All-India Consumer Price Index Numbers for Agricultural and Rural Labourers – April, 2023

All-India Consumer Price Index Numbers for Agricultural and Rural Labourers – April, 2023

Contents News/Article Date: 19th May 2023

Relating to which Act: The Minimum Wages Act 1948         

Penalty under the Act: (a) Pays to any employee less than the minimum rates of wages fixed for that employee’s class of work, or less than the amount due to him under the provisions of this Act or

(b) Contravenes any rule or order made under section 13 shall be punishable with imprisonment for a term which may extend to six months or with or with fine which may extend to five hundred rupees, or with both

Applicable to which State:  Central   

Type:  Ministry of Labour & Employment news release dated 19th May 2023                                                                                   

Pertains to: The All-India Consumer Price Index Number for Agricultural Labourers and Rural Labourers (Base: 1986-87=100) for the month of April, 2023

Relevance of this news: Karma Global is in the business of HR Services, Payroll, Outsourcing and Regulatory Compliances right from its inception in 2004 and since then, has brought in a lot of efficiencies and technological upgradations with experts on its roll, to ease the hassles of Payroll Processing, Temp Staffing, On-boarding, Employee Life Cycle, Statutory, Regulatory and Payroll compliances by providing customized solutions to all its elite clients.

Karma Global has a system to regularly track announcement of minimum wages declared and also consumer price index and in this respect, the Kerala’s Department of Economics & Statistics, Thiruvananthapuram has announced the Consumer Price Index (Cost of Living Index) Numbers applicable to employees for the month of November 2022.

Karma Global will inform all its clients accordingly so that this knowledge information is known to all of them

And in this instance: The All-India Consumer Price Index Number for Agricultural Labourers and Rural Labourers (Base: 1986-87=100) for the month of April, 2023 increased by 5 & 6 points to stand at 1180 (One thousand one hundred and eighty) and 1192 (One thousand one hundred and ninety-two) points respectively. The major contribution towards the rise in general index of Agricultural Labourers and Rural Labourers came from food group to the extent of 4.23 & 4.05 points respectively mainly due to increase in prices of pulses, milk, chillies dry, garlic, ginger, mixed spices, sugar, Gur, vegetables & fruits, etc.

The rise in index varied from State to State. In case of Agricultural Labourers, it recorded an increase of 1 to 12 points in 20 States. Tamil Nadu with 1367 points topped the index table whereas Himachal Pradesh with 918 points stood at the bottom.

In case of Rural Labourers, it recorded an increase of 1 to 12 points in 20 States. Tamil Nadu with 1356 points topped the index table whereas Himachal Pradesh with 969 points stood at the bottom.

Subject: All-India Consumer Price Index Numbers for Agricultural and Rural Labourers – April, 2023

Appended is the complete news item

Ministry of Labour & Employment

All-India Consumer Price Index Numbers for Agricultural and Rural Labourers – April, 2023

Posted On: 19 MAY 2023 8:25PM by PIB Delhi

The All-India Consumer Price Index Number for Agricultural Labourers and Rural Labourers (Base: 1986-87=100) for the month of April, 2023 increased by 5 & 6 points to stand at 1180 (One thousand one hundred and eighty) and 1192 (One thousand one hundred and ninety-two) points respectively. The major contribution towards the rise in general index of Agricultural Labourers and Rural Labourers came from food group to the extent of 4.23 & 4.05 points respectively mainly due to increase in prices of pulses, milk, chillies dry, garlic, ginger, mixed spices, sugar, Gur, vegetables & fruits, etc.

The rise in index varied from State to State. In case of Agricultural Labourers, it recorded an increase of 1 to 12 points in 20 States. Tamil Nadu with 1367 points topped the index table whereas Himachal Pradesh with 918 points stood at the bottom.

In case of Rural Labourers, it recorded an increase of 1 to 12 points in 20 States. Tamil Nadu with 1356 points topped the index table whereas Himachal Pradesh with 969 points stood at the bottom.

Amongst states, the maximum increase in the Consumer Price Index Numbers for both Agricultural Labourers and Rural Labourers was experienced by West Bengal State (12 points each) mainly due to rise in the prices of milk, chillies dry, ginger, mixed spices, firewood, vegetables & fruits, etc.

Point to point rate of inflation based on the CPI-AL and CPI-RL stood at 6.50% & 6.52% in April, 2023 compared to 7.01% & 6.94 respectively in March, 2023 and 6.44% and 6.67% respectively during the corresponding month of the previous year. Similarly, Food inflation stood at 6.67% & 6.52% in April, 2023 compared to 7.12% & 7.07% respectively in March, 2023 and 5.29% & 5.35% respectively during the corresponding month of the previous year.

ll-India Consumer Price Index Number (General & Group-wise):