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A Fresh Start
June 12, 2025
|Business Standard
Base revision will better inform policy decisions
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Several crucial economic indicators that inform policy decisions are set for a comprehensive overhaul. As reported in this newspaper and elsewhere, the Union government's statistics department is working on new series for the consumer price index (CPI), index of industrial production (IIP), and gross domestic product (GDP), which are likely to be released next year. For a rapidly developing economy like India, it is extremely important that key indices are regularly revised and adjusted.
هذه القصة من طبعة June 12, 2025 من Business Standard.
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