SENSEX
NIFTY
GOLD
USD/INR

Weather

image 32    C

National News

The Economic Times

National / The Economic Times

details

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 international practices and IMF recommendations.

16 Aug 2026 12:14 pm