Which of the following brings out the ‘Consumer Price Index Number for Industrial Workers’?
✓ Correct answer: c) The Labour Bureau
ExplanationThe Consumer Price Index for Industrial Workers (CPI-IW) is compiled and released by the Labour Bureau which operates under the Ministry of Labour and Employment, Government of India.CPI-IW measures inflation and changes in the cost of living for industrial workers across various sec- tors.It serves as a benchmark for revising wages, dearness allowance (DA), and social security benefits for workers and government employees.The Labour Bureau publishes CPI-IW monthly based on data collected from major industrial centers across India.The Labour Bureau has been compiling the CPI-IW since 1944, with revisions to the base year occurring periodical- ly (e.g., 2001=100, 2016=100) to reflect changing consumption patterns.113
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