SECTIONS Finance ministry asks ministries · Business · 2026-08-16
Finance ministry asks ministries to move from WPI to PPI in future contracts
The finance ministry has asked ministries and departments to adopt the Producer Price Index (PPI) instead of the Wholesale Price Index (WPI) for price escalation clauses in future government contracts once PPI becomes available. The move follows the launch of monthly PPI data and aligns with interna... The finance ministry has asked ministries and departments to adopt the Producer Price Index (PPI) instead of the Wholesale Price Index (WPI) for price escalation clauses in future government contracts once PPI becomes available. The move follows the launch of monthly PPI data and aligns with international practices and IMF recommendations. Finance ministry
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