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…