Three types of Consumer Price Index Numbers maintained by Labour Bureau Calculation of CPI The Labour Bureau has been compiling and maintaining three different series of Consumer Price Index numbers viz. (i) Consumer Price Index Numbers for Industrial Workers (CPI-IW) on base 2001=100, (ii) Consumer Price Index Numbers for Agricultural Labourer on base 1986-87=100, … [Read more...] about Three types of Consumer Price Index Numbers maintained by Labour Bureau
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AICPIN
RATIONALE BEHIND DEMAND FOR 7TH CENTRAL PAY COMMISSION
RATIONALE BEHIND DEMAND FOR 7TH CENTRAL PAY COMMISSION Due to no response from the Central Govt. to the proposal for a fruitful discussion on a 15-point charter of demands which includes revision of wages from January 01, 2011 by setting up of 7th Central Pay Commission(CPC) and Merger of 50% DA with Pay submitted to the Prime Minister by the Confederation of Central … [Read more...] about RATIONALE BEHIND DEMAND FOR 7TH CENTRAL PAY COMMISSION
GAP between WPI and CPI; Government and RBI takes Several Measures to Contain Inflation
Press Information Bureau Government of India Ministry of Finance 06-December-2012 18:59 IST GAP between WPI and CPI; Government and RBI takes Several Measures to Contain Inflation Year-on-year inflation in October, 2012 measured in terms of Wholesale Price Index (WPI) and the Consumer Price Index (CPI) (New series) was 7.45 per cent and 9.75 per cent, respectively. The … [Read more...] about GAP between WPI and CPI; Government and RBI takes Several Measures to Contain Inflation
How Dearness Allowance increase is calculated..?
How Dearness Allowance increase is calculated..? How to calculate Dearness Allowance for Central Government Staff and Employees… We have been reporting the increase in Dearness allowance every six months, always before official announcement is made. We have not been making predictions or assumptions. Our reporting has always been based on standard calculation used for the … [Read more...] about How Dearness Allowance increase is calculated..?
Expected DA : AICPIN for the month of October 2012
Expected DA : AICPIN for the month of October 2012 Consumer Price Index Numbers for Industrial Workers (CPI-IW) October 2012 Press Information Bureau Government of India Ministry of Labour & Employment 30-November-2012 17:07 IST Consumer Price Index Numbers for Industrial Workers (CPI-IW) October 2012 The All-India CPI-IW for October, 2012 rose by 2 points … [Read more...] about Expected DA : AICPIN for the month of October 2012
DA from Jan 2012 : As against the increase of 152%, the CGEs are granted DA 65% as on 1.1.2012
DA from Jan 2012 : As against the increase of 152%, the CGEs are granted DA 65% as on 1.1.2012 As per the prevailing rates of commodities as on 1.6.2012, Confederation have prepared a comparative chart of the price of 14 commodities, which go into the computation of minimum wage. Placed there-under is the computation of the Minimum wage on the basis of the prices … [Read more...] about DA from Jan 2012 : As against the increase of 152%, the CGEs are granted DA 65% as on 1.1.2012
AICPI-IW for Sep-12 released – Likely increase in DA from Jan 2013 is 8%
AICPI-IW for Sep-12 released – Likely increase in DA from Jan 2013 is 8% Central Government Employees, Pensioners and family Pensioners may get Dearness Allowance of 80% with effect from 1st January 2013 The price index which is called as AICPI – IW (All India Consumer price Index for industrial workers with the base as 2001=100) for the month of September 2012 has been … [Read more...] about AICPI-IW for Sep-12 released – Likely increase in DA from Jan 2013 is 8%
Central government employees may get 8% D.A. from January 2013
Central government employees may get 8% D.A. from January 2013 As we are in the halfway mark of calculating D.A. effective from 01.01.2013, let us try to predict it based on current trend. The AICPI-IW No. for three months , i.e. July, Aug, Sep 2012 is punlished by the labour bureau. It is respectively 212,214 and 215. Based on current situation, if we assume that inflation … [Read more...] about Central government employees may get 8% D.A. from January 2013
Expected DA upto 81% from January, 2013 on September, 2012 AICPI-IW index
Expected DA upto 81% from January, 2013 on September, 2012 AICPI-IW index Expected DA upto 81% from January, 2013 on September, 2012 AICPI-IW index Expectation of future Dearness Allowance from January, 2013 on the basis of 2 points jump in CPI-IW for the month of August, 2012 and 1 point jump in September, 2012 giving expectation for DA 80% or more from January … [Read more...] about Expected DA upto 81% from January, 2013 on September, 2012 AICPI-IW index
Expected DA from 2013 AICPIN for the month of September 2012
Expected DA from 2013 AICPIN for the month of September 2012 Consumer Price Index Numbers for Industrial Workers (CPI-IW) September 2012 The All-India CPI-IW for September, 2012 rose by 1 point and pegged at 215 (two hundred and fifteen). On 1-month percentage change, it increased by 0.47 per cent between August and September compared with 1.55 per cent between the same … [Read more...] about Expected DA from 2013 AICPIN for the month of September 2012
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