GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU
Shram Bureau Bhawan, Block No. 2,
Institutional Area, Sector 38 (West),
Chandigarh — 160036
F.No. 5/1/2021-CPI Dated: 05.08.2024
Press Release
Consumer Price Index for Industrial Workers (2016=100) — June, 2024
1. Labour Bureau, an attached office of the M/o Labour & Employment, has been compiling Consumer Price Index for Industrial Workers every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country. The index for the months of June, 2024 is being released in this press release.
2. The All-India CPI-IW for June, 2024 increased by 1.5 point and stood at 141.4 (one hundred forty one point four).
3. Year-on-year inflation for the month of June, 2024 moderated to 3.67% as compared to 5.57% in June, 2023.
Now the price rise in market at present on essential commodities and medecine as well as vegitable which are daily consumables so also Grocery items is sky high in comparison of previous months. So I think the price index is matching to this to consider increase of DA and DR of Employees and Pensioners respectively.The DA and DR should be hiked minimum 5 pc according to present maket price.