https://www.taxtmi.com/news?id=29358 A Government Working Group has been constituted, chaired by a senior NITI Aayog member with officials, central bank and non official economists, to revise the Wholesale Price Index base and related methodologies. Its Terms of Reference direct it to propose an updated commodity basket for WPI and PPI, review price collection systems, determine computational methodology, examine PPI compilation and transition roadmap from WPI to PPI, reassess linking factor computation, and recommend measures to enhance index reliability; the Chair may co opt experts and must submit a final report to the Office of the Economic Adviser within the notified timeframe. en-us Thu, 02 Jan 2025 16:33:01 +0530 Thu, 02 Jan 2025 16:33:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=29358 A Government Working Group has been constituted, chaired by a senior NITI Aayog member with officials, central bank and non official economists, to revise the Wholesale Price Index base and related methodologies. Its Terms of Reference direct it to propose an updated commodity basket for WPI and PPI, review price collection systems, determine computational methodology, examine PPI compilation and transition roadmap from WPI to PPI, reassess linking factor computation, and recommend measures to enhance index reliability; the Chair may co opt experts and must submit a final report to the Office of the Economic Adviser within the notified timeframe. News - Thu, 02 Jan 2025 16:33:01 +0530 https://www.taxtmi.com/news?id=29358