India's economy has a data blindspot at its heart. The government tracks inflation, factory output, tax collections every month and corporate earnings every quarter. But there is no high-frequency indicator that reveals how the country's biggest source of employment is actually performing. That gap may soon be filled. ET has reported today that the Ministry of Statistics and Programme Implementation (MoSPI) is planning an index for unincorporated enterprises that will periodically measure the health of India's informal economy. "The ministry aims to soon come out with the index for unincorporated sector enterprises," an official told ET. "While the official timeline is 2031, we are aiming to launch it earlier."
Also Read: Plan afoot to create index for unincorporated enterprises
