RBI launches Quarterly Order Books
New Delhi: The Reserve Bank of India has launched the 50th of its Order Books, Inventories and Capacity Utilisation Survey (OBICUS). The survey is for the reference period April-June 2020
The Reserve Bank has been conducting the Order Books, Inventories and Capacity Utilisation Survey (OBICUS) of the manufacturing sector on a quarterly basis since 2008. The information collected in the survey includes quantitative data on new orders received during the reference quarter, backlog of orders at the beginning of the quarter, pending orders at the end of the quarter, total inventories with a breakup between work-in-progress and ?nished goods inventories at the end of the quarter and item-wise production in terms of quantity and value during the quarter vis-à-vis the installed capacity from the targeted group.
The level of capacity utilisation is estimated from these responses. The survey provides valuable input for monetary policy formulation. The survey findings are released on the website of the bank regularly. The latest results pertaining to the quarter January-March 2020 will be released shortly.
During this quarter, selected manufacturing companies will be approached by the Bank. Other manufacturing companies may also participate in the survey by downloading the survey questionnaire from the Reserve Bank’s website https://www.rbi.org.in.
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