New IIP series to track rare earth, PNG, water supply

NEW DELHI: The new index of industrial production (IIP) series, having 2022-23 as base year, is set to track for first time the output of rare earths and minor minerals, piped natural gas (PNG), water supply, sewerage and waste management -- the Technical Advisory Committee (TAC) constituted to undertake base year revision under IIM Kozhikode professor Mridul K Saggar noted in its recommendations. The new index will make its debut on June 1.

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