Consumer price inflation for agricultural and rural workers eases a bit

21 Oct 2020

1

Consumer price inflation rate based on the all-India consumer price index numbers for agricultural labourers and rural labourers (CPI-AL and CPI-RL) decreased to 6.25 per cent and 6.10 per cent, respectively, in September 2020 from 6.32 per cent and 6.28 per cent, respectively, in August. 

Inflation based on food index of CPI-AL and CPI-RL stood at 7.65 per cent and 7.61 per cent, respectively, in September 2020.
The major contribution towards the rise in general inflation rate for agricultural and rural Labourers came from food, with 9.20 points and 8.95 points, respectively, mainly due to rise in prices of arhar dal, masur dal, groundnut oil, mustard oil,  vegetables and fruits etc.
The rise in index varied from state to state. In case of agricultural labourers, it recorded an increase of 1 to 23 points in 20 states. Tamil Nadu with 1,234 points topped the index table whereas Himachal Pradesh with 816 points stood at the bottom.
In case of rural labourers, it recorded an increase of 2 to 20 points in 20 states. Tamil Nadu with 1,218 points again topped the index table whereas Himachal Pradesh with 863 points stood at the bottom.
Amongst states, the maximum increase in the consumer price inflation rate for agricultural labourers was experienced by Himachal Pradesh (+23 points) and for rural labourers, it was experienced by Jammu & Kashmir (+20 points) mainly due to rise in the prices of wheat-atta, pulses, mustard-oil, milk, onion, chillies-dry, garlic, ginger, barber charges, bus fare, vegetables and fruits etc.
“The easing of inflation successively for eight months will definitely improve income of millions of workers in rural areas by putting lesser burden on their daily budgetary requirement,” Santosh Gangwar, minister of state for labour and employment, said.
DPS Negi, director-general of Labour Bureau, while releasing the index said he “Appreciated the efforts put in by the officials in collecting, compiling and disseminating price index despite of the unfavorable situation prevailing in the country owing to Covid-19 pandemic.”

Latest articles

Cisco and Qunnect test real-world quantum network over New York fiber cables

Cisco and Qunnect test real-world quantum network over New York fiber cables

Uber to invest $100 million+ in autonomous charging hubs to accelerate robotaxi rollout

Uber to invest $100 million+ in autonomous charging hubs to accelerate robotaxi rollout

The $250 billion pivot: how 2026 became the year AI paid the rent

The $250 billion pivot: how 2026 became the year AI paid the rent

Sweden fines SBB over accounting violations, raising scrutiny on property sector

Sweden fines SBB over accounting violations, raising scrutiny on property sector

Ukraine-Russia peace talks enter second day in Geneva amid pressure concerns

Ukraine-Russia peace talks enter second day in Geneva amid pressure concerns

India asks university to exit AI summit after robot’s origin questioned

India asks university to exit AI summit after robot’s origin questioned

Redmond’s global reach: Microsoft on pace for $50 billion AI investment in the Global South

Redmond’s global reach: Microsoft on pace for $50 billion AI investment in the Global South

Data centres explore funding uranium projects as AI power demand surges, says NexGen CEO

Data centres explore funding uranium projects as AI power demand surges, says NexGen CEO

Nvidia signs multiyear AI chip supply agreement with Meta amid sustained infrastructure demand

Nvidia signs multiyear AI chip supply agreement with Meta amid sustained infrastructure demand