Which of the following brings out the ‘Consumer Price Index Number for

Which of the following brings out the ‘Consumer Price Index Number for Industrial Workers’?

[amp_mcq option1=”The Reserve Bank of India” option2=”The Department of Economic Affairs” option3=”The Labour Bureau” option4=”The Department of Personnel and Training” correct=”option3″]

This question was previously asked in
UPSC IAS – 2015
The correct option is C. The Labour Bureau brings out the ‘Consumer Price Index Number for Industrial Workers’ (CPI-IW).
– In India, Consumer Price Indices (CPI) measure changes over time in the retail prices of goods and services which working-class families consume.
– The Labour Bureau, an attached office of the Ministry of Labour & Employment, compiles CPI for Industrial Workers (CPI-IW), Agricultural Labourers (CPI-AL), and Rural Labourers (CPI-RL).
– The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), compiles the All India CPI (Rural, Urban, and Combined).
CPI-IW is particularly important as it is used for determining dearness allowance for central government employees and workers in the organised industrial sector.
Exit mobile version