Expected DA From Jan 2017: AICPIN for the Month of July, 2016 with 3 Points Increase

-
Expected DA From Jan 2017: AICPIN for the Month of July, 2016 with 3 Points Increase

No. 5/1/2016- CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

`CLEREMONT', SHIMLA-171004
DATED: 31st August, 2016 
Press Release 

Consumer Price Index for Industrial Workers (CPI-IW) — July, 2016 

The All-India CPI-IW for July, 2016 increased by 3 points and pegged at 280 (two hundred and eighty). On 1-month percentage change, it increased by (+) 1.08 per cent between June, 2016 and July, 2016 when compared with the increase of (+) 0.77 per cent between the same two months a year ago. The maximum upward pressure to the change in current index came from Food group contributing (+) 1.65 percentage points to the total change. The House Rent index further accentuated the overall index by (+) 0.86 percentage points. At item level, Rice, Wheat, Wheat Atta, Besan, Black Gram, Gram Dal, Groundnut Oil, Eggs (Hen), Poultry (Chicken), Milk, Chillies Green, Garlic, Onion, Brinjal, Cabbage, Cauliflower, Gourd, Palak, Potato, Pumpkin, Banana, Sugar, etc. are responsible for the increase in index. However, this increase was checked by Fish Fresh, French Beans, Tomato, Electricity Charges, Petrol, etc. putting downward pressure on the index. 

The year-on-year inflation measured by monthly CPI-IW stood at 6.46 per cent for July, 2016 as compared to 6.13 per cent for the previous month and 4.37 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 9.34 per cent against 8.33 per cent of the previous month and 3.21 per cent during the corresponding month of the previous year.

At centre level, Bokaro reported the maximum increase of 11 points followed by Munger-Jamalpur (10 points), Giridih, Agra and Delhi (9 points each). Among others, 7 points increase was observed in 4 centres, 6 points in 10 centres, 5 points in 5 centres, 4 points in 9 centres, 3 points in 8 centres, 2 points in 8 centres and 1 point in 5 centres. On the contrary, Mysore recorded a maximum decrease of 6 points followed by Mundakkayam and Coimbatore (5 points each), and Hubli Dharwar and Emakulam (4 points each). Among others, 3 points decrease was observed in 4 centres, 2 points in 2 centres and 1 point in 5 centres. Rest of the 8 centres' indices remained stationary.

The indices of 33 centres are above All-India Index and other 43 centres' indices are below national average. The indices of Vishakhapathnam and Mundakkayam centres remained at par with All-India Index.

The next issue of CPI-IW for the month of August, 2016 will be released on Friday, 30th September, 2016. The same will also be available on the office website www.labourbureaunew.zov.in.

Sd/-
(SHYA SINGH NEGI)
DEPUTY DIRECTOR GENERAL
   
Index Number
Base Year
All India General Index
June 2016
July 2016
Consumer Price Index Numbers for Industrial Workers - CPI(IW)
2001=100
277
280


June 2016
July 2016
Consumer Price Index Numbers for Agricultural Labourers
1986-87= 100
869
877
Consumer Price Index Numbers for Rural Labourers
1986-87=100
874
881
Source::- labourbureau.nic.in
[http://labourbureau.nic.in/Press_Note_CPI_IW_JULY_2016_EH.pdf]

Comments

Post a Comment

Popular posts from this blog

7th Central Pay Commission will submit Report on 19.11.2015 at 19:30 hours: Official News

-
Image
In Media, the news spread about the Final Seventh Pay Commission Report Submission on 19th November, 2015 or 20th November, 2015. The Seventh Pay Commission has confirmed that the Final Report of the Seventh Pay Commission will be submitted on 19th November, 2015 at 19:30 hours. The Seventh Pay Commission has make latest updates as under: The Commission has completed its deliberations and will submit the report to the Government of India on 19.11.2015 at 19:30 hours  Earlier, Government of India has appointed the Seventh Central Pay Commission comprising Justice Shri Ashok Kumar Mathur as Chairman, Shri Vivek Rae as full time Member, Dr. Ratin Roy as part time Member and Smt. Meena Agarwal as Secretary, in a resolution dated 28th February, 2014.  The Commission is headquartered in Delhi and has been given 18 months from date of its constitution to make its recommendations. To this end the Commission will set up its team of Officers, Advisers, Institutiona...
Read More »

Seventh Pay Commission May Not Lower Retirement Age

-
New Delhi: The Seventh Pay Commission is not likely to take a major decision of the lowering of the retirement age for central government employees to 58 years old, two years earlier than what the present law requires. Since studies show that Indian people reaching the age of 50 years old tend to suffer from a decline of cognitive and physical abilities. That older employees also find it harder to adapt to modern technology, which is must required to develop the nation. The youth people in country have increased and so the pay panel may want to focus on Youth unemployment as, “More retirees would mean more job openings for the youth.”
Read More »

Armed forces agree to implement 7th pay commission

-
The forces argue that the anomalies lower the status and pay parity of forces vis-a-vis their counterparts in the police and civilian administration. New Delhi, September 15: After a week-long difference of opinion over the implement enhanced salaries under the 7th Central Pay Commission pay, the armed forces have heeded the advice of Defence Minister Manohar Parrikar. Chairman of the Chiefs of Staff Committee (CoSC) Air Chief Marshal Arup Raha has issued directions to all service headquarters asking them to issue orders for implementation of the 7th CPC. This means that the soldiers will receive their new salary in their pay for September, payable in October. Parrikar has assured the forces that their four-key demands will be met and issue will be sorted out but the decision of the government has to be implemented. Parrikar assured them that the "anomalies" they pointed out in the 7th CPC would be taken up at the "highest level". Their co...
Read More »