RBI launches industrial outlook survey for Jan-March 2012
The Reserve Bank of India today said it has launched its Industrial Outlook Survey for the January-March, 2012, period.business Updated: Feb 03, 2012 21:27 IST
The Reserve Bank of India on Friday said it has launched its Industrial Outlook Survey for the January-March, 2012, period.
The survey gives an insight into the perception of non-financial public and private limited companies engaged in manufacturing activities about their performance and future prospects, a press release issued in Mumbai stated.
The assessment of the business sentiment in the present quarter and expectations for the ensuing quarter are based on qualitative responses to 20 major parameters.
These include overall business and financial situations, demand indicators, price and employment expectations and profit margins, among other parameters.
The survey is intended to provide useful forward-looking inputs for policymakers, analysts and businesses, it said.
The RBI has been conducting the Industrial Outlook Survey on a quarterly basis since 1998. The latest will be the 57th round of the survey.
It has entrusted the task of conducting the survey for the current quarter to the Centre for Research Planning and Action (CERPA).
The CERPA would get in touch with several manufacturing companies during this quarter for seeking their valuable feedback so that it can be included in the survey, it added.
However, those manufacturing companies that are not approached by CERPA can also participate in the survey by downloading the survey schedule from the RBI's official website.
CERPA, which was established in 1972, conducts social science research, providing consultancy services on developmental issues to help planners and policymakers and also conducts charitable services for the disadvantaged and poor sections of the country, it said.