Showing posts with label AICPIN-IW(CPI-W). Show all posts
Showing posts with label AICPIN-IW(CPI-W). Show all posts

Wednesday, January 1, 2014

Expected DA from Jan 2014 - AICPIN for the month of November 2013

Expected DA from Jan 2014 - AICPIN for the month of November 2013

Consumer Price Index Numbers for Industrial Workers (CPI-IW) November 2013

According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for November, 2013 rose by 2 points and pegged at 243(two hundred and forty three). On 1-month percentage change, it increased by 0.83 per cent between October and Novembert compared with 0.46 per cent between the same two months a year ago.

The largest upward pressure to the change in current index came from Food group contributing 2.23 percentage points to the total change. At item level, Rice, Wheat, Wheat Atta Milk, Pure Ghee, Garlic, Potato, Tomato and other vegetable items, Tea Readymade etc. are responsible for the rise in index. However, this was compensated to some extent by Groundnut Oil, Fish Fresh, Poultry, Onion, Ginger, Electric Charges, Medicine (Allopathic), Petrol, putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 11.47 per cent for November, 2013, as compared to 11.06 per cent for the previous month and 9.55 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 16.17 per cent against 15.02 per cent of the previous month and 10.85 per cent during the corresponding month of the previous year.

At centre level, Bokaro recorded the highest increase of 11 points each followed by Giridih, Kodarma and Angul-Talcher (9 points each), Munger-Jamalpur (8 points) and Rourkela, Sholapurand Raniganj (7 points each). Among others, 6 points rise was registered in 5 centres, 5 points in 5 centres, 4 points in 8 centres, 3 points in 15 centres, 2 points in 14 centres and 1 point in 12 centres. On the contrary, Surat centre reported a decline of 6 points followed by Amritsar, Bhavnagar and Vadodara (4 points each), Coonoor and Nagpur (2 points each) and Ahmedabad centre I point. Rest of the 4 centres’ indices remained stationary.

The indices of 40 centres are above All-India Index and other 38 centres’ indices are below national average. The index of Tiruchirapally centre remained at par with all-India index.

The next index of CPI-IW for the month of December, 2013 will be released on Thursday, 31 January, 2014.

Source: www.labourbureau.gov.in

Saturday, December 14, 2013

Consumer Price Index Numbers for Industrial Workers - Centre wise CPI(IW) report for the month of October 2013

Consumer Price Index Numbers for Industrial Workers - Centre wise CPI(IW) report for the month of October 2013

 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.

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.

CPI(IW) Base 2001=100 Monthly Index Letter - OCTOBER 2013

CENTRE-WISE CPI(IW)
StateSr. No.CentreSep. 2013Oct. 2013
AP1GODAVARIKHANI243247
 2GUNTUR243244
 3HYDERABAD211212
 4VIJAYAWADA239242
 5VISHAKHAPATANAM247247
 6WARRANGAL252253
ASM7DOOM DOOMA- TINSUKIA200204
 8GUWAHATI204207
 9LABAC- SILCHAR225233
 10MARIANI-JORHAT197202
 11RANGAPARA- TEZPUR190195
BIH12MONGHYR- JAMALPUR244249
CHD13CHANDIGARH239240
CHS14BHILAI272275
DLH15DELHI216218
GOA16GOA247247
GUJ17AHMEDABAD237245
 18BHAVNAGAR223232
 19RAJKOT231235
 20SURAT224231
 21VADODARA226233
HRY22FARIDABAD218221
 23YAMUNANAGAR231233
HP24HIMACHAL PRADESH215217
J & K25SRINAGAR208208
JRK26BOKARO232238
 27GIRIDIH293299
 28JAMSHEDPUR260264
 29JHARIA269274
 30KODARMA270278
 31RANCHI HATIA275281
KNT32BELGAUM249246
 33BENGLURU243246
 34HUBLI DHARWAR255254
 35MERCARRA247245
 36MYSORE252253
KRL37ERNAKULAM229231
 38MUNDAKAYAM255256
 39QUILON242247
MP40BHOPAL245248
 41CHHINDWARA251248
 42INDORE227229
 43JABALPUR237239
MHR44MUMBAI244248
 45NAGPUR274276
 46NASIK247247
 47PUNE242243
 48SHOLAPUR245245
ORI49ANGUL-TALCHER245248
 50ROURKELA254255
PND51PONDICHERRY243242
PUN52AMRITSAR246251
 53JALANDHAR230231
 54LUDHIANA228233
RJN55AJMER238238
 56BHILWARA246247
 57JAIPUR232237
TN58CHENNAI221223
 59COIMBATORE220220
 60COONOOR228230
 61MADURAI220226
 62SALEM223222
 63TIRUCHIRAPALLY236236
TRP64TRIPURA203209
UP65AGRA247249
 66GHAZIABAD241244
 67KANPUR246247
 68LUCKNOW233233
 69VARANASI242245
WB70ASANSOL265269
 71DARJEELING222227
 72DURGAPUR273277
 73HALDIA236236
 74HOWRAH219224
 75JALPAIGURI230236
 76KOLKATA230236
 77RANIGANJ220224
 78SILIGURI225231
  ALL INDIA INDEX 238 241

Source: http://90paisa.blogspot.in/2013/12/consumer-price-index-numbers-for.html

Expected DA from Jan 2014 - AICPIN for the month of October 2013

Expected DA from Jan 2014 - AICPIN for the month of October 2013
Consumer Price Index Numbers for Industrial Workers (CPI-IW) October 2013

Press Information Bureau
Government of India
Ministry of Labour & Employment

29-November-2013 18:49 IST

Consumer Price Index Numbers for Industrial Workers (CPI-IW) October 2013

According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for October, 2013 rose by 3 points and pegged at 241 (two hundred and forty one). On 1-month percentage change, it increased by 1.26 per cent between September and October compared with 0.93 per cent between the same two months a year ago.

The largest upward pressure to the change in current index came from Food group contributing 2.53 percentage points to the total change. At item level, Rice, Wheat Atta, Fish Fresh, Goat Meat, Milk (Cow & Buffalo), Pure Ghee, Onion, Vegetable items, Tea Readymade, Electricity Charges, etc.. are responsible for the rise in index. However, this was compensated to some extent by Groundnut Oil, Ginger, Petrol, putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 11.06 per cent for October, 2013 as compared to 10.70 per cent for the previous month and 9.60 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 15.02 per cent against 13.36 per cent of the previous month and 9.91 per cent during the corresponding month of the previous year.

At centre level, Bhavnagar recorded the highest increase of 9 points each followed by Ahmedabad, Labac Silchar and Kodarma (8 points each) and Vadodara and Surat (7 point each). Among others, 6 points rise was registered in 8 centres, 5 points in 10 centres, 4 points in 8 centres, 3 points in 9 centres, 2 points in 10 centres and 1 point in 11 centres. On the contrary, Belgaum and Chhindwada centres reported a decline of 3 points each followed by Mercara (2 points) and Salem, Hubli Dharwar and Puducherry (1 point each). Rest of the 15 centres’ indices remained stationary.

The indices of 39 centres are above All-India Index and other 38 centres’ indices are below national average.

The next index of CPI-IW for the month of November, 2013 will be released on Tuesday, 31 December, 2013.

Source: www.labourbureau.gov.in

Wednesday, November 13, 2013

Statement of Srikant Kumar Jena on Consumer Price Index

Statement of Srikant Kumar Jena on Consumer Price Index

Press Information Bureau
Government of India
Ministry of Statistics & Programme Implementation
14-October-2013 17:31 IST
Statement of Srikant Kumar Jena on Consumer Price Index

Shri Srikant Kumar Jena, Minister of State (Independent charge), Ministry of Statistics and Programme Implementation announced the release of the monthly provisional Consumer Price Index (CPI) on Base 2010=100 along with annual inflation rates for September 2013, compiled by the Central Statistics Office. Final CPI numbers for the month of August 2013 have also been released.

All India General (all groups) CPI numbers of September 2013 for rural, urban and combined are 137.8, 134.0 and 136.2 respectively.

Provisional annual inflation rate based on all India general CPI (Combined) for September 2013 on point to point basis (September 2013 over September 2012) is 9.84%. The corresponding inflation rates (provisional) for rural and urban areas are 9.71% and 9.93% respectively. Inflation rates (final) for rural, urban and combined for August 2013 are 8.93%, 10.32% and 9.52% respectively.

Provisional annual inflation rates of September 2013 for rural, urban and combined in respect of ‘food and beverages’ are 11.48%, 11.36% and 11.44% respectively.

Source: PIB News

Wednesday, July 31, 2013

AICPIN for June 2013, confirmed 90% DA from July 2013 and also indicates 7% minimum increase in Jan-2014

AICPIN for June 2013, confirmed 90% DA from July 2013 and also indicates 7% minimum increase in Jan-2014

All-India CPI-IW for June, 2013 rose by 3 points and pegged at 231 (two hundred and thirty eight) and expected Dearness Allowance due from July, 2013 is unchanged in respect of previous month expectation of 90% means 10% increase in present DA.  See following table:-

Increase/ Decrease IndexMonthBase Year 2001 = 100Total of 12 MonthsTwelve monthly Average% increase over 115.76 for   DADA announced or will be announced
1Nov-122182490207.5079.25%80%
1Dec-122192512209.3380.83%
2Jan-132212535211.2582.49%82%
2Feb-132232559213.2584.22%84%
1Mar-132242582215.1785.87%85%
2Apr-132262603216.9287.38%87%
2May-132282625218.7588.97%88%
3Jun-132282645220.4290.41%90%
Jul-13Expected DA from July-201390%

Therefore DA from July, 2013 will be 90% and will be announced in September or October in this year.

This 3 point increase in June, 13 AICPIN has also confirmed minimum 7% increase in Dearness Allowance in Jan-2014.  Next two months' AICPIN will give exact figure of expected DA.   This time calculation says that if no any increase occurred in next 6 months in AICPIN the 7% increase in expected DA of Jan-2014 is confirm.  See second table below:-

Increase/ Decrease IndexMonthBase Year 2001 = 100Total of 12 MonthsTwelve monthly Average% increase over 115.76 for   DADA announced or will be announced
2May-132282625218.7588.97%88%
3Jun-132312648220.6790.62%90%
0Jul-132312667222.2591.99%91%
0Aug-132312684223.6793.22%93%
0Sep-132312700225.0094.37%94%
0Oct-132312714226.1795.38%95%
0Nov-132312727227.2596.31%96%
0Dec-132312739228.2597.18%97%
Jan-14
Expected DA from Jan-2014
97%

Now the above table and growth trends in AICPIN and inflation also indicates 100% DA from Jan-2014 and 25% increase in allowance.

DOWNLOAD: EXCEL FILE FOR EXPECTED DEARNESS CALCULATION TO CALCULATE YOURSELF

Source: PIB via http://karnmk.blogspot.in/

Expected DA from July 2013 : AICPIN for the month of June 2013

Expected DA from July 2013 : AICPIN for the month of June 2013

Consumer Price Index Numbers for Industrial Workers (CPI-IW) June 2013

According to a press release issued today by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for June, 2013 rose by 3 points and pegged at 231 (two hundred and thirty one). On 1-month percentage change, it increased by 1.32 per cent between May and June compared with 0.97 per cent between the same two months a year ago.

The largest upward pressure to the change in current index came from Food group contributing 2.98 percentage points to the total change. At item level, Rice, Fish Fresh, Eggs (Hen), Poultry (Chicken), Milk, Onion, Ginger, Chillies Green, Potato, Tomato & other Vegetables, Tea Leaf, Tea (Readymade), Bidi, Cigarette, Electricity Charges, Doctor’s fee, Medicine (Allopathic), Petrol, etc. are responsible for the rise in index. However, this was compensated by Wheat, Groundnut Oil and Mustard Oil putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 11.06 per cent for June, 2013 as compared to 10.68 per cent for the previous month and 10.05 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 14.86 per cent against 13.24 per cent of the previous month and 10.45 per cent during the corresponding month of the previous year.

At centre level, Pune, Bhilai and Guntur recorded the highest increase of 8 points each followed by Jalpaiguri, Asansol, Mumbai, Bokaro, Siliguri and Kanpur (7 points each) and Warrangal and Vijaywada (6 points each). Among others, 5 points rise was registered in 9 centres, 4 points in 8 centres, 3 points in 12 centres, 2 points in 15 centres, and 1 point in 14 centres. On the contrary, a decline of 1 point each was recorded in Amritsar and Coimbatore centres. Rest of the 7 centres’ indices remained stationary.

The indices of 39 centres are above All-India Index and other 38 centres’ indices are below national average. The index of Bhilwara centre remained at par with all-India index.

The next index of CPI-IW for the month of July, 2013 will be released on Friday, 30 August, 2013. The same will also be available on the office website www.labourbureau.gov.in.

PIB News

Wednesday, May 1, 2013

Expected DA from July 2013 - AICPIN for the month of March

Expected DA from July 2013 - AICPIN for the month of March

Consumer price index numbers for industrial workers (CPI-IW) March 2013

According to a press release issued today by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for March, 2013 rose by 1 point and pegged at 224 (two hundred and twenty four . On 1-month percentage change, it increased by 0.45 per cent between February and March compared with 1.01 per cent between the same two months a year ago.

The largest upward contribution to the change in current index came from Food group which increased by 0.84 per cent, contributing 0.82 percentage points to the total change. This was followed by Miscellaneous group with 0.53 per cent increase contributing 0.26 percentage points to the change. At item level, largest upward pressure came from Rice, Wheat & Wheat Atta, Fish Fresh, Goat Meat, Vegetable Green & non-Leafy, Apple, Tea (Readymade), Firewood, Medicine (Allopathic), Private Tuition Fee, Bus Fare, Petrol, etc. However, this was compensated by Mustard Oil, Eggs (Hen), Poultry (Chicken), Onion, Potato and Sugar putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 11.44 per cent for February, 2013 as compared to 12.06 per cent for the previous month and 8.65 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 13.21 per cent against 14.98 per cent of the previous month and 8.16 per cent during the corresponding month of the previous year.

At centre level, Salem recorded the largest increase of 7 points followed by Sholapur and Quilon (6 points each). Among others, 5 points rise was registered in 4 centres, 4 points in 2 centres, 3 points in 4 centres, 2 points in 12 centres and 1 point in 18 centres. On the contrary, a decline of 2 points was reported in Jharia, Chennai, Siliguri, Mariani-Jorhat, Asansol and Kodarma and 1 point in 10 centres. Rest of the 19 centres’ indices remained stationary.

The indices of 34 centres are above All-India Index and other 43 centres’ indices are below national average. The index of Ajmer centre remained at par with all-India index. The next index of CPI-IW for the month of April, 2013 will be released on Friday, 31 May, 2013. The same will also be available on the office website www.labourbureau.gov.in.

PIB

Saturday, April 20, 2013

Method of Calculation of Dearness Allowance and Expected DA Increase from 2013 Calculation of DA(Dearness Allowance) Rates

Method of Calculation of Dearness Allowance and Expected DA Increase from 2013
Calculation of DA(Dearness Allowance) Rates
  •     DA rates for Government employees are to be announced half yearly which will be applicable from first January and First July.
  •     On implementation of Sixth Pay Commission recommendations with effect from 01.01.2006 a new method of calculation of DA (dearness allowance) rates is adopted by Central (including Railways)and State Governments.
  •     DA rates are fixed on the basis of All India Consumer Price Index (AICPI) for industrial workers with Base year as 2001.


Method of Calculation

DA is calculated using the following formulae:
Dearness Allowance = (Avg of AICPI for the past 12 months - 115.76)*100/115.76
(Fractions are ignored)
The figure 115.76 signifies the average of price index from Jan 2005 to Dec 2005.
Example: To calculate Jan 2013 DA rate Price index average from Jan 2012 to Dec 2012 is taken.
AICPI data for Jan 2012 to Dec 2012 as per Labour Bureau, Department Statistics, Government of India website is as follows:
Jan-12198
Feb-12199
Mar-12201
Apr-12205
May-12206
Jun-12208
Jul-12212
Aug-12214
Sep-12215
Oct-12217
Nov-12218
Dec-12219
Total2512
Average209.33

Dearness allowance (01.01.2013)=( 209.33-115.76)*100/115.76=80.83
  • DA  (after ignoring fraction)=80 %
  • So Rate of DA expected from 01.01.2013 is 80 %
  • The rate of increase will be 8% (72% to 80%).
 Source: Indian railway employee

Thursday, March 28, 2013

Expected DA from July 2013 : AICPIN for the month of February 2013

Expected DA from July 2013 : AICPIN for the month of February 2013
 
The Labour Bureau has published the latest analysis of the All India Consumer Price Index (CPI-IW) for the month of February 2013. According to the fresh index data, the price index points raised to 223 from the existing level of 221. The next index of CPI-IW for the month of March, 2013 will be released on Tuesday, 30 April, 2013.
 
The press release said that the largest upward contribution to the change in current index came from Food group which increased by 1.28 per cent, contributing 1.40 percentage points to the total change. This was followed by Miscellaneous and Fuel & Light groups with 0.62 and 0.80 per cent increase respectively contributing 0.27 and 0.11 percentage points to the change. At item level, largest upward pressure came from Rice, Wheat & Wheat Atta, Fish Fresh, Goat Meat, Poultry (Chicken), Milk, Onion, Tea (Readymade), Electricity Charges, Rail Fare, Petrol, etc. However, this was compensated by Root Vegetables and Sugar, putting downward pressure on the index. 
 
The year-on-year inflation measured by monthly CPI-IW stood at 12.06 per cent for February, 2013 as compared to 11.62 per cent for the previous month and 7.57 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 14.98 per cent against 14.08 per cent of the previous month and 5.08 per cent during the corresponding month of the previous year. 
 
At centre level, Belgaum and Munger-Jamalpur centres recorded the largest increase of 7 points each followed by Vijaywada, Tiruchirapally and Jharia (6 points each). Among others, 5 points rise was registered in 5 centres, 4 points in 6 centre, 3 points in 9 centres, 2 points in 14 centres and 1 point in 15 centres. On the contrary, 4 points decline was reported in Coimbatore, followed by Tirpura and Guwahati (3 points each) and 1 point in 7 centres. Rest of the 14 centres’ indices remained stationary. 
 
The indices of 41 centres are above All-India Index and other 36 centres’ indices are below national average. The index of Haldia centre was at par with all-India index.

Tuesday, March 12, 2013

Consumer Price Index Numbers for Industrial Workers

Consumer Price Index Numbers for Industrial Workers

“Consumer Price Index Numbers for Industrial Workers on base 2001=100 are being compiled and maintained by Labour Bureau, Ministry of Labour & Employment in respect of All-India and 78 constituent centres. The All-India Index for CPI-IW is a weighted average index of centres’ indices. These indices are compiled on monthly basis and are released on the last working day of the succeeding month”.

CPI for Industrial Workers
The Labour Bureau compiles and maintains segment specific three different series of Index numbers viz. (i). Consumer Price Index Numbers for Industrial Workers on base 2001=100, (ii). Consumer Price Index Numbers for Agricultural Labourer on base 1986-87=100, (iii). Consumer Price Index Numbers for Rural Labourer on base 1986-87=100.
Besides, the Consumer Price Index encompassing the entire rural and urban population is compiled by the Central Statistics Office, Ministry of Statistics &Programme Implementation.
These indices measure relative changes in prices of selected goods and services consumed by indexed population over a period of time.
 
Consumer Price Index Numbers for Industrial Workers Consumer Price Index Numbers for Industrial Workers on base 2001=100 are being compiled and maintained by Labour Bureau, Ministry of Labour & Employment in respect of All-India and 78 constituent centres. The All-India Index for CPI-IW is a weighted average index of centres’ indices. These indices are compiled on monthly basis and are released on the last working day of the succeeding month.
Consumer Price Index Numbers for Agricultural and Rural Labourers The Labour Bureau is also compiling CPI Numbers for Agricultural and Rural Labourers separately for 20 States and All-India. These indices are released on monthly basis by 20th of every succeeding month.
The all-India CPI for Industrial workers at the beginning of financial year 2012-13, i.e., in the month of April, 2012 was 205 with an increase of 1.99 per cent over the month March, 2012. This rise was mainly on account of Food Items and Vegetables in particular. The next highest increase of 1.92 per cent in the index was recorded during the month of July, 2012, attributed to food items, specifically cereals and vegetables.
In case of CPI-AL/RL, the proportionate change in monthly indices as compared to previous months was reported due to changes (rise/fall) in the prices of food items, particularly cereals & vegetables.
 
The headline inflation used as a macro economic indicator is based on Wholesale Price Index (WPI) compiled by the office of Economic Advisor, Department of Industrial Policy &Promotion, Ministry of Commerce & Industry. Inflation reflecting change in retail prices of goods and services consumed by the working population is measured with the help of CPI (IW). A comparative statement indicating the inflation rates during January, 2012 to January, 2013 in respect of WPI and CPI (IW) is given in the Annexure.
 The Government has undertaken a series of policy measures aimed at curbing inflation. These measures, inter-alia, include appropriate monetary measures intended to have desired impact on the demand side. The monetary policy however had to take into account the overall economic situation as manifested in declining growth rate. Besides, necessary fiscal and administrative measures were undertaken to ensure desired effect on the overall supply situation. Some of the important fiscal and administrative measures are given below:
1. Fiscal Measures:
  •  Reduced import duties to zero in respect of wheat, onion, pulses, crude palmolein etc.
  • Duty-free import of white/raw sugar upto June 30, 2012. Presently the import duty for sugar has been kept at 10 per cent.
2. Administrative measures:
  • Ban on export of onion from time to time depending on the domestic situation.
  • Suspended Futures trading in rice, urad, tur, guar gum and guar seed.
  • Banned export of edible oils (except coconut oil and forest based oil) and edible oils in blended consumer packs upto 5 kg with a capacity of 20,000 tons per annum and pulses (except Kabuli chana and organic pulses and lentils up to a maximum of 10,000 tonnes per annum).
  • Imposed stock limits from time to time in the case of select essential commodities such as pulses, edible oil, and edible oilseeds.
The Minister of State for Labour & Employment Minister Shri Kodikunnil Suresh  gave this information in a written reply  in  Lok Sabha today.
 
ANNEXURE
 
Statement showing Year-on-Year inflation rates during January, 2012 to January, 2013.
 
Sr. No. Month WPI with Base 2004-05 CPI(IW) with base 2001
1 Jan-12 7.23 5.32
2 Feb-12 7.56 7.57
3 Mar-12 7.69 8.65
4 Apr-12 7.5 10.22
5 May-12 7.55 10.16
6 Jun-12 7.58 10.05
7 Jul-12 7.52 9.84
8 Aug-12 8.01 10.31
9 Sep-12 8.07 9.14
10 Oct-12 7.32 9.6
11 Nov-12 7.24 9.55
12 Dec-12 7.18 (Provisional) 11.17
13 Jan-13 6.62 (Provisional) 11.62

PIB

Monday, February 4, 2013

Expected DA from Jan 2013 – AICPIN for the month of December 2012

Expected DA from Jan 2013 – AICPIN for the month of December 2012

Press Information Bureau
Government of India
Ministry of Labour & Employment

31-January-2013 18:34 IST

Consumer Price Index Numbers for Industrial Workers (CPI-IW) December 2012


The All-India CPI-IW for December, 2012 rose by 1 point and pegged at 219 (two hundred and nineteen). On 1-month percentage change, it increased by 0.46 per cent between .November and December compared with (–)1.01 per cent between the same two months a year ago.

The largest upward contribution to the change in current index came from Miscellaneous Group which increased by 1.08 per cent, contributing 0.49 percentage points to the total change. This was followed by Clothing, Bedding & Footwear and Fuel & Light groups with 1.17 and 0.92 percent respectively contributing 0.13 and 0.10 percentage points to the change. At item level , largest upward pressure came from Rice, Wheat Atta, Groundnut oil, Fish Fresh, Goat Meat, Poultry (Chicken), Onion, Tea (Leaf), Tea (readymade),Electricity charges, Firewood, Sweater, E.S.I. contribution, Medicine (Allopathic), Private Tution Fees, us fare, Flower/ Flower Garlands, Tailoring Charges, etc.

The largest downward contribution to the change in current index came from Vegetables & Fruits with a decline of (-) 8.33 per cent contributing (-) 1.21 percentage points to the total change.

The year-on-year inflation measured by monthly CPI-IW stood at 11.17 per cent for December, 2012 as compared to 9.55 per cent for the previous month and 6.49 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 13.53 per cent against 10.85 per cent of the previous month and 1.97 per cent during the corresponding month of the previous year.

At centre level, Hubli Dharwar recorded the largest increase of 10 points followed by Quilon (8 points) and Mundalakkayam and Ernaculam (7 points each) and Mysore (5 points). Among others, 4 per cent rise was registered in 2 centres, 3 points in one centre, 2 points in 11 centres and one point in 12 centres. Doom Dooma Tinsukiya centre reported a decline of 5 points followed by Jalpaiguri and Faridabad 4 points each. Among others 6 centres registered a fall of 3 points, 11 centres registered a fall of 2 points and 13 centres registered a fall of 1 point. Rest of the 14 centres indices remained stationary.

The indices of 37 centres are above All-India Index and other 37 centres’ indices are below national average. The indices of Jabalpur, Bengaluru, Chandigarh and Haldiya remained at par with all-India index.

The next index of CPI-IW for the month of January, 2013 will be released on Thursday, February 28, 2013 and will be uploaded on the office website www.labourbureau.nic.in on the same day.

Monday, December 31, 2012

Expected DA from Jan 2013 : AICPIN for the month of November 2013

Expected DA from Jan 2013 : AICPIN for the month of November 2013
 
Consumer Price Index Numbers for Industrial Workers (CPI-IW) November 2013 
 
The All-India CPI-IW for November, 2012 rose by 1 point and pegged at 218 (two hundred and eighteen). On 1-month percentage change, it increased by 0.46 per cent between October and November compared with 0.51 per cent between the same two months a year ago.
 
The largest upward contribution to the change in current index came from food items which increased by 0.86 per cent, contributing 1.01 percentage points to the total change. At item level, largest upward pressure came from Rice, Wheat Atta, Goat Meat, Milk, Onion, Potato, Tea (readymade), Snack Saltish, etc. The other items like Cooking Gas, Medicine (Allopathic), Bus Fare, Auto Rickshaw Fare, Flower/Flower Garlands, Tailoring Charges, etc. also put upward pressure in total change.
 
The largest downward contribution to the change in current index came from Pulses and Products with a decline of 0.38 per cent, contributing (-) 0.03 percentage points to the total change. However, at item level, vegetable & fruit items like Cauliflower, Radish, Palak, Brinjal and Orange put downward pressure on the index.
 
The year-on-year inflation measured by monthly CPI-IW stood at 9.55 per cent for November, 2012 as compared to 9.60 per cent for the previous month and 9.34 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 10.85 per cent against 9.91 per cent of the previous month and 7.61 per cent during the corresponding month of the previous year.
 
At centre level, Mysore recorded the largest increase of 7 points followed by Vijaywada (6 points) and Guntur, Tiruchirapally, Coimbatore and Bengluru (5 points each). Among others, 4 points rise was registered in 7 centres, 3 points in 10 centres, 2 points in 6 centres and 1 point in 20 centres. Nagpur centre reported a decline of 2 points and other 9 centres registered a fall of 1 point each. Rest of the 19 centres’ indices remained stationary.
 
The indices of 41 centres are above All-India Index and other 36 centres’ indices are below national average. Puducherry’s index remained at par with all-India index.
 
The next index of CPI-IW for the month of December, 2012 will be released on Thursday, January 31, 2012.
 
 – PIB News

Three types of Consumer Price Index Numbers maintained by Labour Bureau

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, (iii) Consumer Price Index Numbers for Rural Labourer on base 1986-87=100.

These index numbers measure a temporal change in prices of fixed basket of goods and services consumed by the target groups and are compiled on the basis of the prices of selected goods and services which are collected every week/month and the weights assigned to them. Weights to the selected items are assigned on the basis of the expenditure incurred on them as revealed by the surveys conducted for the purposes.
The index numbers for centre/state are compiled in several stages i.e. Sub-group, Group and General level. These centre/state level indices are then weighed to work out all-India indices.
The weights (Group / Sub-group wise) under  Consumer Price Index for Industrial Workers on base 2001=100 and Consumer Price Index Numbers for Agricultural Labourer / Rural Labourer on base 1986-87=100 are given at Annexure.
The services like education, health/medicine, transportation are included in the compilation of all three Consumer Price Index Numbers. The details of the weights assigned to services like education, health/medicine, transportation, etc. are given in Annexure.
There is substantial increase in the weights attached to services like education, health/medicine, transportation in successive series of Consumer Price Index number for Industrial Workers which is revealed from the statement given below:
1. Consumer Price Index numbers for Industrial Workers on base 2001=100
Group/Sub-group Weights Percentage increase / decrease
Base 1982=100 Base 2001=100
Medical Care
2.59
4.56
76.06
Education, Recreation & Amusement
3.14
6.18
96.82
Transport & Communication
2.65
4.87
83.77
Personal Care & Effects
3.31
4.22
27.49

2.  For Consumer Price Index Numbers for Agricultural Labourer / Rural Labourer on base 1986-87=100, there was no separate sub-groups in respect of Education, Health / Medicine and Transportation in the previous series i.e. 1960-61=100. However, the weights assigned to them during the current series i.e. 1986-87=100 are as under:

Group/Sub-group Weights
AL RL
Medical Care 4.38 4.23
Education, Recreation & Amusement 0.94 0.99
Transport & Communication 1.67 1.80
Personal Care & Effects 2.04 2.28

The Union Labour & Employment Minister Shri Mallikarjun Kharge gave this information in a written reply  on 27th August, 2012.

Annexure

All India weights Group / Sub group wise for Consumer Price Index Number  for Industrial Worker on base 2001=100 and Consumer Price Index Number for Agricultural & Rural Labourers on base 1986-87=100.

Sr.No. Group / Sub group Weight for


CPI-W
2001-100
CPI-AL
1986-87=100
CPI-RL
1986-87=100
I Food Group



Cereals and Products 13.48 40.94 38.15

Pulse and Products 2.91 3.39 3.40

Oil and Fats 3.23 3.83 3.79

Meat, Fish and Eggs 3.97 3.10 3.31

Milk and Product 7.31 3.74 3.94

Condiments and Spices 2.57 4.12 3.92

Vegetable and Fruits 6.05 5.06 5.05

Other food 6.68 4.97 5.21

Total Food Group 46.20 69.15 66.77

Pan, Supari, tobacco and intoxicants 2.27 3.79 3.70
II Fuel and Light 6.43 8.35 7.90
III Housing Group 15.27 - -
IV Clothing, Bedding and Footwear 6.57 6.98 9.76
V Miscellaneous



Medical Care 4.56 4.38 4.23

Education, Recreation and Amusement 6.18 0.94 0.99

Transport and Communication 4.87 1.67 1.80

Personal Care and Effects 4.22 2.04 2.28

Others 3.43 2.70 2.57

Total Miscellaneous Group 23.26 11.73 11.87

Total 100 100 100

Source: Central Government News

Friday, November 16, 2012

Central Government staffs may get 8% D.A. from January 2013

Central Government staffs 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 will remain same and the next three months figure remains static at 215, the total D.A. will be 80% of pay as on 01.01.2013.
 
If the figure increases 1 point each in the coming three months, the D.A. will still be 8%.
 
If the figure increases 2 point each in the coming three months, the D.A. will then be be 9%, which is not very likely.
 
So we predict a 8% rise in D.A. for Central Govt. employees with effect from January 2013.
 

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