Mumbai, Oct. 31 -- The Ministry of Statistics and Programme Implementation (MoSPI) is undertaking the base revision exercise of the Consumer Price Index (CPI). In the process, MoSPI is revisiting methodologies, exploring new data sources and incorporating changes after comprehensive consultations with the experts, academicians, users andother stakeholders. As a part of CPI, Housing constitutes a major component with an expenditure share of 21.67% in urban areas and 10.07% at the All-India level in the current series. Housing is a crucial indicator for the overall well-being of the households not only in India but across the world as a significant amount of their income is spent either on house rent or maintaining an owned house. Therefore...