Merchandise Trade Indices (Base Year 2022–23)
The recent revision of India’s Merchandise Trade Indices base year from 2012–13 to 2022–23 by the Directorate General of Commercial Intelligence and Statistics under the Ministry of Commerce and Industry marks an important statistical reform. Based on the recommendations of the Nachiketa Chattopadhyay Committee (Indian Statistical Institute, Kolkata), the revision modernises methodology, improves data coverage, and aligns with international best practices.
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