Price Indices in India - An Overview There are three major indices used in India for comprehensive assessment of prices and production. (WPI) Wholesale Price Index in India In India, the Wholesale price index (WPI)
What is Inflation? Inflation is a rise in the general level of prices of goods and services in an economy over a period of time. When the general price level rises, each unit of currency
National income estimates are the most reliable macroeconomic indicators of an economy. Therefore, it is essential for students to be aware of National Income Concepts. Changes in national income measure the rate of growth of the economy. Similarly,
India is a developing country and our economy is a mixed economy where the public sector co-exists with the private sector. For an overview of Indian Economy, we should first go through the strengths of