New Delhi, Oct 4 (IANS) The government on Saturday said it is conducting the base revision of the Consumer Price Index (CPI), as it released discussion paper 2.0 on the treatment of free PDS items in the CPI compilation.

The process includes enhancing coverage of price collection, refining existing methodologies, exploring new data sources and effective use of modern technology in the price collection and index compilation.

In view of the launch of free food grain distribution scheme by the government from January 1 2023 covering 75 per cent rural and 50 per cent urban population, the issue of appropriate and realistic reflection of the same in CPI and inflation measurement has become relevant and desirable, according to the Ministry of Statistics and Programme implementation (MoSPI).

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