

India’s statistical system is undergoing a comprehensive modernization to better capture the realities of a fast-changing economy. Over the decade since the last base year (2011-12), the country has seen significant structural shifts, the services sector has expanded rapidly, formalization has increased under the Goods and Services Tax (GST), and digital platforms have transformed business models. These changes created demand for more timely indicators, finer geographic detail, and improved coverage of the informal and services sectors. In response, the Government has initiated coordinated reforms as part of a broader modernization of the national statistical system aimed at strengthening data quality, credibility and policy relevance.
Major reforms under this include the upcoming revision of GDP and price indices base years, improvements in measuring the informal and services economy, enhancements to labour market statistics, cross-cutting innovations in survey methods and technology, and steps to boost transparency through stakeholder engagement.
Together, these reforms are poised to improve the timeliness, granularity and trustworthiness of India’s official statistics for evidence-based policymaking.
National Accounts Base Year Revision
Periodic base year updates ensure that GDP and other indices reflect the current economic structure and relative prices, which tend to evolve over time. The base year is revised periodically to better capture the structural changes happening in the economy by updating the methodology of compilation and incorporation of new data sources.
Moreover, rebasing allows adoption of international best practices in methodology as recommended by bodies like the UN Statistical Commission. Aligning with updated global standards ensures that India’s statistics remain comparable and methodologically sound in light of new guidance on measuring the digital economy, supply-use tables, etc.

Base Year Revision in Compilation of GDP Series
One of the major reforms has been the revision of the base year for Gross Domestic Product (GDP) estimates, from 2011-12 to 2022-23. In the decade since 2011-12, India’s economy has transformed drastically, with new industries emerging (e.g. renewable energy, digital services) and changes in consumption patterns and investment behaviour. Such structural changes necessitate rebasing so that metrics like GDP capture true contribution of growing sectors and changes in technology and productivity.
Over the years extensive digitization has also opened up new data sources and incorporating these data into national accounts will improve accuracy and detail. For instance, real-time administrative databases like e-Vahan(vehicle registrations), the Public Financial Management System (PFMS), and the GST system now provide granular economic data.
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Rationale for Selecting 2022-23 The year 2022-23 was chosen as the new base because it is the most recent “normal” year after the disruptions of 2019-2021. The years 2019-20 and 2020-21 were significantly affected by the COVID-19 pandemic, which temporarily altered consumption patterns and industrial output. |
GDP will continue to be compiled using the expenditure and production/ income approaches. While the overall framework remains unchanged, methodological refinements are being introduced in the compilation of economic aggregates under the production/ income approaches, in both nominal and real terms, as well as under the expenditure approach.
Revision of the Consumer Price Index (CPI) Base Year
The Consumer Price Index (CPI) provides a comprehensive and timely measure of inflation reflecting the consumption patterns of different population groups. The CPI series will also be revised with a new base year of 2024. This update will use data from the Household Consumption Expenditure Survey (HCES) 2023-24 to revise the item basket and expenditure weights so that they reflect current consumption patterns in both rural and urban India. The revision is intended to improve the accuracy and relevance of CPI estimates, strengthen methodological transparency, and support better-informed economic policymaking.
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Process of Base Year Revision The base revision of the Consumer Price Index (CPI) began in early 2023 under the guidance of an Expert Group comprising representatives from RBI, key ministries, academia, and senior government officials. The revision has followed a structured, multi-stage process, using the HCES 2023-24 sample, including verification of samples, identification of markets and dwellings, and collection of base prices. Multiple meetings of the Expert Group have been held to review progress and methodology. Extensive consultations were also conducted with international organisations, including IMF, World Bank, financial institutions, and government bodies, along with the release of discussion papers to invite stakeholder feedback. |
Revision of Index of Industrial Production (IIP) Base Year
The Index of Industrial Production (IIP) is a key indicator that measures how industrial production is changing over time. It is a monthly indicator which reflect the monthly changes in the volume of production of a representative basket of industrial products, with reference to a specified base year. IIP is widely used for economic policy formulation and serves as an important input for estimating the Gross Value Added (GVA) of the manufacturing sector in GDP.
As industries evolve due to technology changes, new products, and structural shifts, the IIP base year needs periodic revision to reflect current industrial realities and landscape. The Government is currently in the process of revising the IIP base year to 2022-23 to incorporate the latest data and improve accuracy. This revision seeks to strengthen the IIP by updating sectoral coverage, revising item weights, improving factory representation, and adopting enhanced methodologies. The update is being aligned with the base year revision of the National Accounts to ensure consistency across major macroeconomic indicators.
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Timeline for New Series
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These updates are expected to enhance confidence in official statistics and facilitate better-informed decisions in economic policy, monetary management, and business planning.
Improving Informal and Services Sector Measurement
The Government places special emphasis on strengthening the measurement of the informal economy and services sector output, given their substantial contribution to economic output and employment. To enhance the robustness and reliability of estimates, new survey frameworks, pilot studies, and experts consultations have been undertaken.
Strengthening Data on India’s Services Sector
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Annual Survey of Unincorporated Sector Enterprises It is conducted to measure the unincorporated non-agricultural sector, which is a major contributor to GDP, a significant source of employment, and a key driver of local entrepreneurship and supply chains. |
The services sector is a major pillar of India’s economy, contributing 50% of GDP and generating millions of jobs. While the unincorporated segment is covered under the Annual Survey of Unincorporated Sector Enterprises (ASUSE), there is a lack of granular data on the economic and operational characteristics, employment, and other related aspects of the incorporated service sector.
This gap in data is primarily due to the absence of a regular national-level survey covering the various sub-sectors of the incorporated non-agricultural non-manufacturing sectors. To address this gap, the National Statistical Office (NSO) undertook a pilot study for the Annual Survey of Service Sector Enterprises (ASSSE). The objective of the pilot study was to assess key operational aspects, including enterprise response, clarity of survey instructions, effectiveness of the questionnaire, and the availability of key data from official records such as books of accounts, profit and loss statements, and labour registers.
Based on the experience and discussions, the ASSSE questionnaire has been developed under the overall guidance of the Technical Advisory Group (TAG) for Enterprise Surveys. The survey aims to capture key indicators such as gross value added (GVA), fixed capital, capital formation, number of persons employed and other important features pertaining to the units belonging to service sector.
Introduction of Quarterly Bulletins on Unincorporated Sector Enterprises (QBUSE)

The Annual Survey of Unincorporated Sector Enterprises has been revamped by enhancing it to incorporate more frequent estimate releases. Starting 2025, Quarterly Bulletins on Unincorporated Sector Enterprises (QBUSE) have been introduced, providing interim results every quarter instead of waiting for an annual report. The quarterly data are intended to capture short-term movements in the sector.
Labour Market Statistics Reform (PLFS)
Considering the importance of availability of labour force data at more frequent time intervals, National Statistical Office (NSO) launched Periodic Labour Force Survey (PLFS) in April 2017.
The Periodic Labour Force Survey (PLFS) is the primary source of official data on labour force participation and employment and unemployment conditions of the population in the country. The survey provides estimates of the key employment and unemployment indicators (viz. Worker Population Ratio, Labour Force Participation Rate, Unemployment Rate). Major reforms were introduced to the PLFS in 2025, marking a shift towards higher-frequency, more granular labour statistics.
The changes have enhanced the capability to track employment and unemployment trends in near-real time and across both urban and rural areas, supporting evidence-based interventions for inclusive growth.
Cross-Cutting Data Reforms: Granularity and Digitalization
Beyond specific surveys or indices, MoSPI implemented several cross-cutting reforms in 2025 aimed at strengthening the overall statistical infrastructure. These initiatives address the need for more fine-grained data at local levels and leverage technology to improve survey efficiency, accuracy, and agility.
District as a Statistical Unit
From January 2025, sampling design in National Sample Surveys (NSS) has been modified with a provision for generating district level estimates with district as a basic stratum with an aim to enable data-driven planning at more granular levels. This shift marks a major step towards supporting evidence-based planning and policy formulation at the district and sub-district levels.
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The National Sample Survey (NSS) conducts large-scale socio-economic surveys to generate key indicators traditionally available at the national and State/ UT levels. |
Digital Data Collection and Real-Time Validation
NSS surveys are now conducted using Computer Assisted Personal Interviewing (CAPI) through the e-SIGMA platform, which includes in-built validation checks, real-time data submission, multilingual interfaces, and AI-enabled chatbot support. These features have significantly improved data quality and field efficiency.
· Faster data release: These initiatives have substantially reduced publication delays.

Comprehensive Modular Surveys (CMS)
To meet evolving data requirements and immediate policy needs, MoSPI has undertaken Comprehensive Modular Surveys (CMS) to collect focused information on specific themes within shorter time frames.
Data Dissemination Platforms
Complementing improvements in data collection, data dissemination has also been modernized to make official statistics more accessible to the public.
Conclusion
The recent statistical reforms mark a decisive shift in India’s statistical system towards greater relevance, responsiveness, and credibility. By updating base years for GDP, CPI, and IIP, strengthening measurement of the informal and services sectors, and transforming labour statistics, the Government has aligned official data more closely with the structure and dynamics of today’s economy.
At the same time, various measures have been undertaken to significantly improve data quality, timeliness, and public access. The coordinated rollout of new series and systems reflects a commitment not only to methodological rigor and international best practices, but also to transparency and stakeholder engagement.
These initiatives lay a stronger statistical foundation for evidence-based policymaking, effective decentralised planning, and informed public discourse, ensuring that India’s official statistics remain fit for purpose in a rapidly evolving economic landscape.