MoSPI replaces WPI with PPI for GDP deflation

MoSPI Replaces WPI with PPI for GDP Deflation: Complete Explanation for Government Exams

MoSPI replaces WPI with PPI for GDP deflation to improve India’s economic data accuracy. Learn about Producer Price Index, GDP deflator, WPI differences, and exam-important economic reforms for UPSC, Banking, SSC, Railways and other government exams. Government Plans Major Reform in Inflation Measurement The Ministry of Statistics and Programme Implementation (MoSPI) has announced plans to…

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third world countries in 2026

Third World Countries in 2026: Is India a Developing Country? Complete UPSC & Competitive Exam Guide

Third World Countries in 2026 explained in detail. Learn whether India is a developing country, the origin of the term Third World, Cold War classifications, World Bank categories, and important facts for UPSC, SSC, Banking, Railways, Defence, PSC, Police, and Teaching exams. Introduction The term “Third World” continues to appear in public discussions and competitive…

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