Chaudhuri Panel to Fix IIP Numbers' Credibility

摘要

The declining credibility of the IIP numbers has forced policymakers into finding fixes for India's widely watched gauge of industrial activity. Criticised for being extremely volatile, the Saumitra Chaudhuri committee is looking at omitting items from the basket, which are not being produced or reported on a regular basis, and the ones which are not contributing much to HP.