India, Oct. 4 -- The Government of India has issued a release:
The Ministry of Statistics and Programme implementation is conducting the base revision of the Consumer Price Index (CPI). The process includes enhancing coverage of price collection, refining existing methodologies, exploring new data sources and effective use of modern technology in the price collection and index compilation.
In view of the launch of free food grain distribution scheme by the Government of India from 1st January 2023 covering 75% rural and 50% urban population, the issue of appropriate and realistic reflection of the same in CPI and inflation measurement has become relevant and desirable.
The issue has been deliberated in detail with the National and Intern...