AICPIN For The Month Of November 2019: Dearness Allowance From January 2020
AICPIN for the month of November 2019 – Press Release gave by the Department of Labor Bureau and the equivalent is repeated and given underneath for your data…
Government of India
Ministry of Labour & Employment
Dated: 31st December 2019
Consumer Price Index for Industrial Workers (CPI-1W) – November, 2019
The All-India CPI-IW for November 2019 increased by 3 points and pegged at 328 (three hundred and twenty-eight). On 1-month percentage change, it increased by (+) 0.92 per cent between October and November 2019 whereas no change observed during corresponding months of last year.
The maximum upward pressure to the change in current index came from Food group contributing (+) 1.98 percentage points to the total change. At item level, Rice, Arhar Dal, Moong DaI, Urd Dal, Goat Meat, Poultry Chicken, Milk Cow, Garlic, Onion, Cabbage, Carrot, Green Coriander Leaves, Lady Finger, Potato, Hot Drink- Tea Readymade, Cooking Gas, Fire Wood. Etc. are responsible for the increase in index.
However, this increase was checked by Fish Fresh, Chillies Green, Ginger, Banana, Cauliflower, Coconut, French Beans, Gourd, Lemon, Orange, Peas, Radish, Tomato, Electricity Charges, Toilet Soap, etc., putting downward pressure on the index. The year-on-year inflation based on all-items stood at 8.61 per cent for November 2019 as compared to 7.62 per cent for the previous month and 4.86 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 9.87 per cent against 8.60 per cent of the previous month and (-) 1.57 per cent during the corresponding month of a year ago.
At centre level, Rourkela observed the maximum increase of 14 points followed by Kodarma (12 points), Madurai (9 points) and Salem (8 points). Among others, 7 points increase was observed in 3 centres, 6 points in 4 centres, 5 points in 6 centres, 4 points in 7 centres, 3 points in 10 centres, 2 points in 11 centres and 1 point in 15 centres. On the contrary, Chhindwara and Kanpur recorded a maximum decrease of 3 points each followed by Ahmedabad and Jaipur (2 points each). Other 4 centres observed a fall in the index by 1 point. Rest of 10 centres’ indices remained stationary. The indices of 31 centres are above All-India Index and 46 centres’ indices are below the national average. The index of Warangal centre remained at par with All-India Index.
The next issue of CPI-IW the month of December 2019 will be released on Friday 31st January. 2020. The same will also be available on the office website www.labourbureaunew.gov.in.
For PDF of PRESS RELEASE- Please Click Here
(AMRID LAL JANGID)
According to the development schedule, the insights of All India Consumer Price Index (AICPI) for the long stretch of November 2019 might be distributed on 31st December 2019 by the Labor Bureau. The beneath table indicated the date of distributing AICPIN ahead of time.
The index is an important element to determine the percentage of Dearness allowance (DA) to Government employees with effect from 1.1.2020. To finalize the additional percentage of Dearness allowance (DA and DR) from January 2020 to CG employees and pensioners, need 6 months’ AICPIN form July to December 2019. Centre already released the data for the months from July to October. And for the 5th month of November data has been published on 31.12.2019.
Dearness Allowance (DA) from January 2020 – All Central government employee will get 4% to confirm Dearness Allowance from January 2020 and If CPI(IW) increases more then government employee can have 5% da from January 2020.