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Cpi Iw

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Variable DA for 1.5 crore workers hiked

The ministry of labour & employment on Friday announced a hike in variable dearness allowance for more than 1.5 crore workers in the central sphere by Rs 105 to Rs 210 per month. The hike, which......

New inflation index to impact DA, 30 mn govt staff to get more pay

However, the hike in salary for government officials may take some time as the Centre had earlier this year decided to put a freeze on any hike in the DA of its employees till July, 2021, owing to......

Bonanza for around 30 mn industrial workers

The Seventh Pay Commission had decided to choose the CPI-IW as the index for adjusting inflation for central government employees. Illustration: Dominic Xavier/Rediff.com Salaries of around 30......

Why it's time to challenge the math on inflation targeting

Inflation targeting framework is now enshrined as a formal agreement by the government and the RBI; thus, it may seem that we are flogging a dead horse, says Soumya Kanti Ghosh. The global......

Inflation and interest rates: What is the Reserve Bank's policy?

A comprehensive technical framework needed, from which a more convincing policy could be demonstrated The December 2 Fifth Bi-Monthly Monetary Policy Statement, 2014-15, from the Reserve Bank of......

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