Find the current month (October 2019) All India Consumer Price Index Number as per the formula to calculate the new IDA rates, check AICPIN table for CPI numbers for industrial workers…
AICPIN is the statistical number factor that helps in determining many things in the economic sector, Al India Consumer Price Index Numbers, even so called as the Consumer Price Index for Industrial Workers (Base Year 2001=100).
Where can you find AICPIN?
In order to find item wise AICIPIN details, you can simply head over to the Indian government’s website data.gov.in, and you will find all the details, However, to make it easy for you, you can get the month wise and price index number details for the current and old months for commercial and non-commercial at this website.
From the website, choose the month and then select the download type, and you can download the file in multiple formats like XML, JSON, XLS, and so on. Simply choose your preferred option, and select the purpose for downloading the file for list of item wise index numbers.
Also, you should know that Consumer Price Indices (CPI) measure changes over time in the general level of prices of goods and services that households acquire for the purpose of consumption, and the AICPIN numbers in the table are widely used as a tool by governments and central banks for different purposes and how the economy is performing in the current situation.
AICPIN Table for Month Wise Consumer Price Numbers
After releasing of the above Consumer price index numbers by labour bureau of India, one can know the AICPIN numbers (as per the new CPI for industrial workers) in the table and then calculate the new CDA / IDA rates to be revised on employees salary.