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Friday, September 6, 2013

Consumer Price Index Numbers for Industrial Workers (CPI-IW) New Series 2013-14=100


http://labourbureau.nic.in/CPI_IW_New_Series_2013.htm

Standing Tripartite Committee

The Index Review Committee (IRC) headed by Prof. G.K. Chadha recommended for constitution of a Standing Tripartite Committee (STC) of all the stakeholders.  Accordingly Ministry of Labour & Employment constituted a Standing Tripartite Committee (STC) vide order No. Y-12011/5/2010-ESA(LB), dated 12th January, 2011.


The Terms of Reference of the STC formed are as follows: 


            The Standing Tripartite Committee will                

{i}       examine the various aspects of the base year revision of Consumer Price Index Number Series for Industrial Workers {CPI-IW} including the selection of Centres, sample size, sampling design, methodology for deriving the weighting diagram and linking factor;

{ii}      examine the method of price collection procedures and machinery of price collection;

{iii}     examine the centre specific weighting diagrams for all the centres, selection of base year, compilation of base year prices, trial indices; and

{iv}     consider any other relevant issue{s}/matter as may be necessary.
  Group of Technical Advisory Committee on Statistics of Prices and Cost of Living  (TAC on SPCL):
Ministry of Statistics & Programme Implementation on request of Labour Bureau has constituted a small group of TAC on SPCL vide their office memorandum No. M-11011/4/2012-NAD(PCI), dated 14th February, 2013.  The terms of reference of the small group shall be as follows:

The Group will:

(i)                 Examine all the technical issues relating to conduct of Working Class family Income & Expenditure Survey (WCFIES);

(ii)               Examine the centre specific weighting diagrams for all the centres, selection of base year, compilation of base year prices, trial indices and computation of linking factors etc;

(iii)             Consider any other issue (s) matter relating to revision of CPI(IW) as may be felt necessary;

(iv)             Submit its recommendations to the TAC on SPCL, within three years from the date of notification, for its consideration and approval.

DA & CPI UNDER ATTACK

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