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Business
India’s New Services Speedometer Shows Green Across 17 Sectors
✍️ economictimes.com
🗓 30 Sep 2026, 03:48 AM
👁 18
The Ministry of Statistics and Programme Implementation’s latest services speedometer indicates robust growth, with all 17 sectors marked green.
The Ministry of Statistics and Programme Implementation released a new version of the services speedometer today, showing a green status across all 17 sectors of the services economy.
The tool, which tracks growth rates in various service industries, had previously highlighted a few sectors with slower performance. The updated index now reflects a uniform uptick, suggesting a broad-based recovery.
Experts say the green ratings indicate that service providers are meeting demand and that the sector is contributing positively to GDP growth.
The speedometer will be updated quarterly, allowing policymakers to monitor trends and adjust support measures as needed.
The tool, which tracks growth rates in various service industries, had previously highlighted a few sectors with slower performance. The updated index now reflects a uniform uptick, suggesting a broad-based recovery.
Experts say the green ratings indicate that service providers are meeting demand and that the sector is contributing positively to GDP growth.
The speedometer will be updated quarterly, allowing policymakers to monitor trends and adjust support measures as needed.