Question

The CPI for industrial workers and agricultural laborers are published by
$\begin{align}
  & \text{a) Labour Bureau, Shimla} \\
 & \text{b) CSO} \\
 & \text{c) NFRA} \\
 & \text{d) NSSO} \\
\end{align}$

Answer 1

Hint: The CPI index is a measure of changes in the price level. The CPI index is given by $CPI=\dfrac{\text{cost of market basket in given year}}{\text{cost of market basket in base year}}\times 100$. Now for industrial workers and agricultural labourers the CPI index is published by the Labour Bureau.

Complete step by step answer:
Let us first understand CPI
CPI is called the Consumer Price Index.
The CPI measures all the prices of consumer’s goods and services. The charges may include all prices such as transportation cost, medical cost etc. CPI is calculated by taking the average of all such charges. This CPI is directly related to cost of living. It helps in identifying events like Inflation.
The formula to calculate CPI index is $CPI=\dfrac{\text{cost of market basket in given year}}{\text{cost of market basket in base year}}\times 100$
The Labour Bureau compiles CPI data for Agricultural Labourers and Industrial Labourers.
Let us first see who the people under this category are. Industrial Labour are people who do manual work in industrial areas. A person is an agricultural labourer if he/she follows agricultural occupations. These occupations can include farming, dairy farming, livestock occupations, production, cultivation etc.
For compilation of these index numbers, the Field Operations Division (FOD) of the National Sample Survey Organization (NSSO) collects the data from some villages. The methodology approved by the Technical Advisory Committee on Statistics of Prices and Cost of Living (TAC on SPCL) is specially used for Agricultural and Industrial Labourers and these indices are released every month.

So, the correct answer is “Option a”.

Note: Note that the data is compiled and then published by the Labour Bureau while the data is collected by NSSO, which is a national statistical survey organization. Hence not to be confused among the two.