The government is planning to create an index to monitor the performance of businesses that are not registered as companies, as part of efforts to improve the measurement and understanding of India's informal economy, according to an official. The index, proposed by the ministry of statistics and programme implementation (MoSPI), will provide insights into the health of the large yet often difficult-to-measure informal sector. "The ministry aims to soon come out with the index for unincorporated sector enterprises," the official said. "While the official timeline is 2031, we are aiming to launch it earlier."