Chinmaya IAS Academy – Current Affairs Chinmaya IAS Academy – Current Affairs
Context: The Ministry of Statistics and Programme Implementation (MoSPI) has initiated the process to revise the base year for India’s GDP calculations from 2011–12 to 2022–23. Key economic indicators like the Consumer Price Index (CPI) and Index of Industrial Production (IIP) will also be rebased accordingly. What is a Base …
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