NIC-2025 released for classifying economic activity
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What happened
- MoSPI released the National Industrial Classification 2025 at Udaipur on 18 November 2025, at the close of the NSS’s 75th anniversary and World Statistics Day [PIB].
- Earlier versions: 1962, 1970, 1987, 1990, 1998, 2004 and 2008. NIC-2025 covers new sectors such as renewable energy, fintech, e-commerce and digital services [PIB].
Background
- NIC was first introduced in 1962 [PIB].
Why it matters
- A 17-year-old code missed whole new industries. The update feeds into the new GDP and IIP series.
How to use this in Mains
- As per PIB (2025-11-18): moSPI released the National Industrial Classification 2025 at Udaipur on 18 November 2025, at the close of the NSS's 75th anniversary and World Statistics Day.
- A 17-year-old code missed whole new industries. The update feeds into the new GDP and IIP series.
Quotable data pointEarlier versions: 1962, 1970, 1987, 1990, 1998, 2004 and 2008. NIC-2025 covers new sectors such as renewable energy, fintech, e-commerce and digital services.
PIB: MoSPI: NIC-2025 released, 18 Nov 2025
Exam angle
UPSC
Prelims: NIC.
Practice MCQs
Original practice questions (not PYQs).
Practice · UPSC
NIC-2025 replaces
Answer (c) & explanation
PIB.
Practice · UPSC
Released at
Answer (b) & explanation
PIB.
Practice · UPSC
First NIC was introduced in
Answer (b) & explanation
PIB.
Go deeper
Official source: PIB: MoSPI: NIC-2025 released, 18 Nov 2025
facts from cited sources only; faculty review pending