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Retail inflation for industrial workers eases to 5 14% in April

Retail inflation for industrial workers marginally eased to 5.14 per cent in April compared to 5.64 per cent in March, mainly due to lower prices of certain food items. Year-on-year inflation for the month (April) stood at 5.14 per cent compared to 5.64 per cent for the previous month and 5.45 per cent during the corresponding month of the previous year, the labour ministry said in a statement on Monday. According to the statement, food inflation stood at 4.78 per cent in April against 5.36 per cent in the previous month. The same was at 6.56 per cent in April 2020. The All-India CPI-IW (Consumer Price Index-Industrial Workers) for April 2021 increased by 0.5 points and stood at 120.1 points from 119.6 points in March.

Retail inflation for industrial workers eases to 5 14 per cent in April

Retail inflation for industrial workers eases to 5.14 per cent in April According to the statement, food inflation stood at 4.78 per cent in April against 5.36 per cent in the previous month. The same was at 6. 56 per cent in April 2020. Share Via Email   |  A+A A- By PTI NEW DELHI: Retail inflation for industrial workers marginally eased to 5.14 per cent in April compared to 5.64 per cent in March, mainly due to lower prices of certain food items. Year-on-year inflation for the month (April) stood at 5.14 per cent compared to 5.64 per cent for the previous month and 5.45 per cent during the corresponding month of the previous year, the labour ministry said in a statement on Monday.

Dearness Allowance hike update! Variable DA of Central govt employees hiked, know benefits and other details

Highlights DA hike by Rs 105 to Rs 210 per month. Hike effective from April 1, 2021. New Delhi: The Ministry of Labour & Employment has announced a hike in variable dearness allowance for workers in central sphere by Rs 105 to Rs 210 per month. The hike, which will be effective from April 1, 2021, will also result in an increase in rate of minimum wages for central sphere employees and workers. “At a time when the country is struggling with the second wave of COVID-19 pandemic, in a major relief to different category of workers engaged in various scheduled employments in the central sphere, the Ministry of Labour & Employment, Government of India has notified and revised the rate of Variable Dearness Allowance (VDA) with effect from 1.4.2021,” said an official release.

Labour Ministry gets mandate to seek Aadhaar from beneficiaries under Social Security Code

Labour Ministry gets mandate to seek Aadhaar from beneficiaries under Social Security Code The main purpose of the latest mandate given to the ministry is to facilitate database creation, mainly covering people in informal sectors like migrant workers. Share Via Email   |  A+A A- By PTI NEW DELHI: The Ministry of Labour & Employment has now been mandated to seek the 12-digit unique identification number Aadhaar from people like employees and unorganised sector workers seeking registration, benefits, availing services or receiving any payment under various schemes under the Social Security Code 2020. Aadhaar would not be made mandatory for delivery of services under various social security schemes under the purview of the ministry because Social Security Code 2020 has not been fully implemented so far.

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