourers covering 603 villages in 340 districts across the country, on behalf of Labour Bureau, Ministry of Labour & Employment.
- Data on wage rates are also collected in respect of 12 Agricultural and 13 Non-Agricultural occupations, as part of the scheme.
- Data on daily wage rates of important agricultural operations are reported by the State Governments on monthly basis.
- The RPC bulletin called the ‘Prices and Wages in Rural India’ which is published for each quarter, provides price data only at national level and wage data at national and state level for twenty four major states.
- The CSO brings out the new series of Consumer Price Index number for Rural and Urban Sector. Regular price collection work for CPI (Urban) was started from 1st May 2008.
