Press Trust of India / New Delhi Oct 19, 2009, 13:43 IST
The government today approved a proposal to release wholesale prices-based inflation data on a monthly basis, instead of every week now, and changed the base year to 2004-05 from 1993-94.
However, data on primary and fuel items would continue to be released on weekly basis.
"The new series of WPI (Wholesale Price Index) inflation with 2004-05 as base year would be launched soon," Commerce and Industry Minister Anand Sharma told reporters after a meeting of the Cabinet Committee on Economic Affairs.
The government intends to release the new series after November 14, he added.
Thus, on a consolidated basis, WPI data would come on a monthly basis.
Some students of IIMK have opened a company called eduorigin, they say they are gonna provide innovative education to the students. Check out their website www.eduorigin.com, well entrepreneurship is still in the blood of some and they are not running after jobs...
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