MoSPI releases discussion paper on treatment of PDS items in CPI
MoSPI) has floated a discussion paper seeking stakeholders' views on the treatment of free food grains provided under the public distribution system in the calculation of retail inflation.
ET Year-end Special Reads
Top 10 equity mutual funds of the year. Do you have any?
How India flexed its global power muscles in 2024
2024 was the year India became the talk of America
The base year for the Consumer Price Index is being revised to 2024 with weights of items based on Household Consumption Expenditure Survey (HCES) 2022-23. At present, the base year is 2012.
The ministry has invited suggestions by researchers, academicians and others by January 15.
The ministry is examining whether to include free PDS items in the CPI basket and how to address the reduction or increase in their prices during an ongoing series. This challenge came into focus with the implementation of a new integrated food security scheme under the National Food Security Act (NFSA), according to a discussion paper on the treatment of PDS items and other free social transfers in Consumer Price Index Compilation released by the ministry.
The Centre initiated this scheme to provide free food grains for one year to beneficiaries under the Antyodaya Anna Yojana (AAY) and Priority Households (PHH) categories.
Office Productivity
Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis
By — Metla Sudha Sekhar, IT Specialist and Developer
Web Development
Django & PostgreSQL Mastery: Build Professional Web Applications
By — Metla Sudha Sekhar,
