• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • HOME
  • DoPT
  • MACP
  • OROP
  • CSD
  • CG News Android App

CENTRAL GOVERNMENT EMPLOYEES NEWS

All about Central Government Employees News. Get the central govt employees latest news, DoPT Orders, 7th Pay Commission, DA Hike, latest notification for pensioners, MACP latest order, da for central government employees, and more.

  • 7th CPC
  • Railways
  • Pension
    • Retirement Age
  • Expected DA
    • Dearness Allowance
    • Dearness Relief
  • Defence
    • CGDA
  • EPFO
    • Employees News
      • KV School
      • Promotion
      • Maternity Leave
      • Reservation
      • LTC
    • ESIC
  • CGHS
  • MACP
  • Postal Dept
You are here: Home / AICPIN / CONSUMER PRICE INDEX: New Series for updation of Base of CPI(Industrial Workers) proposed
Latest List of KV Schools in India
Central Government Holiday Home List 2021
No DA/DR to Central Government employees till July 2021
Expected DA 2021
7th Pay Commission Latest News 2021
Latest DoPT Orders 2021
MACP for the Central Government Employees

CONSUMER PRICE INDEX: New Series for updation of Base of CPI(Industrial Workers) proposed

August 18, 2013 by admin Leave a Comment

CONSUMER PRICE INDEX: New Series for updation of Base of CPI(Industrial Workers) proposed

Background of CPI-IW series:

The CPI-IW series on scientific lines was first introduced with base 1960=100 which was based on the results of Family Living Survey conducted in 1958-59 at 50 industrially important centres. The series was then, updated on base 1982=100 and a revision in 1999-2000 has further updated the base on 2001=100. The current series of CPI-IW  with base year 2001=100 covers 78 industrially important centers spread across the country.

Need for Base Updation:

The consumption pattern of the working class population undergoes change over a period of time and therefore, it becomes necessary that the consumption basket is updated from time to time to account for these changes and to maintain the representative character of the index. The need for frequent revision of base on account of fast changing consumption pattern of the target group has been recommended by International Labour Organisation, National Statistical Commission, National Commission on Labour and also Technical Advisory Committee on Statistics of Prices and Cost of Living. Also this recommendation was strongly reiterated by the Index Review Committee set up under the Chairmanship of Prof. Chadha which inter-alia stated that the intervening gap between the two series should not exceed 10 years. Labour Bureau accordingly, has proposed to revise the base year of the existing CPI-IW series 2001=100 to a more recent base year preferably, 2013-2014=100.

Scope and Coverage:

The current series of CPI-IW with base 2001=100 was constructed on the basis of employment data in seven sectors namely, Registered Factories, Mining, Plantations, Ports & Docks, Public Motor Transport, Electricity Generation & Distribution Establishments and Railways sector. The current series comprises of a basket of about 370 items and 289 price collection markets spread across 78 centres of the country. In the existing series, the Working Class Family Income & Expenditure Survey was conducted during 1998-99 by the NSSO and a sample size of 41040 family budget schedules and 15960 house rent schedules (i.e. about a total of 57000 schedules) were canvassed from 78 industrially important centres of the country. The price collection work was done by the Labour Bureau and the main survey work of income & expenditure data collection was conducted by NSSO.

In line with the recommendations of Index Review Committee (IRC), the possibilities of extending the  scope of the new series to two more additional sectors i.e. Handloom and Construction sectors are being considered. However, Labour Bureau expects an increase in the number of centres from existing 78 centres to around 88-95 centres approximately. Consequently, the total number of family budget enquiry schedules and house rent schedules to be canvassed would increase to 70,000 schedules approximately.

Committees:

i) Standing Tripartite Committee

The Index Review Committee (IRC) headed by Prof. G.K. Chadha recommended for constitution of a Standing Tripartite Committee (STC) of all the stakeholders.  Accordingly Ministry of Labour & Employment constituted a Standing Tripartite Committee (STC) vide order No. Y-12011/5/2010-ESA(LB), dated 12th January, 2011.

The Terms of Reference of the STC formed are as follows:

The Standing Tripartite Committee will

{i}       examine the various aspects of the base year revision of Consumer Price Index Number Series for Industrial Workers {CPI-IW} including the selection of Centres, sample size, sampling design, methodology for deriving the weighting diagram and linking factor;

{ii}      examine the method of price collection procedures and machinery of price collection;

{iii}     examine the centre specific weighting diagrams for all the centres, selection of base year, compilation of base year prices, trial indices; and

{iv}     consider any other relevant issue{s}/matter as may be necessary.

Secretarial assistance to the Standing Tripartite Committee will be provided by the Labour Bureau, Ministry of Labour.  The Committee may also enlist the assistance of subject matter experts within and/or outside the Government and may co-opt members according to necessity.

Source- http://labourbureau.nic.in/

Related to Your Search:

  • New Series for Revision of Base of CPI(IW) launched
  • Consumer Price Index Numbers for Industrial Workers – Centre wise CPI(IW) report for the month of October 2013
  • Labour Bureau proposed to revise the current CPI-IW series 2001=100 to CPI-IW 2013-2014=100
  • New series of consumer price index – Base for calculation of Dearness Allowance
  • AICPIN for Feb 2015 – Labour Bureau Publishes today
  • Expected DA from July 14 – Looks like the curiosity surrounding the expected DA is fast receding..!
  • Expected DA Central Govt Employees AICPIN for the month of September 2020 stands at the level of 118
  • Expected DA July 2015 to be finalized – May 2015 AICPIN to be announced today
  • Expected DA 2020 – AICPIN for the month of September 2020 – 118 points

Filed Under: AICPIN, Latest News Tagged With: aicpin for industrial workers, All-India Consumer Price Index Numbers, Central Government Employees News, Consumer Price Index, CPI, CPI-IW), Employment, Finance, Ministry of Labour, Standing Tripartite Committee (STC)

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


HOLIDAY LIST 2021

Kerala Holidays 2021 | Post Office Holidays 2021 | Delhi Holidays 2021 | Mumbai Holidays 2021 | Telangana Holidays 2021 | Central Govt Office Holiday 2021 in Hyderabad | Chandigarh Holidays 2021 | Kolkata Holidays 2021 | Railway Holidays CG Office Holidays 2021 | TN Govt Holidays 2021 | TN Restricted Holidays 2021 | Bank holidays 2021 | TN Bank Holidays 2021 | BSNL Holidays 2021 | Chhattisgarh Holidays 2021 | Gujarat Holidays 2021 | Goa Holidays 2021| KVS Holiday Calendar 2021-2022 | List of CSD Holidays 2021

Primary Sidebar

Important Central Government Employees Orders

  • MACP Scheme for Original Order Dated May 2009
  • 7th Pay Commission Revised Pay Matrix Table for Central Government Employees – Pay Matrix Level 12
  • CSD Canteen Price List 2021
  • CSD Latest Price List of Samsung Electronics items
  • CSD Military Canteen Products List 2020
  • CSD - Eligibility to buy cars 2020
  • FAQ - Central Government Employees - CCS
  • FAQ - Indian Air Force Pensioners
  • FAQ - About NPS

Archives – CG News

Categories

  • 6CPC (163)
  • 7CPC (2,018)
  • 8th Pay Commission (4)
  • Additional DA (4)
  • AICPIN (142)
  • Allowance (349)
  • Bonus (197)
  • BSNL (84)
  • CCS (173)
  • Central Government Jobs (173)
  • Central Govt Holiday Homes (5)
  • CGDA (108)
  • CGHS (421)
  • CPSE (48)
  • CSD (70)
  • CSS (113)
  • DA Over 50% (124)
  • Dearness Allowance (618)
  • Dearness Relief (55)
  • Defence (548)
  • Directorate of Estates (57)
  • DOPT Orders (1,320)
  • Employees News (2,414)
  • EPFO (184)
  • ESIC (27)
  • Expected DA (399)
  • expected da january 2020 (9)
  • General news (1,970)
  • GST (48)
  • Holidays (163)
  • HRA (74)
  • Income Tax (220)
  • IT Exemption (89)
  • KV School (254)
  • Latest News (1,276)
  • LDC-UDC (72)
  • Leave Rules (16)
  • Loan (16)
  • Lok Sabha Elections 2019 (15)
  • LTC (203)
  • MACP (233)
  • Maternity Leave (8)
  • NPS (75)
  • OROP (158)
  • Pension (1,170)
  • Postal Department (398)
  • Promotion (203)
  • Railways (1,429)
  • Rank Pay (57)
  • Reservation (91)
  • Retirement Age (187)
  • Uncategorized (1)

Recent Comments

  • P C Mathaikutty on Freezing of Dearness Allowance to Central Government employees and Dearness Relief to Central Government pensioners at current rates till July 2021
  • Provat Kumar Pal on Request to the PM to release DA to the central government employees and DR to the pensioners
  • Sampat Rambhau Warbhuwan on Over payments made to DAD employees on account of wrong pay fixation granting the benefit of financial up gradation under ACP/MACP scheme
  • naresh on Classification of Cities for HRA as per 7th CPC – X Y Z Classification of Cities for HRA 2020
  • P.C.Mathaikutty on Union Budget 2021 – Senior Citizens above 75 years of Age, Having Pension & Interest Income exempted from Filing Tax Return

7th CPC DA Arrears Ready Reckoner Tables for all Level

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-1 (GP 1800)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-2 (GP 1900)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-3 (GP 2000)

  • 7th CPC DA DA Arrears Ready Reckoner Tables for Level-4 (GP 2400)

  • 7th CPC DA DA Arrears Ready Reckoner Tables for Level-5 (GP 2800)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-6 (GP 4200)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-7 (GP 4600)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-8 (GP 4800)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-9 (GP 5400)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-10 (GP 5400)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-11 (GP 6600)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-12 (GP 7600)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-13 (GP 8900)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-13A (GP 8900)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-14 (GP 10000)

Pay Matrix Table for Air Force PBORs

7th Pay Commission Option Form Ready Reckoner For All Grade pay

central government news
Follow us on : facebook-central-government-news twitter-central-government-news pinterest-central-government-news

Footer

Central Government Employees News | Central Government News | Central Govt Employees News | Central Government Jobs & Orders | Central Government Latest News | central government employees news latest update | expected pay central govt employees | latest news macp central govt employees | Central govt employees news 7th pay commission

central government employees news

Central Government News App for Android Users – Free!! Download Now

 

7th CPC | CGDA | CGHS | CPSE | CSD | CSS | Dearness Allowance | Dearness Relief | Defence | DOPT Orders |
EPFO | ESIC | Expected DA | GST | Holidays | HRA | Income Tax | KVS | Leave Rules | LTC | MACP |
Maternity Leave | NPS | OROP | Pension | Postal Department | Promotion | Railways | Rank Pay | Reservation | Retirement Age

Copyright © 2021 · Magazine Pro on Genesis Framework · WordPress · Log in