National Statistics Office (NSO) releases trial Index of Services Production covering 19 sectors

Exam-focused facts from the 17 July 2026 current affairs briefing.

Key facts

The National Statistics Office (NSO) has introduced the trial version of the Index of Services Production (ISP), marking India's first monthly tracker of services output.
The index currently covers 19 service industries, with plans to expand coverage in the coming months.
Ministry of Statistics and Programme Implementation Secretary Saurabh Garg stated the ISP measures output of services, not gross value added (GVA), and should not be interpreted as a measure of GDP growth.
The government plans to broaden the index by incorporating health, education and residential services before launching a comprehensive composite index.