Increased CPI for Industrial Workers
Ministry of Labour & Employment
Increased CPI for Industrial Workers
The Union Labour & Employment Minister Shri Mallikarjun Kharge has informed the Lok Sabha that the Labour Bureau, Ministry of Labour & Employment compiles Consumer Price Index (CPI) for Industrial Workers with base 2001=100 and Consumer Price Index for Agricultural and Rural Labourers with base 1986-87=100.
According to the information furnished by the Ministry of Statistics and Programme Implementation, the Central Statistics Office has released a new Consumer Price Index (CPI) on 18th February, 2011 with 2010 = 100 as the base year. The new index covers both rural and urban areas.
The CPI for Industrial Workers, Agricultural Labourers and Rural Labourers (of Labour Bureau) reflect change in price level of goods and services consumed by these population segments. The new series (of Central Statistics Office) is broad based and covers the entire rural and urban population.In the new series compiled by Central Statistics Office, the consumption patterns have been derived from the results of the Consumer Expenditure Survey conducted by the National Sample Survey Office during 2004-05. All India weights for Rural, Urban and Combined used in the survey are given in Annexure-I. Food group weights in all-India CPI (Rural), CPI (Urban) and CPI (Combined) are 59.31%, 37.15% and 49.71% respectively. Remaining weights are for non-food groups i.e. housing, fuel & light, clothing & footwear and miscellaneous group.
The CPI for Industrial workers (of Labour Bureau) with base 2001=100 has shown an increasing trend for last 6 months i.e. during September, 2011 to February, 2012. The reason for this trend is the rise in the prices of Oils & Fats, Meat, Fish & Eggs, Milk & Products, and Other Food Items. Apart from Food group, other groups like, Pan, Supari, Tobacco & Intoxicants, Fuel & Light, Clothing, Bedding & Footwear, Housing and Services like, Medical Care, Transport & Communication, Personal Care & Effects, and Others have also contributed to the increase. A statement showing All India Group/Sub-Group wise CPI numbers for Industrial Workers on base 2001=100 for the period September, 2011 to February, 2012 is given at Annexure-II.
The Minister was replying to a written question whether a new Consumer Price Index (CPI) is being prepared by the Government; the additional benefits of this system is estimated to yield; the extent of representation each factor would be given in the new CPI and the basis thereof; whether the CPI for industrial workers has shown increasing trend during the last six months; and the reasons therefor?
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