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GOVERNMENT OF INDIA
MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION
LOK SABHA
UNSTARRED QUESTION NO. 4182
TO BE ANSWERED ON 18.03.2026
REVISION OF KEY ECONOMIC INDICES AND MONITORING OF
INFRASTRUCTURE PROJECTS
4182. SHRI DAMODAR AGRAWAL:
SMT. MAHIMA KUMARI MEWAR:
SHRI VISHWESHWAR HEGDE KAGERI:
SHRI ANURAG SINGH THAKUR:
SHRI BIBHU PRASAD TARAI:
Will the Minister of STATISTICS AND PROGRAMME IMPLEMENTATION be
pleased to State:
(a) the current status of the revision of key economic indicators such as
Gross Domestic Product (GDP), Index of Industrial Production (IIP) and
Consumer Price Index (CPI);
(b) the manner in which the Government is ensuring that the classification
of India's industrial and economic activities remains in conformity with
international standards;
(c) whether there has been any change in the timelines for the
infrastructure projects monitored by the Government and the manner in
which this monitoring is being streamlined;
(d) if so, the details thereof; and
(e) the time by which the new series of National Accounts and the Index of
Industrial Production are expected to be made available to the public?
ANSWER
MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF
STATISTICS AND PROGRAMME IMPLEMENTATION; MINISTER OF STATE
(INDEPENDENT CHARGE) OF THE MINISTRY OF PLANNING AND MINISTER
OF STATE IN THE MINISTRY OF CULTURE (RAO INDERJIT SINGH)
(a): The Ministry of Statistics and Programme Implementation (MoSPI) has
released the revised estimates of Consumer Price Index (CPI), based on2024=100, and Gross Domestic Product (GDP), based on 2022-23, on 12th
February, 2026 and 27th February, 2026 respectively. With regard to base
revision of Index of Industrial Production (IIP), it is planned to release the
revised estimates based on 2022-23 in May, 2026.
(b): National Industrial Classification (NIC) is maintained and periodically
updated by the MoSPI in alignment with the corresponding International
Standard Industrial Classification of All Economic Activities (ISIC)
maintained by the United Nations Statistics Division (UNSD). The NIC is
revised whenever the corresponding international classification, i.e., ISIC,
is updated by the UNSD. The current version, NIC-2025, was published by
the Ministry in November 2025 and is aligned with the latest international
version, ISIC Revision 5.
(c) and (d): The Ministry is mandated to monitor projects costing 150 crore
and above. The Ministry monitors the projects through online portal/ web
monitoring system "Project Assessment Infrastructure Monitoring and
Analytics for Nation-Building (PAIMANA)" which is integrated with
Department for Promotion of Industry and Internal Trade’s portal Integrated
Project Monitoring Portal (IPMP). Line Ministries/Departments/
Implementing Agencies regularly update the information of projects on
IPMP and the same is fetched from IPMP to PAIMANA via Application
Programming Interfaces (APIs).
(e): The new series of CPI and GDP has been released on 12th February and
27th February, 2026 respectively. The revised Index of Industrial
Production (IIP) series with the new methodology is planned to be released
in May 2026.
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