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Govt to replace WPI with Producer Price Index for future procurement contracts - The Economic Times
In a bid to modernize inflation measurement, the government is set to replace the Wholesale Price Index with the Producer Price Index for future government contracts and price changes. This initiative seeks to align India's procurement processes with global inflation metrics. Ministries are urged to integrate the Producer Price Index into their new contracts, marking a crucial evolution in how India evaluates inflation.
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India launches producer price index; wholesale inflation gauge to be phased out in five years - The Times of India
https://timesofindia.indiatimes.com/business/india-business/india-launches-producer-price-index-wholesale-inflation-gauge-to-be-phased-out-in-five-years/articleshow/131745783.cms
India overhauls inflation framework with new Producer Price Index, revised WPI - The Economic Times
https://economictimes.indiatimes.com/news/economy/indicators/india-overhauls-inflation-framework-with-new-producer-price-index-revised-wpi/articleshow/131460170.cms
Explained | Why Centre is replacing Wholesale Price Index with Producer Price Index
https://www.deccanherald.com/business/economy/explained-why-centre-is-replacing-wholesale-price-index-with-producer-price-index-4024977
India To Launch New WPI Inflation Series, Producer Price Indices From June 15; Base Year Revised To 2022-23
https://www.freepressjournal.in/business/india-to-launch-new-wpi-inflation-series-producer-price-indices-from-june-15-base-year-revised-to-2022-23Govt To Revise WPI Base Year To 2022-23, Producer Price Index To Be Introduced As Part Of Statistical Overhaul
https://www.freepressjournal.in/business/govt-to-revise-wpi-base-year-to-2022-23-producer-price-index-to-be-introduced-as-part-of-statistical-overhaul