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1. It uses 2024–25 as its base year. 2. It presently covers 19 formal services subsectors. 3. It relies primarily on GST data. 4. It includes the entire informal services
Anonymous Poll
17%
1 and 2 only
56%
1, 2 and 3 only
20%
2, 3 and 4 only
5%
1 and 4 only
6%
1, 2, 3 and 4
Why is a price deflator required while constructing the Index of Services Production from GST data?
Anonymous Poll
5%
GST data contain only physical quantities of services
90%
GST data reflect nominal transaction values that must be converted into real output
5%
GST data exclude all taxable services
3%
GST data are collected only once every five years
1%
GST data measure only imports of services
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