Labour Bureau proposed to revised the current CPI-IW series 2001=100 to CPI-IW 2013-2014=100
Labour Bureau proposed to revised the current CPI-IW series 2001=100 to CPI-IW 2013-2014=100. This is a proposal and recommendation as per the Chadha Committee (Index Review Committee (IRC) headed by Prof. G.K. Chadha) to revise the existing CPI-IW series 2001=100 to a more recent base year preferably, 2013-2014=100… The Index Review Committee (IRC) headed by Prof. G.K. Chadha recommended for constitution of a Standing Tripartite Committee (STC) and accordingly Ministry of Labour & Employment constituted a Standing Tripartite Committee (STC). The detailed information is given in the notification issued by the Labour Bureau. Please click the link to view more details…