ALL INDIA CONSUMER PRICE INDEX NUMBERS FOR (IW) 2001=100 FOR AUGUST GOES UP

[PM]

FOR INFORMATION:

AICPIN(IW) Base 2001=100 FOR THE MONTH OF  AUGUST 2020 GOES UP WITH 2 POINTS.

Dear Friends,  

                  

                            As per release made today  by  Labour Bureau,Ministry of Labour and Employment,Govt of India,the All India Consumer Price Index Numbers (AICPIN) for Industrial workers(IW) Base 2001=100 for the month of August 2020,  stood at 338 points with  increase  of 2  points while compared to July 2020 figure.

              Base Year 2001=100                       1960=100

          July’20       336                              7669.50  

   Aug’20       338                              7715.15       

 

   Based on the current position of AICPIN (IW) the DA payable to Workmen/Officers for Nov,Dec & Jan’21 may have  increase of 12 slabs if same level is continued in Sept too. Please note that exact position may be known once the index numbers is released by end of current month.

 

30.09.2020

 

[PM]

In continuation of my post on AICPIN(IW) for August 2020: of date 

Sorry for an error crept  in while mentioning projected rise in slabs.

 IT SHOULD BE 39 SLABS instead of 12 as mentioned in the post.

[AJIT SINGH]

Sir please  recalculate the slab (12) I think should be 40 or 39.

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[Hans Raj Manuja]

If CPI(IW) for Sept 2020 continues to be 338 , increase of 12 slabs appears to be wrong . Please recalculate .

I may be wrong but I want to know where did I go wrong .

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[Narendra Goyal]

PM SIR,

WRONG CALCULATION 39 SLAB INCREASE. 

CPI POINTS INCREASE JULY 4, AUGUST 2, SEPTEMBER 3 ( PRESUME).

3 MONTHS AVERAGE= 4+2+3= 3

MULTIPLY= 3×4.9×4.63= 68.47

SLAB = 68.47÷4= 17 SLAB

EXPECTED INCREASE= 17 SLABS 

N.K.GOYAL 

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[Geetha and Anand]

On Wed, 30 Sep 2020 at 7:07 PM, PM <moha...@gmail.com> wrote:

In continuation of my post on AICPIN(IW) for August 2020: of date 

Sorry for an error crept  in while mentioning projected rise in slabs.

 IT SHOULD BE 39 SLABS instead of 12 as mentioned in the post.

For one point raise how many slabs 

On Wednesday, September 30, 2020 at 5:04:50 PM UTC+5:30, PM wrote:

FOR INFORMATION:

AICPIN(IW) Base 2001=100 FOR THE MONTH OF  AUGUST 2020 GOES UP WITH 2 POINTS.

Dear Friends,  

                  

                            As per release made today  by  Labour Bureau,Ministry of Labour and Employment,Govt of India,the All India Consumer Price Index Numbers (AICPIN) for Industrial workers(IW) Base 2001=100 for the month of August 2020,  stood at 338 points with  increase  of 2  points while compared to July 2020 figure.

              Base Year 2001=100                       1960=100

          July’20       336                              7669.50  

   Aug’20       338                              7715.15       

 

   Based on the current position of AICPIN (IW) the DA payable to Workmen/Officers for Nov,Dec & Jan’21 may have  increase of 12 slabs if same level is continued in Sept too. Please note that exact position may be known once the index numbers is released by end of current month.

 

30.09.2020

 

[Hans Raj Manuja]

39 slabs is correct .

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[mohan p]

Dear Friends,

                             I have already,  rectified the projected  slabs as 39 ( instead of 12) in my next mail  after the first post,  itself and you might have seen the same by this time.

Sorry once again for inconvenience caused.

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