Latest Posts

Loading...

Monday, April 30, 2012

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?
ANNEXURE-I
New series of Consumer Price Index (CPI)  - All India weights

Sub-Group/Group
Rural
Urban
Combined    (Rural + Urban)
Cereals and products
19.08
8.73
14.59
Pulses and products
3.25
1.87
2.65
Milk and milk products
8.59
6.61
7.73
Oils and fats
4.67
2.89
3.90
Egg, fish and meat
3.38
2.26
2.89
Vegetables
6.57
3.96
5.44
Fruits
1.90
1.88
1.89
Sugar etc
2.41
1.26
1.91
Condiments and spices
2.13
1.16
1.71
Non- alcoholic beverages
2.04
2.02
2.03
Prepared meals etc
2.57
3.17
2.83
Pan, tobacco  and Intoxicants
2.73
1.35
2.13
Food, beverages and tobacco
59.31
37.15
49.71




Fuel and light
10.42
8.40
9.49




Clothing and bedding
4.60
3.34
4.05
Footwear
0.77
0.57
0.68
 Clothing, bedding and footwear
5.36
3.91
4.73




Housing
-
22.53
9.77




Education
2.71
4.18
3.35
Medical care
6.72
4.34
5.69
Recreation and amusement
1.00
1.99
1.43
Transport and communication
5.83
9.84
7.57
Personal care and  effects
3.05
2.74
2.92
Household requisites
4.48
3.92
4.30
Others
1.12
0.99
1.06
Miscellaneous
24.91
28.00
26.31




All Groups
100.00
100.00
100.00

ANNEXURE-II
Statement showing All India Group/Sub-group Consumer Price Index Numbers for Industrial Workers on base 2001=100  for the period September, 2011 to February, 2012.

Group/Sub-group
Sep` 2011
Oct` 2011
Nov` 2011
Dec` 2011
Jan` 2012
Feb` 2012

Food Sub-Groups






(a)
Cereals & Products
185
186
187
186
186
186
(b)
Pulses & Products
221
227
226
225
225
224
(c)
Oils & Fats
230
229
227
229
239
241
(d)
Meat, Fish & Eggs
240
242
246
247
252
252
(e)
Milk & Products
212
215
216
219
219
221
(f)
Condiments & Spices
236
239
235
222
211
204
(g)
Vegetables & Fruits
221
232
224
186
179
187
(h)
Other Food
197
199
202
205
205
206
I-A
FOOD GROUP
209
212
212
207
206
207
I-B
PAN, SUPARI, TOBACCO & INTOXICANTS
193
195
196
198
200
201
II
FUEL & LIGHT
190
192
192
194
196
198
III
HOUSING
223
223
223
223
231
231
IV
CLOTHING, BEDDING & FOOTWEAR
155
157
158
159
160
161

Miscellaneous Sub-groups






(a)
Medical Care
165
166
166
174
175
175
(b)
Edu. Rec. & Amusement
153
153
149
144
144
144
(c)
Transport & Communication
193
195
196
198
199
199
(d)
Personal Care & Effects
161
163
164
166
168
168
(e)
Others
178
180
181
182
183
184
V
MISCELLANEOUS GROUP
169
170
170
171
171
172

GENERAL INDEX
197
198
199
197
198
199
 Source : PIB release, April 30, 2012



No comments:

Post a Comment