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India’s New Consumer Price Index: Strengthening Inflation Measurement in a Transforming Economy

India’s New Consumer Price Index: Strengthening Inflation Measurement in a Transforming Economy

Introduction Inflation measurement plays a central role in shaping monetary policy, welfare schemes, wage negotiations, and economic planning. In India, the Consumer Price Index (CPI) has emerged as the primary indicator of retail inflation, directly influencing policy decisions taken by Reserve Bank of India and welfare targeting by the government. Recognizing rapid changes in consumption…

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Flood Fury in Punjab

Flood Fury in Punjab: Monsoon Rains, Crop Loss & Rising Food Inflation

Introduction Floods are among the most frequent and devastating natural disasters in India. The northwestern plains, particularly Punjab, Haryana, Himachal Pradesh, and adjoining regions, have historically been vulnerable due to their river systems, irrigation networks, and dependence on monsoon rains. In recent years, the intensity and irregularity of rainfall have increased, leading to unprecedented flood…

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