Govt to revise base year of inflation index for industrial workers
- The Consumer Price Index - Industrial Workers (CPI-IW) is used as a benchmark for calculating dearness allowance for government employees, dearness relief for pensioners and wages for industrial workers
NEW DELHI: Industrial workers' salary and government employees’ dearness allowance (DA) are likely to go up as the union government is set to revise the base year of the Consumer Price Index -- Industrial Workers (CPI-IW).
Select your Category
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more