New Price Index proposed

New Delhi, Aug 14 (UNI) The Ministry of Statistics and Programme Implementation (Central Statistical Organisation) has a proposal to make a new price index in the form of "Urban Consumer Price Index," the Lok Sabha was told today.

Minister of Labour and Employment Chandra Shekhar Sahu said in a written reply that Consumer Price Indices, presently compiled and released at the national level for industrial workers and agriculture and rural labourers did not encompass all the segments of the population in the country and as such did not reflect the true picture of the price behaviour.

In view of above, it is proposed to Consumer Price Indices (CPI) covering all segments of urban population for states and Union Territories and all India.

UNI YS PV VV1428