Wholesale price index Current Affairs, GK & News
Wholesale Price Index
A new WPI series with 2004-05 base was released on 14 September 2010. A representative commodity basket comprising 676 items has been selected and weighting diagram derived for the new series. The total number of price quotations has also increased from 1918 in the old series to 5482 in the new series, indicating better representation ..
WPI inflation increases to 11.39 per cent in August
The wholesale price-based inflation (WPI) increased marginally to 11.39 per cent in August 2021 due to higher prices of manufactured goods, even though the prices of food articles softened. Highlights Inflation in August got reversed from the easing trend of two months (June and July). WPI remained in double-digit for the fifth consecutive month. In ..
Month: Current Affairs - September, 2021
Category: Economy & Banking Current Affairs
Topics: Consumer Price Index (CPI) • Reserve Bank of India (RBI) • retail inflation • Wholesale price index
Wholesale Price Index, WPI of April 2021
The Department for Promotion of Industry and Internal Trade recently released Wholesale Price in India for the month of April 2021. The WPI for the month of April 2021 stood at 128.1. The base year in calculating WPI is fixed as 2011-12. WPI of April 2021 The annual rate of inflation for the month of ..
Month: Current Affairs - May, 2021
Category: Reports & Indexes Current Affairs
Topics: Department for Promotion of Industry and Internal Trade (DPIIT) • Diesel • Inflation • Manufactured goods • mineral oil • Oil Prices • Petrol • Power Sector • Wholesale price index
Agra Metro Project
Agra Metro Project consists of two corridors with a total length of 29.4 km. It connects famous tourist attractions like Taj Mahal, Agra Fort, Sikandra etc., with railway stations and bus stands. Its construction work is to be inaugurated by Prime Minister Modi. The project is expected to benefit 29 lakh people in the city ..
Month: Current Affairs - December, 2020
Category: Economy & Banking Current Affairs
Topics: Consumer Price Index (CPI) • Index of industrial production • Metro • Metro Rail • Metro rail systems • Price index • Wholesale price index
Ramesh Chand head of working group to revise current series of Wholesale Price Index
The Union Government has constituted an 18-member working group for the revision of the current series of Wholesale Price Index (WPI) under Chairmanship of Prof. Ramesh Chand, Member of NITI Aayog. The revision of the base year would help in presenting a more realistic picture of the price situation and its impact on people. The ..
Topics: Economy • Index • Macroeconomics • Niti • NITI Aayog • Price index • Price indices • Producer price index • Social groups • Wholesale price index • WPI
Government to constitute working group for revision of Wholesale Price Index
Central Government has constituted Working Group for the revision of the current series of Wholesale Price Index (Base 2011-12). It will be chaired by Prof. Ramesh Chand, Member, NITI Aayog. Office of Economic Adviser, Department for Promotion of Industry & Internal Trade will be nodal office for Working Group. It will process report / recommendation ..
Month: Current Affairs - June, 2019
Category: Economy & Banking Current Affairs
Topics: Business • Economy • Ministry of Commerce • Producer price index • Ramesh Chand Working Group • Wholesale price index