India 2018

Basic Economic Data 87
of goods on the basis of three broad segments of the population (viz. affluent,
middle and poor). For each 62 quotation, specifications of different commodities
are finalized keeping in view the preference of the particular segment of
population to which a quotation is earmarked. Collection of price data for each
quotation is completed within week specified for that quotation.
Wholesale Price Index (WPI): On the request of Department of Industrial Policy
and Promotion (DIPP), Ministry of Commerce and Industries, NSSO is
facilitating the Office of the Economic Adviser in price data collection for existing
series as well as New Series of WPI. Currently the data transmission is being
done in respect of 3,813 units and 18,192 quotations spread throughout the
country. The Base year for the Existing Series of WPI is 2004-05. There are 6,837
quotations in the new series of WPI and the 1,107 common quotations under
existing Series and New Series of WPI with base year 2011-12.
Price Statistics
CSO started compiling Consumer Price Index (CPI) separately for rural, urban,
and combined sectors on monthly basis with Base Year (2010=100) for all India
and states/UTs from January 2011. It revised the Base Year 14 of the CPI from
2010=100 to 2012=100, incorporating many methodological improvements in
consonance with the international practices. The basket of items and weighing
diagrams for the revised series has been prepared using the Modified Mixed
Reference Period (MMRP) data of the Consumer Expenditure Survey (CES),
2011-12 of the 68th Round of National Sample Survey (NSS).
Consumer Price
CSO releases Consumer Price Indices also at group and sub-group levels. It is
to be stated that 'Food and beverages' as a whole has 45.86 per cent share, which
includes 39.05 per cent share of CFPI in CPI (Combined) basket. Therefore, food
items are generally the major drivers of overall inflation rate based on CPI. In
order to know the reasons for such movement of overall inflation rate during
last two years, analysis of sub-group level inflation rate is required. Sub-group/
group wise inflation rate and their respective share (in terms of weight) have
been combined together to know their contribution to overall inflation rate
during each month of November 2015 to October 2016.
Annual Survey of Industries
The Annual Survey of Industries (ASI) is the principal source of industrial
statistics in India. It provides statistical information to assess and evaluate,
objectively and realistically, the change in the growth, composition and structure
of the organized manufacturing sector comprising activities related to
manufacturing processes, repair services, generation, transmission etc. of
electricity, gas and water supply and cold storage. The survey is statutory under
the Collection of Statistics Act, 1953/ 2008.
The ASI extends to the entire country. The survey covers all factories
registered under Sections 2m (i) and 2m (ii) of the Factories Act, 1948. The survey
also covers bidi and cigar manufacturing establishments registered under the