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Index of Core Industries (ICI)

PYQs

9

Articles

2

Momentum

25

Phase IFoundation

Background

Overview

Understanding ICI is crucial for analyzing India's industrial performance, identifying bottlenecks, and evaluating the effectiveness of economic policies. It's a direct and frequently cited measure of economic health and infrastructure development.

The Index of Core Industries (ICI) is a monthly production index that measures the collective and individual performance of nine key infrastructure sectors of the Indian economy. It serves as a lead indicator of industrial activity and overall economic health, providing insights into the manufacturing and infrastructure sectors.

Phase IIStatic core

Facts & tables

Key facts

Measures

Production performance of nine key infrastructure sectors (previously eight).

Weight in IIP

Accounts for about 40.27% of the weight of items included in the Index of Industrial Production (IIP).

Publishing Body

Office of the Economic Adviser (OEA), Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry.

Recent Update

Base year updated to 2018-19 (from 2011-12), Iron Ore added as a new sector, and weights revised (e.g., Electricity >30%, Coal ~5.6%, Natural Gas ~3.8%).

Components

Comprises 8 sectors: Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement, and Electricity.

Publishing Authority

Published monthly by the Office of the Economic Adviser (OEA), Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry.

Purpose

Used to gauge the performance and growth momentum of the manufacturing and infrastructure sectors.

Related topics

Current topic

Index of Core Industries (ICI)

Often confused with

Index of Industrial Production (IIP)

Coming soon
Often confused with

Gross Domestic Product (GDP)

Coming soon
Often confused with

Industrial Growth

Coming soon
Often confused with

National Income Accounting and Measurement in India

Open notesOften confused with

Inflation and its Measurement in India

Open notesOften confused with

Industrial Production Measurement

Open notes

Practice writing on this topic

UPSC has asked 9 linked questions on Index of Core Industries (ICI) in Mains. Write an answer to one — and get it evaluated.

See Mains PYQsEvaluate an answer

UPSC Prelims PYQs on Index of Core Industries (ICI)

Practice official previous year questions asked by UPSC related to this concept.

In the Index of Eight Core Industries, which one of the following is given the highest weight?

2015·Economy
Solve

Consider the following statements: 1. The weightage of food in Consumer Price Index (CPI) is higher than that in Wholesale Price Index (WPI). 2. The WPI doe...

2020·Economy
Solve

Which of the following brings out the ‘Consumer Price Index Number for Industrial Workers’?

2015·Economy
Solve

Consider the following statements: 1. CoaI sector was nationalized by the Government of India under Indira Gandhi. 2. Now, coal blocks are allocated on a lot...

2019·Economy
Solve

Increase in absolute and per capita real GNP do not connote a higher level of economic development, if -

2018·Economy
Solve

Which of the following has/have occurred in India after its liberalization of economic policies in 1991? 1. The share of agriculture in GDP increased enormo...

2017·Economy
Solve

The term 'West Texas Intermediate', sometimes found in news, refers to a grade of

2020·Economy
Solve

With reference to Indian economy, demand pull-inflation can be caused/increased by which of the following? 1. Expansionary policies 2. Fiscal stimulus 3. Inf...

2021·Economy
Solve

A decrease in tax to GDP ratio of a country indicates which of the following? 1. Slowing economic growth rates 2. Less equitable distribution of national in...

2015·Economy
Solve

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