The government has kicked off the National Household Income Survey NHIS 2026, led by the NSO under MoSPI, with field operations starting this April. The survey will gather earnings data from 4.5 lakh families to better study income inequality, improve the CPI, and measure how effectively welfare schemes are reaching people.
MoSPI has proposed an Index of Services Production (ISP) for India’s formal services sector, built using GST data and using 2024–25 as the base year. The high-frequency index will track major service segments including trade, transport, banking, insurance, hospitality, real estate, and professional services, and is meant to complement the existing Index of Industrial Production.
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