Besides, the new IIP series will be chain-based, as the annual survey of industries (ASI) data is available to adjust the weights of different industries
Rajani Sinha, chief economist at CARE Ratings, said food inflation is likely to remain benign in the coming months but any weather-related disruptions could play spoilsport
The report noted that the cost of a non-vegetarian thali was up by 6 per cent year-on-year, driven by an estimated 15 per cent year-on-year rise in broiler prices
The RBI had projected the CPI inflation for the current financial year (FY25) at 4.8 per cent with the headline figure in March quarter remaining at 4.4 per cent
Modi also highlighted the government's initiatives in education, such as the new National Education Policy (NEP), expansion of Indian Institutes of Technology (IITs)
"The labour ministry budget for this fiscal year is at a historic high. Around Rs 20,000 crore belong to these three schemes. So, this should give you a clue," she said
The report further noted that both the IMF and the government saw a need for medium-term fiscal consolidation but considered targeting a more gradual pace of adjustment to be appropriate
Time spent by women on 'learning' remained unchanged at 84 minutes during five years, while the time spent by men declined to 94 minutes from 102 minutes
The EPFO data is considered crucial as it reflects the state of the formal labour market. Only the formal workforce enjoys social security benefits and is protected by labour laws