BASE YEAR FOR NEW RETAIL INFLATION SERIES FOR INDUSTRIAL WORKERS SHIFTED TO 2016
CENTRAL TRADE UNIONS LED BY AITUC STRONGLY DECRY THE GOVT DECISION
2020-10-26 09:57
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The union government decision on October 22 to launch the new series for retail inflation for industrial workers shifting the base year to 2016 from 2001 has come suddenly to the central trade unions. They are still studying the implications of the Government decision. The centre, however, said that dearness allowance, which is linked to the Consumer Price Index for Industrial Workers (CPI-IW), will remain unchanged for now. But it may undergo change in future, indications were given.