The government revised the Index of Industrial Production (IIP) base year to 2022-23, adding sectors like water and waste management. Driven by manufacturing and capital goods, industrial output recorded a 4.9% growth in April 2026 under this new series.
Click to View MoreThe National Statistical Office (NSO) launched ASISSE to bridge data gaps in the formal services sector using GSTN-backed information. This tech-driven survey enhances GDP calculation precision and evidence-based policy, marking a monumental step toward data-driven governance and modernising the Indian economy.
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