According to the information
furnished by the Ministry of Statistics and Programme
Implementation, the Central Statistics Office (CSO) has released a new Consumer
Price Index (CPI) on 18th February, 2011 with 2010 = 100 as the base
year. The new index covers both rural and urban areas.
The CPIs for Industrial Workers,
Agricultural Labourers and Rural Labourers reflect change in price level
of goods and services consumed by these population segments. The new series is
broad based and covers the entire rural and urban population.
In the new series consumption patterns
have been derived from the results of the Consumer Expenditure Survey conducted
by the National Sample Survey Office during 2004-05. All India weights for
Rural, Urban and Combined used in the survey are given in Annexure. Food group
weights in all-India CPI (Rural), CPI (Urban) and CPI (Combined) are 59.31%,
37.15% and 49.71% respectively. Remaining weights are for non-food groups i.e.
housing, fuel & light, clothing & footwear and miscellaneous
group.
This information was given by Minister of Labour and Employment Shri Mallikarjun Kharge in reply in reply to a written
question regarding the details of Consumer Price Index (CPI) of food articles in urban
and rural areas during the current financial year; whether a new CPI is being
prepared by the Government; if so, the additional benefits this system is
estimated to yield; and the extent of representation each factor would be given
in the new CPI and the basis thereof?
