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News18•06-10-2026, 19:45
MoSPI Seeks Public Feedback on Expanding Index of Services Production Scope
  • •The Ministry of Statistics and Programme Implementation has invited feedback on an approach paper aimed at expanding the scope and coverage of the Index of Services Production.
  • •Stakeholders including experts, academicians, government departments, and financial institutions can submit their comments and suggestions until October 16, 2026.
  • •The current ISP framework tracks 19 broad service sub-sectors, but excludes core government tasks, non-market activities, and GST-exempt services.
  • •The proposed expansion plans to onboard Education, Human Health and Residential Care, and Public Administration and Defence sectors, which account for nearly 21 percent of services GVA.
  • •Incorporating these new areas will elevate the total coverage of the monthly ISP to approximately 78.4 percent of the entire services-sector GVA, providing a comprehensive view of India's economic growth.

Key Questions Answered

Stakeholders can submit their comments and suggestions on the proposed methodology until October 16, 2026, via MoSPI's website.

The ministry aims to incorporate Education, Human Health & Residential Care, and Public Administration & Defence, which together represent about 21 percent of services GVA.

By successfully integrating the newly proposed service areas, MoSPI will increase the total coverage of the monthly ISP to approximately 78.4 percent of the entire services-sector GVA.