State specific IIP needed for comprehensive view of production: Economists

Centre has asked states to bring out monthly state IIP figures on 2011-12 base year

States bringing out their own Index of Industrial Production (IIP) is crucial for understanding a comprehensive view of industrial production in the country as well as uniformity in the statistical exercise, economists say.

Media reports on Monday suggested that the Center has asked state governments to release monthly IIP figures to verify the country’s total factory output. At present, just 14 States release their own IIP figures with some states compiling monthly data while others prepare quarterly numbers. Also, the data is not shared with the Center in some cases.

"State IIP figures should off course be compiled and made