HomeDearness Allowance

Expected DA: AICPIN for September 2020 as per Base Year 2016 is 118 Points

Expected DA: AICPIN for September 2020 as per Base Year 2016 is 118 Points

The Minister of State (I/C) for Labour& Employment Shri Gangwar has released the maiden AICPIN index with base year 2016 for the month of September, 2020. The Index is compiled for 88 centres and All India.

The All India Consumer Price index for the month of September, 2020 stands at the level of 118 and linking factor for the conversion of new series index to previous series on base 2001=100 is 2.88.

The CPI-IW (2016=100) series replaces the CPI-IW (2001=100) series. The new series is more representative in character and reflects the latest consumption pattern of the industrial workers.

In a special function organised by Labour Bureau on 22.10.2020, Minister of State (I/C) for Labour & Employment Shri Santosh Kumar Gangwar, in the presence of Shri.Apurva Chandra, Secretary L&E and Shri DPS Negi, Senior Labour& Employment Advisor and Director General, Labour Bureau released the new series of Consumer Price Index for Industrial Worker (CPI-IW) with base year 2016, being compiled and maintained by Labour Bureau, an attached office of Ministry of Labour& Employment. The new series of CPI(IW) with base 2016=100 will replace the existing series with base 2001=100

Expected DA: Release of revised index for CPI-IW based on series 2016-100 नई श्रृंखला पर आधारित संशोधित उपभोक्ता मूल्य सूचकांक (सीपीआई-आईडब्ल्यू) जारी

expected-da-aicpin-for-september-2020-as-per-base-year-2016-is-118-points

Click Here to view/download the pdf of CPI (IW) – Monthly Index Letter – September 2020

COMMENTS

WORDPRESS: 3