India's retail inflation reached 2.75% in January 2023 with the new CPI series.
GK and monthly revision
India January CPI: FAQs on what has changed
The Indian government has revised the Consumer Price Index (CPI) base year to 2024, with significant changes in the weightage of food, housing, and transport components. This revised framework will guide the country's monetary policy. Regular base revisions are planned every 3-5 years to ensure the CPI accurately reflects the changing consumption patterns of Indian households.
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 base year for the CPI has been changed from 2012 to 2024.
The weight of food items in the CPI basket has decreased significantly.
The weights of housing and transport components have increased in the revised CPI framework.
Regular base revisions of the CPI are planned every 3-5 years.
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.