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CENTRAL GOVT EMPLOYEES NEWS

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LATEST CENTRAL GOVERNMENT EMPLOYEES NEWS
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Freezing of Dearness Allowance and Dearness Relief – Finmin Orders 2020
DA Loss Calculation Table 2020

LATEST CENTRAL GOVERNMENT PENSIONERS NEWS
Annual Increment Due on 1st July to the Employees Retiring on 30th June
Notional Increment on the Day of Superannuation
FR 56(j) of CCS (Pension) Rules age of 50 years or on Completion of 30 years of Service
Coverage under CCS (Pension) Rules CG employees appointment before and after 01-01-2004

Central Govt release – New series of Consumer Price Index from February 2015

January 23, 2015

New series of Consumer Price Index from February 2015

According to the news paper report, the Central Govt to release new series of CPI inflation in February…

To present a more accurate and realistic price situation, the government will release next month a new series of Consumer Price Index (CPI) with 2012 as base year for computing retail inflation rate.

The Central Statistics Office (CSO) is in the process revising the Base Year from 2010=100 to 2012=100 so that the gap between Price Reference Year (Base Year) and the Weight Reference Year has been minimised. The first series (revised) would be compiled for January which will be released on February 12 and from January 2016 onwards, inflation rates would be compiled using the actual CPI of the revised series.

Besides, the government has notified a number of methodological improvements have been introduced in the revised series. Prices of Antyodaya Anna Yojanna (AAY) have also been included in addition to Above Poverty Line (APL) & Below Poverty Line (BPL) prices being taken in the existing series.

Central Government Offices Holidays 2021

The weight of food and beverages would be 45.86 in the new series compared to 47.58 in 2010 series for national index. The weight of fuel and light segment would be 6.84 in the new series which is 9.49 in the 2010 series. The weight of clothing and footware segment would be increased to 6.53 from 4.73.

The weight of housing will also be increased to 10.07 from 9.77. Further, the weight of pan, tobacco and intoxicants will be increased to 2.38 from 2.13 in 2010 series. Similarly the weight of miscellaneous will also be increased to 28.32 from 26.31 in the new series.

The number of priced items has been changed from 437 to 448 in rural and from 450 to 460 in urban at all India level. In the revised series, 11 new priced items have also been added, without dropping any item, in rural sector at all India level. In case of urban, 7 priced items have been dropped and 17 new priced items have been added.

Related News:

  1. AICPIN for the month of August 2014 – 1 Points increased and stands at 253
  2. AICPIN for September 2014 – CPI Stands at 253
  3. Expected DA from Jan 2015 – Comparison of DA Calculation from 2006 to 2014
  4. 7th CPC DA Calculation – Important factor of AICPI (IW) BY 2001 continue or not..?
  5. AICPIN for the Month of October 2014 – Labour Bureau Press Release
  6. AICPIN for the month of November 2014 – No change

ALLOWANCE NEWS

Travelling Allowance – Reimbursement of Travelling Charges Admissible under Daily Allowance on tour

Transport Allowance for Central Govt Employees During Nation-wide Lockdown due to COVID-19 Pandemic

7th Pay Commission Risk Allowance to Central Govt Employees – Dopt Order

7th CPC Night Duty Allowance to Railway Employees w.e.f. 01-07-2017

Review of Cost of Over Time Allowance and Travelling Allowance to Railway Servants

GDS Latest News 2021

Compensation of Rs.10 lakhs to GDS to Cover Death Due to Covid-19

Counting of Service of GDS for Grant of Pension

Provision of Ten lakh to GDS and Postal Employees of Department of Posts due to COVID19 Death

Increase Awareness of Welfare Scheme for Department of Postal and GDS Employees

Revision in Rule 4 of Gramin Dak Sevaks (Conduct and Engagement) Rules, 2020

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