Tag: government procurement contracts
Posted in Economy
Finance ministry asks ministries to move from WPI to PPI in future contracts
New Delhi: The finance ministry has nudged all ministries and departments to move to Producer Price Index (PPI), from the current Wholesale Price Index (WPI),…
Posted in Economy
Govt to replace WPI with Producer Price Index for future procurement contracts
New Delhi: The Centre is preparing to replace the Wholesale Price Index (WPI) with the Producer Price Index (PPI) for price escalation and price adjustment…