The Statistics Ministry, it seems, is facing a counting problem, although not entirely of its own making.
In what turned out to be a pleasant shock to many in trade and industry, the Ministry on Thursday revised upwards the factory output growth number for April to 2.3 per cent from two per cent announced on Wednesday.
The reason attributed for the revision is the wrong recording of production data for the electricity sector for the month of April 2013.
Electricity generation growth has now been revised to 4.2 per cent, from 0.7 per cent estimated earlier.
In use-based classification, the growth rate for basic goods was revised upward to 2.1 per cent, from 1.3 per cent earlier.
Industrial growth had contracted 1.3 per cent in April 2012.
All eyes are now on the Reserve Bank of India with the monetary policy review slated for Monday.