This refers to the news report about the RBI governor recommending a producer price index to measure the selling price of goods and services as a more effective policy tool. Such an index will help check at what prices the products and services are being sold to the end consumer. This move will help check the economy’s supply side, which I think is the main reason for inflation. This index will also help identify the role of middlemen in the supply chain.
Anand Wadadekar Pune
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