Office of Economic Adviser

Time 2020-12-30 05:03:56

Web Name: Office of Economic Adviser

WebSite: http://www.eaindustry.nic.in

ID:150554

Keywords:

of,Office,Adviser,

Description:

OFFICE OF THE ECONOMIC ADVISER DEPARTMENT FOR PROMOTION OF INDUSTRY AND INTERNAL TRADE As recorded history goes, Wholesale Price Indices for India have been published from the period of the Second World War. The first Economic Adviser to the Government of India in pre-Independence India, Sir Theodore E.G. Gregory (period 1937-1946) had started the ‘quick’ series, using the week ended August 19 1939 as base, and computed the Index from the week commencing January 10, 1942. During a spring cleaning exercise in July 2014, a few registers of pre-Independence period, containing information on wholesale price for select items and wholesale price index were discovered. The earliest register was for the year 1915 containing wholesale prices for Calcutta, and also Wholesale Price Indices. This finding now entirely changes the recorded history of wholesale price indices prepared in India. The Office of the Economic Adviser celebrates this startling discovery and the above depicts a collage of images of pages from the old Registers, pertaining to years 1915, 1937, 1939 and 1947. The new series of Wholesale Price Index(WPI) with base 2011-12 is effective from April 2017. Data for WPI(2011-12) has however been provided from April 2012 to March 2017 for the purpose of research and analysis only. Linking factor given for conversion of WPI(2011-12) indices to WPI(2004-05) series should be used from April 2017 onwards. Website Content Managed by Office of the Economic Adviser, DPIIT, MoCI, GoI Designed, Developed and Hosted by National Informatics Centre ( NIC )

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