About Us
Office of the Economic Adviser (OEA) is an attached office of the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry.
The main functions of the Office of Economic Adviser include, inter alia the following :
Policy Functions
  • Economic policy inputs on industrial development.
  • Rendering advice relating to formulation of Industrial Policy, Foreign Trade Policy with respect to industrial sector in general with thrust on manufacturing, issues relating to bilateral and multilateral trade, as well as taxes and duties related to industry, including but not restricted to safeguard and anti-dumping duties.
  • Analysis of trends of industrial production and growth.
  • Examination of multilateral and bilateral issues and processing Policy Notes with economic implications referred to the Office.
Statistical Functions
  • Compiling and releasing monthly Wholesale Price Indices
  • Compiling and releasing monthly Index of Core Industries Production
  • Developing other Indices on experimental basis, e.g. select business service price indices
  • Supervising as a 'source agency', compilation of monthly production statistics for identified industrial items, their validation, and onward transmission for computation of the monthly Index of Industrial Production (IIP) by Central Statistics Office.
  • Monthly Statistical compilation of macro indicators (secondary information).
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