1st April 2015 CHQ NEWS
...............................................................................................................................................
Press Release
78.2% CASE... THE FILE IS MOVING
It is reported from New Delhi that the revised Cabinet Note has been forwarded by
Establishment Section to Finance Wing of Department of Telecom yesterday.
IDA FROM APRIL 2015:
INCREASE BY 0.2 PERCENT !
The Labour Bureau of India has declared the All India Consumer Price Index (AICPI) for February 2015.
It is 253 points. There is a decrease of one point from the previous month of January.
[Plese ignore the previous posting wherein it was mentioned decrease of 2 points.)
With the above, the IDA from April 2015 can be calculated as under:
AICPI for December 2014: 253 Points
AICPI for January 2015: 254 Points
AICPI for February 2015: 253 Points
______________________________________
Total for the 3 months: 960 Points
Average for 3 months: 253.3 Points
Merged in Pay from 2007: 126.33 Points
Increase over 126.33: 127.00 Points
Percentage of Increase: 100.5
IDA from April 2015: 100.5%
Existing (From Dec.2014) 100.3%
Net Increase 0.2%
……. Order can be expected before 10th April 2015.
WHY IDA INCREASE IS JUST MARGINAL?
Many friends are asking the above question.
According to the Labour Bureau of India, the price of many items like
Rice, Egg, Fish, Onion, Vegetables, Sugar, Petrol, Flowers has decreased.
For details read the Press Release from the Labour Bureau, given below:...............................................................................................................................................
Press Release
Consumer Price Index for Industrial Workers (CPI-IW) – February, 2015
The All-India CPI-IW for February, 2015 decreased by 1 point and pegged at 253
(two hundred and fifty three). On 1-month percentage change, it decreased by (-) 0.39 per cent
between January, 2015 and February, 2015 when compared with the increase of (+) 0.42 per cent
between the same two months a year ago.l
The maximum downward pressure to the change in current index came from Food group
contributing (-) 0.66 percentage points to the total change. At item level, Rice, Eggs (Hen),
Fish Fresh, Onion, Vegetable items, Sugar, Petrol, Flower/Flower Garlands, etc. are
responsible for the decrease in index. However, this decrease was neutralised by Wheat,
Wheat Atta, Arhar Dal, Groundnut Oil, Goat Meat, Tea (Readymade), etc., putting upward
pressure on the index.
The year-on-year inflation measured by monthly CPI-IW stood at 6.30 per cent for February, 2015
as compared to 7.17 per cent for the previous month and 6.73 per cent during the corresponding
month of the previous year. Similarly, the Food inflation stood at 7.42 per cent against 7.81 per cent
of the previous month and 7.56 per cent during the corresponding month of the previous year.
At centre level, Tiruchirapally recorded the highest decline of 7 points followed by Guntur (4 points),
Mysore, Chhindwara, Siliguri and Puducherry (3 Points each) Among others, 2 points decrease
was observed in 15 centres and 1 point in 18 centres. On the contrary, Belgaum and Kodarma
centres reported a highest increase of 3 points each followed by Kanpur, Bokaro and Doom-Dooma
Tinsukia (2 points each). Among others 1 point increase was observed in 13 centres.
Rest of the 21 centres’ indices remained stationary.
The indices of 37 centres are above All India Index and other 40 centres’ indices are below
national average. The index of Vishakhapatnam centre remained at par with all-India index.
The next index of CPI-IW for the month of March, 2015 will be released on Thursday,
30th April, 2015. The same will also be available on the office website www.labourbureau.gov.in.
No comments:
Post a Comment