This is the second contraction in the sector on a quarterly basis in the past eight years - since the new GDP series started in 2012-13
September saw the slowdown in the manufacturing sector - which accounts for 78 per cent of the index
According to the latest CSO data, IIP contraction in August has been further revised downwards to 1.4 per cent from the provisional 1.1 per cent decline estimated last month
The downturn in overall business activity and demand suggests the Reserve Bank of India might need to ease policy again, a survey showed
A persisting liquidity crisis in the MSME added to the manufacturing sector's woes
Job generation falls for first time in eight months; GDP growth projection scaled down to 7.3% for FY19
Index at 50.7 marks expansion against a recording of 50.5 in April