DA FORMULA MAY GOING TO BE
CHANGED
New series of Consumer Price Index (Base for calculation of D.A)
under preparation :
Ministry of
Labour and Employment, Government of India has decided to prepare a new series
of Consumer Price Index for Industrial Workers.
For this
purpose, Government has set up a Standing Tripartite Committee (STC) to advise
the Government on issues pertaining to the Consumer Price Index for Industrial
Workers (New Series).
The STC will go into details of various parameters that
are taken into consideration for updation of the base year such as the weighting
diagram, consumption basket, selection of centres, sample size of
establishments for price collection etc.
Government has no specific information about the skilled/semi-skilled worker outsourced by the Central Government /State Governments through contractors not being paid as per the CPI.
However, the
Contract Labour Act, 1970 inter-alia, contains provisions for payment of wages
to these category of workers.
The contract
workers are also entitled to receive minimum wages as notified by the
appropriate Governments from time to time.
This information was given by Minister of State for Labour & Employment Shri Kodikunnil Suresh in the Lok Sabha today in reply to a written question.
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