Ministry monitors the projects through online portal/ web monitoring system "Project Assessment Infrastructure Monitoring and Analytics for Nation-Building (PAIMANA)"

**Executive Summary** The Ministry of Statistics and Programme Implementation (MoSPI) has announced the revision of key economic indicators, including the Consumer Price Index (CPI), Gross Domestic Product (GDP), and the upcoming Index of Industrial Production (IIP) in May 2026. The ministry has also updated its project monitoring mandate to include all projects costing ₹150 crore and above. Monitoring is conducted through the "PAIMANA" online portal, which integrates real-time data from various implementing agencies to ensure streamlined infrastructure tracking. **Key Points / Main Content** **Revision of Economic Indices** * **Consumer Price Index (CPI):** Revised estimates based on the new 2024=100 base were released on 12th February 2026. * **Gross Domestic Product (GDP):** Revised estimates with a 2022-23 base year were released on 27th February 2026. * **Index of Industrial Production (IIP):** A revised series based on 2022-23 methodology is scheduled for release in May 2026. **Classification Standards** * **NIC-2025:** The current National Industrial Classification (NIC-2025) was published in November 2025. * **International Alignment:** The NIC is maintained in alignment with the United Nations Statistics Division’s International Standard Industrial Classification (ISIC Revision 5). **Project Monitoring Framework** * **Monitoring Mandate:** Under the 1961 Allocation of Business Rules (amended 07.02.2026), MoSPI monitors projects costing ₹150 crore and above. * **PAIMANA Portal:** The "Project Assessment Infrastructure Monitoring and Analytics for Nation-Building" (PAIMANA) system serves as the primary web monitoring tool. * **Digital Integration:** PAIMANA is integrated with the Department for Promotion of Industry and Internal Trade’s "Integrated Project Monitoring Portal" (IPMP) via Application Programming Interfaces (APIs). **Impact Analysis** **Line Ministries / Departments / Implementing Agencies** **Impact** These entities are now subject to updated monitoring requirements for all projects exceeding the ₹150 crore threshold. Their project data is now automatically fetched for national-level analytics through API integration. **Action Required** They must regularly update project information on the Integrated Project Monitoring Portal (IPMP) to ensure accurate data flow to the PAIMANA system. **Ministry of Statistics & Programme Implementation (MoSPI)** **Impact** The Ministry is responsible for maintaining the accuracy of national economic indicators and ensuring the monitoring framework aligns with international standards and legislative amendments. **Action Required** MoSPI must finalize and release the revised Index of Industrial Production (IIP) series by the May 2026 deadline.

Key Entities Referenced