AICPIN for the month of September, 2011

All-India Consumer Price Index Numbers for Industrial Workers on Base 2001=100 for the month of September, 2011.

We all know, AICPIN (All-India Consumer Price Index Numbers for Industrial Workers on Base 2001=100) is the main source to calculate Dearness allowance for Central Government employees and Pensioners. Ministry of Labour Bureau will release the AICPIN for the month of September in one or two days. The prices of 24 essential commodities from 78 selected cities in over all India has been taken into account for calculating the price index. The food prices higher compared to last month, hence the indices will increase substantially.

If the index number goes high, more than 196, the additional dearness allowance could be increased by 4 per cent. Now the existing rate is 58%.

Source: www.cgstaffnews.com