Will India’s Inflation Drop? The Truth About the New CPI Base Year (2024)
In our last blog, we discussed the “Big Picture” of MoSPI’s base year revisions. Today, we are zooming in on the indicator that affects every Indian’s pocket and every UPSC ISS aspirant’s marks: The Consumer Price Index (CPI). The government is shifting the CPI Base Year from 2012 to 2024. Why is this huge? Because the current inflation … Read more