The Ministry of Statistics and Programme Implementation (MoSPI) is conducting the base revision of the Consumer Price Index (CPI). 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, the Ministry of Statistics and Programme Implementation said on Saturday.

In view of the launch of free food grain distribution scheme by the Government of India from January 1, 2023, covering 75 per cent of the 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.

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The issue has been deliberated in detail with the national and

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