Government of India Ministry of Statistics and Programme Implementation National Statistical Office Dated The 12th December 2022 For The Month of November 2022
Contents News/Article Date: 12th December 2022
Relating to which Act: The Minimum Wages Act, 1948
Type: Government of India, Ministry of Statistics and Programme Implementation, National Statistical Office, Dated The 12th December 2022,
Relevance of this news: Karma Management Global Consulting Solutions Pvt. Ltd is in the business of Payroll, Outsourcing, and Regulatory Compliances since its inception in 2004 since then, has brought in a lot of efficiencies and technological upgradations with experts on its role, to ease the hassles of Payroll Processing, Temp Staffing On-boarding Management, Regulatory and Payroll compliances by providing customized solutions to all its elite clients.
Now Karma Global is also fully in labour compliance for nearly 18 years and is helping both establishments and workers fulfillment of obligations as per the laws of the land. It has over 200 direct and indirect staff on its rolls and operates on a Pan India basis. Recently, it has diversified into foreign shores as well, into countries like the US, UK, UAE, Canada, Philippines, and South East Asia for handling payroll, outsourcing, recruitment, and governance.
Karma Global has a system to regularly track the announcement of minimum wages declared and also the consumer price index and in this respect, the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) has released the All India Consumer Price Index (CPI) on Base 2012=100 and corresponding Consumer Food Price Index (CFPI) for Rural (R), Urban (U) and Combined (C) for the month of November 2022 (Provisional) in this press note. CPIs for Sub-Groups and Groups for both All India and all States/UTs are also being released.
Karma Global will inform all its clients accordingly so that this knowledge information is known to all them on the kind of practices followed by the Government.
Subject: CONSUMER PRICE INDEX NUMBERS ON BASE 2012=100 FOR RURAL, URBAN, AND COMBINED FOR THE MONTH OF NOVEMBER 2022 ANNOUNCED IN DECEMBER 2022
For greater details, appended below is the complete information
Government of India Ministry of Statistics and Programme Implementation National Statistical Office Dated The 12th December 2022
Press Release Consumer Price Index Numbers On Base 2012=100 For Rural, Urban, and Combined for The Month of November 2022
- The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) is releasing the All India Consumer Price Index (CPI) on Base 2012=100 and the corresponding Consumer Food Price Index (CFPI) for Rural (R), Urban (U) and Combined (C) for the month of NOVEMBER 2022 (Provisional) in this press note. CPIs for Sub-Groups and Groups for both All India and all States/UTs are also being released.
- The Price data are collected from selected 1114 urban Markets and 1181 villages covering all States/UTs through personal visits by field staff of the Field Operations Division of NSO, MoSPI on a weekly roster. During the month of NOVEMBER 2022, NSO collected prices from 99.8% of villages and 98.3% of urban Markets while the Market-wise prices reported therein were 90.6% for rural and 92.5% for urban.
- All India Inflation rates (on point to point basis i.e. current month over the same month of last year, i.e. NOVEMBER 2022 over NOVEMBER 2021), based on General Indices and CFPIs are given as follows:
Year-on-year inflation rates (%) of major@ States for Rural, Urban and Combined for NOVEMBER 2022 (Provisional) (Base: 2012=100) Year-on-year inflation rates (%) of major@ States for Rural, Urban and Combined for NOVEMBER 2022 (Provisional) (Base: 2012=100)
