Lok Sabha Question No. 4182 (UNSTARRED), answered on 2026-03-18
Subject: Revision of key Economic Indices and Monitoring of Infrastructure Projects
Ministry: STATISTICS AND PROGRAMME IMPLEMENTATION
Asked by: Shri Vishweshwar Hegde Kageri, Smt. Mahima Kumari Mewar, Shri Damodar Agrawal, Shri Bibhu Prasad Tarai, Shri Anurag Singh Thakur

## 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 on

2024=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 12 th  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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