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Saturday, 15 February 2025

The delay in the release of the All-India Consumer Price Index for Industrial Workers (CPI-IW) for December 2024

 The delay in the release of the All-India Consumer Price Index for Industrial Workers (CPI-IW) for December 2024 is causing significant concern among government employees and pensioners. This crucial data, used to calculate Dearness Allowance (DA) and Dearness Relief (DR), was due on January 31, 2025, according to the Labour Bureau’s official advance release calendar. This unexplained delay is leaving millions in a state of uncertainty, impacting their financial planning and livelihoods.

The CPI-IW serves as a key inflation indicator, directly influencing wage and pension adjustments. For pensioners and salaried individuals, especially those on fixed incomes, timely DA/DR revisions are essential to cope with rising prices.

The Bharat Pensioner Samaj has taken up the issue and sent a formal letter to the Honorable Minister of Labour & Employment, demanding the immediate release of the December 2024 CPI-IW data. The letter highlights the severe impact of the delay, emphasizing the financial hardship faced by pensioners who rely on timely DA/DR adjustments. The Bharat Pensioner Samaj’s communication also underscores the potential damage to the credibility of the Labour Bureau and the government’s commitment to transparency when pre-scheduled releases are delayed without explanation.

The Bharat Pensioner Samaj is not only demanding the immediate release of the December CPI-IW but also insisting on preventive measures to avoid similar delays in the future. Furthermore, they are calling for an official statement explaining the reason for the current delay and outlining the steps being taken to ensure timely data release going forward. The continued silence on this matter only serves to heighten anxieties and reinforces the need for swift and decisive action from the concerned authorities.


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