An important statistical data of All India Consumer Price Index Number (AICPIN) for the month of August 2020 will be released today!
CPI-IW BY 2001=100
The Consumer Price Index for Industrial Workers Base Year of 2001=100 will be published on the last day of every month. Today the Department of Labour Bureau is expected to release the CPI data for the month of August 2020.
Consumer Price Index Numbers for Industrial Workers – CPI(IW) 2001=100
- June 2020: 332
- July 2020: 336
Why Govt employees are so keen on AICPIN?
The only reason is the Dearness Allowance. AICPIN is the key factor for calculating the additional Dearness Allowance for Central and State Government employees.
Expected DA from January 2021
The calculation of ‘Expected Dearness Allowance from January 2021‘ is on second stage!