The coverage of the mining sector has also undergone a change.Economists said the new series reflects the changes in the economy over the years. "This is much more realistic and more or less closer to the new GDP data," Pronob Sen , former chief statistician said. But he called for faster revision to better capture the changes in the economy. "Even this revision is outdated by 6 years as we are in 2017-18. "The new series shows higher growth rates compared with the old series which can be attributed to shifting of base to a more recent period, increase in number of factories in the panel for reporting data and exclusion of closed one and inclusion of new items and exclusion of old ones," said Madan Sabnavis, chief economist at Care Ratings "In FY17, as per the new series the industrial growth improved to 5%.

Source: Times of India May 12, 2017 19:49 UTC