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Are we FUDGING the Consumer Price Inflation (CPI) for India ?
Consider this chart by @kotaksecurities
Even while December CPI touched a 6yr high of 7.35%, SURPRISINGLY, Medicine, Hospitals, BUS Fare, Tuition, Books, Barber, Domestic Help and Taxi Fares etc all FELL Yr on Yr
Do you that is even possible ? Real Fact based data suggests
1) Medicines as per Industry Data Provider AIOCD AWACS, Prices Increased 5% Year On Year
2) BUS FARES: have bee. Hiked (just Google)
3) Domestic Help: a 8-10% raise annually
4) Tuition Fees(School Fees): 8-15% Raise annually. IIM fees whcih used to be busy about Rs3 lacs for 2yrs back in 2005 is now Rs19 lacs for 2 years in 2019. NO way it's anything less than 15%
5) Private Tuition: Every years the private Tuition fees are raised by 10%+
6) Barber & saloon Services: Barbers usually increase rates annually or every 15 months.

7) Taxi Fare: Auto Rickshaw rates cannot be tracked simply coz they charge what they want. @UberINSupport And @Olacabs rates are certainly up by 15-20% over past 12 months
How does FUDGING the Inflation (Lower) help the Govt of India (GoI) ?
1) with Lower Indexation, You pay Higher Long Term Capital Gains TAX to the GoI
2) World Over Economists Congratulate the GoI for Suppressing Inflation
3) with Low CPI, Interest on Govt India Securities is Low
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