Consumer price index numbers for industrial workers on base 1960
The weight assigned to each centre is the proportion of the estimated consumer expenditure of the centre to the aggregate consumer expenditure of all the centres. TAC should also give a procedure for compiling a combined index based on these two indices. The process of selection of centres was done in three stages: The total number of centres 70 was allocated among the factory, mining and plantation sectors in proportion to the total employment in the country. The Commission, therefore, recommends that: It should be mandatory on Labour Bureau and CSO to revise their series preferably every five years, but not later than ten years. The target group is an average working class family belonging to any of the seven sectors of the economy- factories, mines, plantation, motor transport, port, railways and electricity generation and distribution. The number of centres allocated to each sector were then distributed amongst States on the basis of industrial employment in a State subject to a maximum of five centres in a State in that sector. Some of the State Governments, public and private sector undertakings, foreign embassies, etc.
Like Liked by 1 person. The modified scheme envisaged collection of prices initially from a new set of villages and subsequently, from villages with replacement of one-fifth of the sample villages every year. Home The current CPI UNME series with base , introduced in November , derives the weighting pattern from the family living survey conducted during in 59 selected urban centres. The NSSO considered the recommendations of the Group and suggested some modifications in the procedure to be followed for collection of rural retail prices, keeping in view the availability of resources. Download Reports. Miscellaneous Reports.
A rural labourer is defined as one who does manual work in rural areas in agricultural and non-agricultural occupations in return for wages in cash or kind, or partly in cash and partly in kind. These indices are not oriented to reflect a true picture of the price behaviour and effect of price fluctuations of various goods and services consumed by the population in the country, over a period of time. You are commenting using your WordPress. Press Information Bureau. The index covers only manual workers irrespective of their income. Public Grievances. Search form Search.
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Annual Report of Ministry. The NSSO considered the recommendations of the Group and suggested some modifications in the procedure to be followed for collection of rural retail prices, keeping in view the availability of resources. To overcome these difficulties and to complete the revision exercise as per schedule, there is a need to streamline the administrative procedures so as to get the requisite resources such as hardware and manpower, etc. Name required. Create a free website or blog at WordPress. While the first three are compiled and released by the Labour Bureau in the Ministry of Labour, the fourth one is released by the Central Statistical Organisation in the Ministry of Statistics and Programme Implementation. The target group is an average working class family belonging to any of the seven sectors of the economy- factories, mines, plantation, motor transport, port, railways and electricity generation and distribution.
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Please log in using one of these methods to post your comment:. Consumer Price Index Numbers for Industrial workers measure a change over time in prices of a fixed basket of goods and services consumed by Industrial Workers. By continuing to use this website, you agree to their use. The NSSO considered the recommendations of the Group and suggested some modifications in the procedure to be followed for collection of rural retail prices, keeping in view the availability of resources. Will similar benefit be extended to RBI pensioners? Namespaces Page Comments Suggest a concept.
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Tender Notices. Category : Concepts. The index covers only manual workers irrespective of their income. The centres were allocated to different States broadly in proportion to their urban population with the limitation that not more than five centres were allotted to any State. The weight assigned to each centre is the proportion of the estimated consumer expenditure of the centre to the aggregate consumer expenditure of all the centres.
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In pursuance of the recommendation of Rau Court of enquiry, the work of compilation and maintenance was taken over by government in But the work could start only in due to various administrative reasons. Home The NSSO considered the recommendations of the Group and suggested some modifications in the procedure to be followed for collection of rural retail prices, keeping in view the availability of resources. The modified scheme envisaged collection of prices initially from a new set of villages and subsequently, from villages with replacement of one-fifth of the sample villages every year. Centres were selected purposively keeping in view the administrative needs for centre-based indices and adequate representation to geographical areas and industries. The index has a time lag of one month and is released on the last working day of the month.
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A six-monthly house rent survey is conducted by the staff of the Labour Bureau for collection of house rent data for compilation of house rent index, which is revised in January and July every year. TAC should also give a procedure for compiling a combined index based on these two indices. The population of working class families for a State was obtained by dividing the average daily employment in respect of the sectors covered by the average number of earners in the State. Election Commission of India. Tender Notices.
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Consumer price index numbers for industrial workers on base 1960:
Rating: 87 / 100
Overall: 81 Rates