Food & Consumer Affairs Minister launches version 4.0 of Price Monitoring System (PMS) Mobile App

Price Monitoring System (PMS) App Overview: Launched by the Price Monitoring Division (PMD), Department of Consumer Affairs in 2021. Reports daily prices of selected essential commodities. Source of Price Data: Retail and wholesale prices from 550 centers. Data received from State Civil Supplies Departments via Mobile App. Commodities Monitored: Initially: 22 essential commodities (Rice,

Wheat, Atta, various Dals, Sugar, Oils, Tea, Milk, Potato, Onion, Tomato, Salt). Newly added: 16 items (Bajra, Jowar, Ragi, Suji, Maida, Besan, Ghee, Butter, Brinjal, Egg, Black Pepper, Coriander, Cumin seed, Red chillies, Turmeric powder, Banana). Total: 38 commodities, constituting close to 31% of CPI weights. Significance: Provides advance inputs for policy decisions for Government, RBI, and analysts. Helps in monitoring and managing CPI inflation