Inaugural Index of Services Production released
The government released its inaugural Index of Services Production, which measures 19 sub-sectors accounting for about 60% of India's services sector. According to the new index, 14 service sectors grew in double digits in April 2026, offering the first official high-frequency gauge of services output — the largest part of the Indian economy.
Nabka Insight
A brand-new official index for the services sector — a first-of-its-kind data release examiners flag.
Powered by AIKey facts
- New Index of Services Production covers 19 sub-sectors (~60% of the services sector).
- 14 service sectors grew in double digits in April 2026.
- It is the inaugural (first) such official index.
Relevant forBanking · SSC · State PSC · UPSC