AICPIN February, 2018- Expected DA from July, 2018

-
AICPIN February, 2018- Expected DA from July, 2018

Consumer Price Index for Industrial Workers (CPI-IW)- February, 2018

No. 5/1/2018-CPI
GOVERNMENT OF INDIA 
MINISTRY OF LABOUR & EMPLOYMENT 
LABOUR BUREAU 

`CLEREMONT, SHIMLA-171004 
DATED: 28th March, 2018 

Press Release 

Consumer Price Index for Industrial Workers (CPI-IW) — February, 2018 

The All-India CPI-IW for February, 2018 decreased by 1 point and pegged at 287 (two hundred and eighty seven). On 1-month percentage change, it decreased by (-) 0.35 per cent between January and February, 2018 which was static between the same two months a year back.
 

The maximum downward pressure to the change in current index came from Food group contributing (-) 1.87 percentage points to the total change. At item level, Wheat & Wheat Atta, Gram Dal, Groundnut Oil, Eggs (Hen), Poultry (Chicken), Pure Ghee, Garlic, Onion, Brinjal, Cabbage, Carrot, Cauliflower, Palak, Peas, Tomato, Sugar, Flowers/Flower Garlands, etc. are responsible for the decrease in index. However, this decrease was checked by Rice, Goat Meat, Apple, Banana, Coconut, Tea Leaf, Bidi, Cigarette, Electricity Charges, Kerosene Oil, Medicine (Allopathic), Cinema Charges, Bus Fare, Petrol, Repair Charges, Hair Oil, Hand Bag/Brief Case, Tailoring Charges, etc., putting upward pressure on the index. 

The year-on-year inflation measured by monthly CPI-IW stood at 4.74 per cent for February, 2018 as compared to 5.11 per cent for the previous month and 2.62 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 2.36 per cent against 3.36 per cent of the previous month and 1.71 per cent during the corresponding month of the previous year. 

At centre level, Bokaro reported the maximum decrease of 5 points followed by Mumbai (4 points). Among others, 3 points decrease was observed in 16 centres, 2 points in 14 centres and 1 point in 16 centres. On the contrary, Coimbatore and Jamshedpur recorded a maximum increase of 4 points each followed by Lucknow, Goa and Chennai (3 points each). Among others, 2 points increase was observed in 3 centres and 1 point in 4 centres. Rest of the 18 centres' indices remained stationary. 

The indices of 38 centres are above All-India Index and 37 centres' indices are below national average. The index of Varanasi, Bengaluru and Chandigarh centres remained at par with All-India Index. 

The next issue of CPI-IW for the month of March, 2018 will be released on Friday, 27th April, 2018. The same will also be available on the office website www.labourbureaunew.gov.in. 

Sd/- 
(AMRITLAL JANGID) 
DEPUTY DIRE TOR 


Source:-AICPIN Month February, 2018- Press Release

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 »