Postmen help determine consumer price index - NEWS
He said
in rural areas, two different kinds of surveys are being conducted by the
postal employees. One involves the cost survey of rice, wheat, sugar and kerosene
provided to below poverty line (BPL) card holders or other customers
under public
distribution system (PDS).
The
second is the survey of articles being sold in the selected rural areas. Yadav
added that around 248 products like pulses, various milk products, oil, meat,
fish, rice, wheat, cereals, corn, vegetables, fruits, sugar, honey, spices,
tea, coffee, tobacco, beetle nut, fuel, shoes, cosmetics, clothes, bed sheets,
mosquito net, medicines, tutor fee, sports material, phone charges, stationary,
and various other domestic products and services are covered in the survey.
Giving
the reasons for the involvement of rural areas in the index list, Yadav said:
"CPI is a medium to find the rate of inflation. Earlier, inflation was
calculated on the basis of the cost price of the products sold in the urban
areas. However, around 70 per cent of the population lives in rural areas and
markets are flourishing in these areas as well. So, there was a need to include
the cost price of the articles sold in the rural market." Survey is done
every month and finally the data is uploaded on the CSO website by the postal
department.
The data
collection work is going in 20 selected post offices in Allahabad Allahabad
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