NO : WP-2017-011 AUTHOR : Dilip M. Nachane, Aditi Chaubal TITLE :  The Plutocratic Bias in the Indian CPI ABSTRACT : The Laspeyres-type consumer price index (CPI) is traditionally used to measure the changes in cost-of-living over time. Studies indicate this CPI suffers from a plutocratic bias, attaching greater weightage to expenditure … Continue reading IGIDR Working paper: The Plutocratic Bias in the Indian CPI