Tuesday 1 May 2012

The Govt may hike up more D.A. from July,2012 on the basis price index



New Delhi, May  1, 2012:   All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of March, 2012 increased by 2 points and stood at 201 (two hundred one).
During March, 2012, the index recorded maximum increase of 7 points each in Bhilwara,Vijaywada  and  Salem centres, 6 points each in Belgaum, Ajmer, Ghaziabad and Mundakkayam centres, 5 points in 3centres, 4 points in 6 centres, 3 points in 12 centres, 2 points in 19 centres and 1 point in 19 centres. The index decreased by 2 points in Tripura centre and 1 point each in Darjeeling, Sholapur and Puducherry centres, while in the remaining 8centres the index remained stationary.

The indices in respect of the six major centres are as follows :
1. Ahmedabad  -201,  2. Bangalore-206,  3. Chennai-187,  4. Delhi-185,  5. Kolkata-190 and  6. Mumbai-204
The point to point rate of inflation based on CPI-IW(General) for the month of March, 2012 is 8.65% as compared to 7.57% in February, 2012. Inflation based on Food Index attained the level of 8.16% in March, 2012 as compared to 5.08% in February, 2012.
The CPI-IW for April, 2012 will be released on the last working day of the next month, i.e. 31st May, 2012.

source:tkbsen.com

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