FinMin nudges ministries to switch to producer price index for rate adjustments in govt contracts

The Department of Expenditure, in a communication to all ministries and departments, said that PPI is a more internationally accepted index compared to WPI used in government contracts to define price escalation.
Key takeaways
- Category: Orders & Deals.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development and could move the stock. Use the price and stock snapshot to gauge how the market is responding.









