 "National Industrial Classification, Industrial")
Nail salons, dating services (online and offline), slandering salons, temporary tattoo art, organising of bachelor and bachellorrette parties; raising of equines like ponies, donkeys and mules; growing opium, Ashwagandha, Isabgol and Christmas trees — these wide range of services and occupations are some of the new activities that India’s official statistical machinery will capture under a proposed new National Industrial Classification (NIC) framework.
Being revised for the first time since 2008, NIC defines different economic activities at a granular level so that their output is added up to arrive at the country’s gross domestic product, and factors in the broad
