The Indian Wholesale Price Index was first published in 1902 in India.
The Producer Price Index hasn't been in use in India yet, but Niti Aayog has created a roadmap to introduce it soon.
Because of this, it is widely used in business and industry circles and in government, and is generally taken as an indicator of the inflation rate in the Indian economy.
Due to high inflation rates the Indian government reduces some commodities.
This article related or pertaining to the economy of India is a stub.