MoSPI proposes new base years for IIP, GDP & CPI
- Posted on August 6, 2025
- By Business News Today
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MoSPI proposes new base years for IIP, GDP & CPI

The government plans to update the base years for key economic indicators. The Index of Industrial Production (IIP) and Gross Domestic Product (GDP) will shift to a 2022-23 base year, while the Consumer Price Index (CPI) will be rebased to 2024.