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NIC-2025: Draft Update to India’s Industry Codes

9 September 20251 min read
ECONOMYNIC-2025: DraftUpdate to India’sIndustry Codes9 September 2025safalsetu.com

Why in the news

A revision of the national industry codes was being prepared so that statistics capture digital, gig and green activity and remain comparable worldwide.

What changes

AreaDraft change
New sectorsOTT platforms, EV charging, AI, circular economy, green jobs
Gig workBetter coverage; NITI Aayog sees 7.7 million (2020-21) growing to 23.5 million (2029-30)
Global fitAligned with ISIC
DataGST filings and other digital platforms

Concern

  • Concordance tables are needed to link old and new codes.

Exam angle

  • Custodian: NSO; codes feed national accounts, surveys and policymaking.
  • Last revision before this: 2008.

Test yourself

1. Which body maintains the National Industrial Classification?

NIC is maintained by the National Statistics Office.

2. NIC-2025 is meant to align with which international system?

The draft aligns with the International Standard Industrial Classification (ISIC).

3. In which year did the NIC revision immediately before NIC-2025 take place?

The notes list updates up to 2008, whose codes now risk becoming outdated.