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In India, a total of 697 commodities data on price level is tracked through WPI which is an indicator of movement in prices of commodities in all trade and transactions. It is also the price index which is available on a weekly basis with the shortest possible time lag only two weeks. [17] Base year to calculate WPI is 2011-2012=100
Inflation rates in India are usually quoted as changes in the Consumer Price Index (CPI), for all commodities. Many developing countries use changes in the consumer price index (CPI) as their central measure of inflation. In India, CPI (combined) is declared as the new standard for measuring inflation (April 2014). [2]
The CSO was set up in the cabinet secretariat on 2 May 1951 as a part of the cabinet Secretariat and having co-ordinating and advisory functions. At that time the name of CSO was Central Statistical Institute. In 1954 the CSI merged with CSO and the new name was Central Statistical Organization.
The Government of India exercises its executive authority through a number of government ministries or departments of state. A ministry is composed of employed officials, known as civil servants, and is politically accountable through a minister . Most major ministries are headed by a Cabinet Minister, who sits in the Union Council of Ministers ...
Category: National cabinets. ... Special pages; Permanent link; Page information; ... Cabinet of India (4 C, 2 P) Cabinets of Indonesia (2 C, 43 P)
The Indian Wholesale Price Index was first published in 1902 in India. The Producer Price Index hasn't been in use in India yet, but Niti Aayog has created a roadmap to introduce it soon. The Wholesale Price Index is the index used to measure the changes in the average price level of goods traded in wholesale market. A total of 697 commodity ...
The NIFTY 50 is an Indian stock market index that represents the float-weighted average of 50 of the largest Indian companies listed on the National Stock Exchange. [1] [2] Nifty 50 is owned and managed by NSE Indices, which is a wholly owned subsidiary of the National Stock Exchange of India.
The COI is designed to provide reliable insights into the direction of the Indian national and regional economies. Released once a month, the index is computed from the results of a monthly survey of 3,000 consumers in 11 cities across India. [ 1 ]