The CEA said in FY21, inflation was impacted because of the first wave of the pandemic which lasted longer, while the second wave saw distributed lockdowns and did not have a deep impact on inflation.
Sources in the labour ministry said that the new index with the new base year and the revised consumption basket will be launched “latest by the first week of September”.
Over the last few months, the government has taken steps to address the price rise in pulses, edible oils as also the imported inflation, but we do expect more measures from both the Centre and states to soften the pace of in
The high positive annual growth in the index of industrial production (IIP) in March 2021 came on back of a contraction of (-)0.9% and (-)3.4% in January and February 2021 respectively, according to the data released by the N
