India is updating its Consumer Price Index (CPI) with a new base year of 2024, starting from tomorrow
GK and monthly revision
The big inflation reset: What India’s new CPI means for you
India is updating its Consumer Price Index (CPI), the key measure of inflation, with a new base year of 2024. This revision reflects changes in modern India's spending habits, with food's weight decreasing and services gaining importance. The new CPI includes digital markets and rural housing costs, impacting monetary policy and household finances. This change is significant for exam preparation as it reflects the evolving nature of the Indian economy.
Revision structure
Monthly events and exam calendar context
Static GK and one-liner notes
Quiz and mock-test revision path
Key points
Exam-ready takeaways
The weight of food in the new CPI basket has decreased, while the importance of services has increased
The new CPI includes digital markets and rural housing costs, which were not part of the previous index
The CPI revision will impact monetary policy decisions and household finances
The changes in the CPI basket reflect the evolving nature of the Indian economy
How to study
Turn news into exam marks
Revise monthly events by exam family instead of reading random updates.
Pair one-liners with mock tests so mistakes become the next revision list.
Keep state job pages, calendar pages and GK packs connected in one path.