You are here: Home » Economy & Policy » News
Business Standard

Retail inflation for farm and rural workers eases in January

The easing was mainly due to lower prices of certain food items

Topics
retail inflation | food prices

Press Trust of India  |  New Delhi 

food, vegetables, inflation, retail inflation
Representational image

Retail for farm workers and rural labourers eased to 2.17 per cent and 3.25 per cent in January, mainly due to lower prices of certain food items.

The numbers in December 2020 had stood at 2.35 per cent and 3.34 per cent, respectively.

"Point-to-point rate of based on the CPI-AL (Consumer Price Index for Agricultural Labourers) and CPI-RL (Consumer Price Index for Rural Labourers) decreased to 2.17 per cent and 2.35 per cent in January 2021, from 3.25 per cent and 3.34 per cent, respectively, in December 2020," the labour ministry said in a statement.

based on food index of CPI-AL and CPI-RL stood at 1.02 per cent and 1.22 per cent, respectively, in January 2021.

All-India CPI-AL and CPI-RL for January 2021 decreased 9 points and 8 points to stand at 1,038 and 1,045 points, respectively.

The major contribution towards the fall in general index of agricultural labourers and rural labourers came from food with (-)12.52 points and (-)11.40 points, respectively, mainly due to fall in prices of pulses, onion, potato, cauliflower and brinjal.

The fall or rise in index varied from state to state.

In the case of farm workers, it recorded a decrease of 1-20 points in 18 states, and an increase of 15 points in Kerala; whereas index of Madhya Pradesh remained stationary.

Tamil Nadu, with 1,250 points, topped the index table; whereas Himachal Pradesh, with 819 points, stood at the bottom.

In the case of rural labourers, it recorded a decrease of 2-20 points in 17 states and an increase of 2-15 points in 2 states; whereas index of Madhya Pradesh remained stationary.

Tamil Nadu, with 1,234 points, topped the index table; whereas Bihar, with 850 points, stood at the bottom.

Amongst states, the maximum decrease in the Consumer Price Index numbers for agricultural labourers and rural labourers was experienced by Bihar and West Bengal (-20 points each), respectively, mainly due to fall in the prices of onion, chillies green, vegetables and fruits and gur.

On the contrary, the maximum increase in the Consumer Price Index numbers for agricultural labourers and rural labourers was experienced by Kerala (+15 points each), mainly due to rise in the prices of rice, fish fresh and vegetables and fruits etc.

Labour Minister Santosh Gangwar said in the statement, "The inflations based on CPI-AL and CPI-RL have dipped to 2.17 per cent and 2.35 per cent, respectively, driven by lower food inflation mainly on account of decline in prices of pulses, onion, potato, cauliflower, and brinjal, etc."

Labour Bureau Director-General D P S Negi said in the statement, "The decline in inflation will bring cheers to the millions of labourers working in rural areas, as it will put lesser burden on their pockets.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, February 19 2021. 18:03 IST
RECOMMENDED FOR YOU
.