544 - DA formulaவில் திருத்தமா?பயன் அளிக்குமா? DA உயர்வு குறைந்து போகுமா?

Will there be change in the formula for the Consumer Price Index for DA calculation?
• It appears in the National newspapers that a Govt Panel has been given the task of revising the nation’s Consumer Price index which is considering a substantial cut in the weighting of food.
• The Panel under Statistics Ministry is discussing a proposal to reduce the weight of food by as much as 8 percentage points. The food and beverage category makes up 45.86 percent of the current CPI basket.
• The CPI is currently based on the Consumer spending patterns surveyed in 2011-2012, which economics say are outdated and may be distorting the official inflation data the central bank uses to set interest rates.
• Recent survey shows consumers are spending less of their budget on food than they did a decade ago.
• A revision of the CPI, which currently has some 299 items would see redundant such as horse cart fares, prices for video cassettes likely weeded out of the calculation.
• Discussions are on to include consumer electronic products, such as smart phones in the updated index.
• It is stated that it may be implemented by January 2026. The process is expected to be completed by December 2025.
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DA Formula
Dearness allowance
CPI
Cost of index