Who among the following chaired the Working Group constituted for revision of WPI series with ...........

Economic and Social Issues Monetary and Fiscal Policy

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Who among the following chaired the Working Group constituted for revision of WPI series with base 2011-12 in India?

Prof. Abhijit Sen

Shri R. Gandhi

Dr. Saumitra Chaudhuri

Professor BN Goldar

Sukhmoy Chakravarty

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Explanation:

Wholesale Price Index (WPI) series in India has undergone six revisions in 1952-53, 1961-62, 1970-71, 1981-82, 1993-94 and 2004-05 so far. The current series is the seventh revision. The revision entails shifting the base year to 2011-12 from 2004-05, changing the basket of commodities and assigning new weights to the commodities. It has generally been the practice to undertake the revisions on the advice of a Working Group constituted each time. For the new series with base 2011-12, a Working Group was constituted on 19th March 2012 chaired by Late Dr. Saumitra Chaudhuri, Member, erstwhile Planning Commission and comprised most stakeholders.