Discussions on revising WPI base year: DPIIT – Times of India

New Delhi: Inter-ministerial consultations are in progress to revise the Wholesale Price Index (WPI) base year 2011-12 to 2017-18, Department for Promotion of Industry and Internal Trade (DPIIT) Secretary Anurag Jain Said.
Revision of base year to 2017-18 Calculation The wholesale inflation rate will help to present a more realistic picture of the price situation across the country.
DPIIT in June last year issued One draft Technical report of a working group, which suggested revising the base year of the Wholesale Price Index Total About 480 new items in the new series.