The Consumer Price Index (CPI) measures the average change in prices over time. It reflects the cost of living for households. The CPI is crucial for economic policy and inflation tracking. It influences interest rates and wage negotiations. In India, the CPI is used to adjust salaries and pensions. It plays a role in economic planning and social welfare programs.
Direct Benefit Transfer (DBT) is a major governance reform initiative launched by the Government of India on January 1, 2013. It aims to re-engineer the public delivery system...
The Government of India approved a 2% increase in Dearness Allowance (DA) for central government employees and pensioners, effective from July 1, 2024. The decision affects over 50...
Inflation shapes everyday life — from the cost of food and rent to transport and education. In India, the Consumer Price Index (CPI) translates these lived realities into...
India’s retail inflation reading for December 2025 marks the final chapter of the Consumer Price Index (CPI) series with a 2012 base year. Before the index shifts to...
India's retail inflation rate decreased to 6.83% in August 2023, down from a 15-month high of 7.44% in July. This drop was primarily due to lower food prices,...
India often referred to as the "breadbasket of Asia," has a rich agricultural history and is one of the world's largest producers of rice and wheat. According to...
The wholesale price-based inflation continued its negative trend for the fourth consecutive month in July, reaching (-) 1.36%. While fuel prices eased, food article costs rose, causing inflation...
The Government of India has taken a significant step in ensuring data accuracy and reliability by appointing a panel led by Pronab Sen, former Chief Statistician of India,...
Retail inflation is a measure of the increase in prices of goods and services that consumers purchase for their daily consumption. It affects the purchasing power of consumers,...
A persistent and appreciable rise in the general level of prices of goods and services in an economy over a period of time. Demand-pull Inflation It is a...
