MoSPI secretary Sarang: govt extension of inflation/price data practice
The Ministry of Statistics and Programme Implementation has indicated continuation or extension of a price and inflation data practice for official statistical use.
AI generated- The Ministry of Statistics and Programme Implementation is the government department associated with official statistical work in India.
- A price and inflation data practice related to inflation measurement is being continued or extended for official statistical use.
- The announced rationale links the data practice to consistency of datasets and policy use.
The Ministry of Statistics and Programme Implementation has indicated continuation of a price and inflation data practice for official use. The development is relevant because inflation measurement depends on consistent methodology, coverage, and comparability over time.
UPSC may ask how price indices are compiled, why methodological continuity matters for comparability, and how inflation data affects welfare policy and monetary policy.
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