Which is the nodal office for the 18 member working group chaired by Ramesh Chand formed to revise current series of Wholesale Price Index (WPI)?

Government formed a 18-member working group headed by Ramesh Chand, member of NITI (National Institution for Transforming India) Aayog, to revise current series of Wholesale Price Index (WPI) with base year 2011-12 and come up with a new Producer Price Index (PPI). The nodal office for the group is the Department for Promotion of Industry and Internal Trade (DPIIT). The revision of the base year 2011-12 will help to describe a more realistic picture of the price situation and its impact on people. It will draft a roadmap to switch over from WPI to PPI.