Wednesday, May 1, 2013

AI CPI-IW for March at 224, DA from July 2013 to be 89% or more

Labour Bureau, Ministry of Labour & Employment have announced the the All-India CPI-IW for the month of March, 2013 which rose by 1 point and now stands at 224. On 1-month percentage change, it increased by 0.45 per cent between February and March compared with 1.01 per cent between the same two months a year ago. Last two months had  seen a 2 point growth in the index. With this, the Dearness allowance which is calculated based on the CPI-IW is likely to be 89% plus from July 2013. The index for the ...