AICPIN-IW for the Month of October, 2010
All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of October, 2010 increased by 2 points and stood at 181 (one hundred and eightyone).
During October, 2010, the index recorded an increase of 11 points in Kodarma centre, 7 points in Giridih centre, 6 points in Mercara centre, 5 points each in Bhilwara and Ghaziabad centres, 4 points each in 4 centres, 3 points in 4 centres, 2 points in 12 centres and 1 point in 32 centres. The index decreased by 2 points in Ludhiana centre, 1 point in 3 centres, while in the remaining 17 centres the index remained stationary.
The maximum increase of 11 points in Kodarma centre is mainly on account of increase in the prices of Rice, Wheat, Fish Fresh, Milk, Onion, Garlic, Vegetable & Fruit items, etc. The increase of 7 points in Giridih centre is due to increase in the prices of Rice, Wheat Atta, Milk, Onion, Vegetable items, etc. The increase of 6 points in Mercara centre is due to increase in the prices of Rice, Goat Meat, Onion, Garlic, Vegetable items, Firewood, etc. The increase of 5 points in Bhilwara centre is due to increase in the prices of Rice, Goat Meat, Milk, Onion, Tea (Readymade), Firewood, Auto Rickshaw Charges, etc. and in case of Ghaziabad centre it is due to increase in the prices of Rice, Wheat Atta, Vegetable items, Tailoring Charges, etc. However, the decrease of 2 points in Ludhiana centre is due to decrease in the prices of Wheat Atta, Arhar Dal, Masur Dal, Moong Dal, Vegetable & Fruit items etc.
The indices in respect of the six major centres are as follows:
1. Ahmedabad 178
2. Bangalore 184
3. Chennai 162
4. Delhi 168
5. Kolkata 177
6. Mumbai 181
The point to point rate of inflation for the month of October, 2010 is 9.70% as compared to 9.82% in September, 2010.
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The DA that will become due from January 2011 will be 6% (six per cent.
indices still are not shy of hovering above 170 and this trend further indicates that the inflation has not been in control for sometime now. On an average the price point increase is between 9-11 and which by no means is going to plummet but spiral up again .Inflation will witness start of a new year with no respite and while inflation is having a common man look for ways to sustain Government has not implemented or come up with any intelligent inflation controlling measures up to now.
The way things are looking up Central/State Govt Servants are not far from getting another bonanza of a 10% percentage hike in Dearness allowance and when gone past 50% some of the other allowances will raise their heads to be hiked by 25%