In our Organization based in Odisha, we are providing VDA to permanent workers as per CPI Index. Now our base year is 1960. Now we have changed to base year 2001. I want to convert the existing calculation from base year 1960 to 2001. Can anyone pl guide me.
From India, Bengaluru
From India, Bengaluru
Consumer Price Index Base year is changed from time to time. If I am not wrong the present latest base year is 2016 = 100. Linking (conversion) factor from 2001 = 100 base year to 1982 = 100 base year is 5.12 and that of 2001 = 100 base year to 1960=100 base year is 4.74.
The linking factor from 2016 =100 base year to 2001=100 base year is 2.46.
S K Bandyopadhyay ( WB, Howrah)
CEO-USD HR Solutions,
+91 98310 81531
USD HR Solutions – To Strive towards excellence with effort and integrity
From India, New Delhi
337The linking factor from 2016 =100 base year to 2001=100 base year is 2.46.
S K Bandyopadhyay ( WB, Howrah)
CEO-USD HR Solutions,
+91 98310 81531
USD HR Solutions – To Strive towards excellence with effort and integrity
From India, New Delhi
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