The All-India CPI-IW for November, 2020 increased by 0.4 points and stood at 119.9 (one hundred nineteen and point nine). On 1-month percentage change, it increased by (+) 0.33 % between October and November, 2020 compared to (+) 0.92 % increase between corresponding months of previous year
|Railways:Regarding Ex-gratia payment Rs.25,00,000|
|AICPIN for the month of November 2020|
|LTC cash voucher scheme Calculator|
|Expected DA from January 2021 Calculator|
|List of Kendriya Vidyalaya Schools 2021|
All India Consumer Price Index Number (AICPIN)
The All-India Consumer Price Index for Industrial Workers (CPI-IW) for October, 2020 increased by 1.4 points and stood at 119.5 (one hundred nineteen and point five).
The base year of price index numbers will be revised at frequent intervals, generally not exceeding 10 years to reflect the changes that take place in the consumption pattern of consumers. It is primarily used to regulate the dearness allowance of government employees and the workers in the industrial sectors. It is also used in fixation and revision of minimum wages in scheduled employments besides measuring the inflation in retail prices. The new index will assign more weight to spend on services such as education, healthcare, housing, travel and transportation, as spending on these items have gone up, as compared to primary items such as food.
The All-India CPI-IW for August, 2020 increased by 2 points and stood at 338 (three hundred and thirty eight). On 1-month percentage change, it increased by (+) 0.60 per cent between July and August, 2020 compared to (+) 0.31 per cent increase between corresponding months of previous year.
The All-India CPI-IW for July, 2020 increased by 4 points and stood at 336 (three hundred and thirty six). On 1-month percentage change, it increased by (+) 1.20 per cent between June and July, 2020 compared to (+) 0.95 per cent increase between corresponding months of previous year.
The next issue of CPI-IW for the month of July, 2020 will be released on Monday 31st August, 2020. The same will also be available on the office website www.labourbureaunew.gov.in