India, Sept. 10 -- The Government of India issued the following news release:
The Ministry of Statistics and Programme Implementation (MoSPI) is the nodal Ministry for setting standards for collection, compilation and dissemination of data. The Ministry is undertaking a number of structural reforms to improve timeliness, quality and granularity of data such as updating the base year of the major indicators, refining methodologies of various surveys to enable local level data collection and updating various statistical classifications. As part of these efforts, the Ministry has now revised its National Industrial Classification (NIC)-2008 and prepared the draft NIC-2025.
The National Industrial Classification (NIC) serves as a foundational...