Today’s and tomorrow’s seminar You are now all here in this room to discuss these issues under the watchful eye of our past presidents. And as you might have noticed from the programme, not only do you come from different countries, but also from divergent backgrounds.
In the context of monetary policy formulation, it is important to have a robust primary measure of inflation at the national level. In this direction, the compilation of CPI (Urban) and CPI (Rural) could pave the way for a representative CPI for the country.