7th CPC AICPIN

7th CPC AICPIN

7th Pay Commission CPI(IW) BY 2001=100

Updated News about AICPIN

AICPIN : ALL INDIA CONSUMER PRICE INDEX NUMBERS

Consumer Price Index Numbers for Industrial Workers on Base 2001=100

The CPI (IW) index is most familiar among Central Government employees and Pensioners. Because of the index is the key factor to determine the percentage of Dearness allowance.

Every month Labour Bureau is being released the statistics of CPI (IW) through its official portal. In the last working day of every month, the Labour Bureau is released the AICPIN of succeeding month.

What is AICPIN?

AICPIN is a statistical number factor to determine many things in economic sector. The full form is All-India Consumer Price Index Numbers. And also called Consumer Price Index for Industrial Workers (Base Year 2001=100).

What is Linking Factor?

The base year of the AICPIN was changed in 2006. The Base year change from 1982=100 to 2001=100. The connecting factor is called linking factor. The linking factor between 1982 and 2001 Series for the All-India is 4.63 .

The 6th pay commission had recommended to change the series of AICPIN from 1982=100 to 2001=100.  The 7th pay commission recommended to continue the same.

What is Fitment Factor?

Fitment factor is the average AICPIN of 12 months. Last year of the 6th CPC tenure is 2015 (2006 to 2016). So, the average index of the year 2015 is fitment factor (261.42).

The list of AICPIN from Janauary 2016 is compiled and given below…

Related updates:

The 7th Pay Commission has recommended that there is no change in CPI(IW) BY 2001=100, while determining the percentage of Dearness allowance for Central Government Employees and Pensioners.

Calculation of Fitment Factor : 12 Months average for the year 2015 = 261.42

Consumer Price Index Numbers for Industrial Workers on Base 2001=100 CPI(IW) Base 2001=100 Monthly Index Letter – November 2017