Expected DA Calculation for the month of May 2021
All India Consumer Price Index Number (AICPIN) for the month of May 2021 has been released by the Labour Bureau and the index is increased by 0.5 points and stands at 120.6. The press release is given below.
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
DATED: 30th June 2021
Consumer Price Index for Industrial Workers (2016=100) – May 2021
The Labour Bureau, an attached office of the M/o Labour & Employment, has been compiling Consumer Price Index for Industrial Workers every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country. The index is compiled for 88 centres and All-India and is released on the last working day of succeeding month. The index for the month of May, 2021 is being released in this press release.
The All-India CPI-IW for May, 2021 increased by 0.5 points and stood at 120.6 (one hundred twenty and point six). On 1-month percentage change, it increased by 0.42 per cent with respect to previous month compared to an increase of 0.30 per cent recorded between corresponding months a year ago.
The maximum upward pressure in current index came from Food & Beverages group contributing 0.35 percentage points to the total change. At item level, Rice, Arhar Dal, Masur Dal, Fish Fresh, Goat Meat, Eggs-Hen, Edible Oil, Apple, Banana, Jamun, Papaya, Potato, Tomato, Brinjal, Cabbage, French Bean, Garlic, Onion, Sugar White, Tea-leaf, Cooking Gas, Kerosene Oil, Mobile Telephone Charges, Petrol, etc. are responsible for the rise in the index. However, this increase was mostly checked by Leech, Mango, Water Melon, Bitter Gourd, Lady’s Finger, Lemon, Parwal, Torai, Tamarind, etc. putting downward pressure on the index.
At centre level, Coonoor recorded a maximum increase of 4.1 points followed by Udham Singh Nagar with 3.6 points. Among others, 4 centres observed an increase between 2 to 2.9 points, 18 centres between 1 to 1.9 points and 41 centres between 0.1 to 0.9 points. On the contrary, Bhilwara recorded a maximum decrease of 1.2 points followed by Amritsar with 1 point. Among others, 17 centres observed a decline between 0.1 to 0.9 points. The rest of 4 centres remained stationary.
Year-on-year inflation for the month stood at 5.24 per cent compared to 5.14 per cent for the previous month and 5.10 per cent during the corresponding month a year before. Similarly, Food inflation stood at 5.26 per cent against 4.78 per cent of the previous month and 5.88 per cent during the corresponding month a year ago.
The next issue of CPI-IW for the month of June 2021 will be released on Friday 30th July 2021. The same will also be available on the office website www.labourbureaunew.gov.in.
(Shyam Singh Negi)