🇮🇳
National
🔴 High
MoC&I Revises India’s Merchandise Trade Indices Base Year
📅 Published 22 Feb 2026 · February 2026
MoC&I Revises India’s Merchandise Trade Indices Base Year
New Base Year: 2022-23 (previously 2012-13)
Purpose:
Improve relevance & accuracy for policy analysis
Measure price changes in exports & imports
Features:
Monthly, quarterly, annual indices
Commodity-specific & region-specific indices
Terms of trade calculations
Application: Used by government agencies like MoSPI for economic analysis
📝 Relevant Exams:
UPSC