Sugar output blunder led to January IIP mistake1 min read 12 Apr 2012, 12:38 PM IST
Sugar output blunder led to January IIP mistake
New Delhi: India’s chief statistician T.C.A. Anant said on Thursday that a blunder in sugar production estimates was responsible for the government being forced to slash the factory output growth number for January. The government said the index of industrial production or IIP actually grew 1.1% and not 6.8%, as reported previously.