Tag Archive: 2018

Index Numbers of Wholesale Price in India (Base: 2011-12=100) Review for the month of December, 2018  

The official Wholesale Price Index for ‘All Commodities’ (Base: 2011-12=100) for the month of December, 2018 declined by 1.4 percent to 120.1 (provisional) from 121.8 (provisional) for the previous month.

INFLATION

The annual rate of inflation, based on monthly WPI, stood at 3.80% (provisional) for the month of December, 2018 (over December, 2017) as compared to 4.64% (provisional) for the previous month and 3.58% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 3.27% compared to a build up rate of 2.21% in the corresponding period of the previous year.

 

Inflation for important commodities / commodity groups is indicated in Annex-1 and Annex-II.

The movement of the index for the various commodity groups is summarized below:

 

PRIMARY ARTICLES (Weight 22.62%)

The index for this major group declined by 1.8 percent to 134.7 (provisional) from 137.2 (provisional) for the previous month. The groups and items which showed variations during the month are as follows:

The index for ‘Food Articles’ group declined by 1.4 percent to 144.0 (provisional) from 146.1 (provisional) for the previous month due to lower price of fruits & vegetables (8%), peas/chawali (7%), condiments & spices (2%) and paddy (1%). However, the price of betel leaves (14%), arhar (9%), maize and poultry chicken (6% each), gram, fish-marine and urad (4% each), jowar and masur (3% each), bajra and coffee (2% each) and rajma, pork, moong, fish-inland, barley, ragi and tea (1% each) moved up.
The index for ‘Non-Food Articles’ group declined by 0.1 percent to 124.5 (provisional) from 124.6 (provisional) for the previous month due to lower price of guar seed (6%), raw cotton and castor seed (3% each), groundnut seed (2%) and raw rubber, rape & mustard seed and raw silk (1% each).  However, the price of gingelly seed, floriculture and mesta (5% each), copra (coconut) (4%), safflower (kardi seed) and linseed (3% each), raw jute, skins (raw) and soyabean (2% each) and coir fibre, raw wool, hides (raw), sunflower and cotton seed (1% each) moved up.
The index for ‘Minerals’ group rose by 7.7 percent to 140.4 (provisional) from 130.4 (provisional) for the previous month due to higher price of garnet (28%), copper concentrate (21%), manganese ore (9%), iron ore, phosphorite and chromite (3% each) and bauxite (1%).  However, the price of zinc concentrate (30%) and sillimanite (4%) declined.
The index for ‘Crude Petroleum & Natural Gas’ group declined by 11.9 percent to 91.7 (provisional) from 104.1 (provisional) for the previous month due to lower price of crude petroleum (16%).

FUEL & POWER (Weight 13.15%)

The index for this major group declined by 5.9 percent to 103.5 (provisional) from 110.0 (provisional) for the previous month. The groups and items which showed variations during the month are as follows:-
The index for ‘Mineral Oils’ group declined by 10.2 percent to 94.7 (provisional) from 105.5 (provisional) for the previous month due to lower price of naphtha (21%), furnace oil (16%), LPG (13%), ATF (12%), petrol and bitumen (9% each), HSD (8%), petroleum coke (7%) and kerosene (3%).

MANUFACTURED PRODUCTS (Weight 64.23%)

The index for this major group declined by 0.4 percent to 118.3 (provisional) from 118.8 (provisional) for the previous month. The groups and items which showed variations during the month are as follows:-
The index for ‘Manufacture of Food Products’ group declined by 1.0 percent to 127.7 (provisional) from 129.0 (provisional) for the previous month due to lower price of molasses (6%), gur, honey and coffee powder with chicory (5% each), rice bran oil and palm oil (4% each), powder milk, manufacture of processed ready to eat food and cotton seed oil (3% each), sugar, butter, other meats [preserved/processed], buffalo meat [fresh/frozen] and castor oil (2% each) and  manufacture of prepared animal feeds, instant coffee, vanaspati, ghee, sooji (rawa), mustard oil, groundnut oil, processed tea and manufacture of bakery products (1% each).  However, the price of wheat bran and manufacture of starches & starch products (4% each), manufacture of health supplements (3%), gram powder (besan), chicken/duck [dressed-fresh/frozen], copra oil and bagasse (2% each) and wheat flour (atta) and manufacture of macaroni, noodles, couscous & similar farinaceous products (1% each) moved up.
The index for ‘Manufacture of Beverages’ group rose by 0.2 percent to 122.0 (provisional) from 121.7 (provisional) for the previous month due to higher price of aerated drinks/soft drinks (incl. soft drink concentrates) (1%).  However, the price of bottled mineral water and beer (1% each) declined.
The index for ‘Manufacture of Textiles’ group rose by 0.1 percent to 119.2 (provisional) from 119.1 (provisional) for the previous month due to higher price of manufacture of made-up textile articles, except apparel (4%) and manufacture of other textiles (2%). However, the price of synthetic yarn (2%) and texturised & twisted yarn and. manufacture of cordage, rope, twine & netting (1% each) declined.
The index for ‘Manufacture of Wearing Apparel’ group rose by 0.2 percent to 138.4 (provisional) from 138.1 (provisional) for the previous month due to higher price of leather garments incl. jackets and shawls & scarves [knitted] (1% each).
The index for ‘Manufacture of Leather and Related Products’ group declined by 0.3 percent to 121.1 (provisional) from 121.5 (provisional) for the previous month due to lower price of vegetable tanned leather (6%), belt & other articles of leather (3%) chrome tanned leather (2%).  However, the price of canvas shoes (2%) moved up.
The index for ‘Manufacture of Wood and of Products of Wood and Cork’ group rose by 0.3 percent to 133.9 (provisional) from 133.5 (provisional) for the previous month due to higher price of timber/wooden plank [sawn/resawn] (4%), wooden box/crate (2%) and wooden block-compressed or not and lamination wooden sheets/veneer sheets (1% each). However, the price of particle boards (3%) and wood cutting [processed/sized] (1%) declined
The index for ‘Manufacture of Paper and Paper Products’ group declined by 0.1 percent to 125.2 (provisional) from 125.3 (provisional) for the previous month due to lower price of paper bag including craft paper bag (14%), kraft paper, base paper, laminated paper and newsprint (2% each) and bristle paper board, duplex paper, hard board and poster paper (1% each). However, the price of pulp board (6%), paper carton/box (2%) and corrugated sheet box, paper for printing & writing and corrugated paper board (1% each) moved up.
The index for ‘Printing and Reproduction of Recorded Media’ group rose by 0.7 percent to 147.5 (provisional) from 146.5 (provisional) for the previous month due to higher price of journal/periodical (3%). However, the price of hologram (3d) (3%) and printed labels/posters/calendars and sticker plastic (1% each) declined.
The index for ‘Manufacture of Chemicals and Chemical Products’ group declined by 0.7 percent to 120.0 (provisional) from 120.8 (provisional) for the previous month due to lower price of mono ethyl glycol (12%), organic solvent (9%), acetic acid & its derivatives (8%), hydrogen peroxide (6%), menthol, alkyl benzene, poly propylene (pp), camphor and phthalic anhydride (5%each), plasticizer, ethyl acetate and printing ink (4% each), creams & lotions for external application, hair oil/body oil, aniline (including pna, ona, ocpna), acrylic fibre, carbon black, ethylene oxide and alcohols (3% each), ammonium sulphate, polystyrene [expandable], varnish (all types), epoxy [liquid], fatty acid, insecticide & pesticide and mosquito coil (2% each) and polyethylene, phosphoric acid, polyester fibre fabric, catalysts, caustic soda (sodium hydroxide), adhesive tape (non-medicinal), shampoo, rubber chemicals, sulphuric acid, oleoresin, perfume/scent and polyester chips or polyethylene terepthalate (pet) chips (1% each).  However, the price of ammonia gas (13%), powder coating material, ammonium nitrate, soda ash/washing soda and polyester film(metalized) (2% each) and safety matches (match box), ammonium phosphate, ammonia liquid, toilet soap, xlpe compound, other inorganic chemicals, superphospate /phosphatic fertilizer [others], poly vinyl chloride (PVC), fungicide [liquid], mixed fertilizer, gelatine, organic chemicals, other petrochemical intermediates, amine and liquid air & other gaseous products (1% each) moved up.

The index for ‘Manufacture of Pharmaceuticals, Medicinal Chemical and Botanical Products’ group declined by 0.2 percent to 124.1 (provisional) from 124.3 (provisional) for the previous month due to lower price of vials/ampoule, glass, empty or filled and anti-malarial drugs (2% each) and antioxidants and plastic capsules (1% each). However, the price of anti inflammatory preparation (3%), anti-retroviral drugs for HIV treatment (2%) and sulpha drugs and anti allergic drugs (1% each) moved up.

The index for ‘Manufacture of Rubber and Plastics Products’ group declined by 0.2 percent to 110.2 (provisional) from 110.4 (provisional) for the previous month due to lower price of plastic button (6%), polypropylene film (4%), plastic bag and processed rubber (3% each), rubber components & parts, plastic film, plastic tube (flexible/non-flexible) and plastic components (2% each) and plastic tank, PVC fittings & other accessories, plastic furniture, polythene film, elastic webbing, rubberized dipped fabric, motor car tyre and thermocol (1% each). However, the price of plastic box/container (3%), medium & heavy commercial vehicle tyre and rubber tread (2% each) and solid rubber tyres/wheels, rubber moulded goods, plastic bottle, conveyer belt (fibre based) and acrylic/plastic sheet (1% each) moved up.
The index for ‘Manufacture of Other Non-Metallic Mineral Products’ group declined by 0.3 percent to 115.2 (provisional) from 115.6 (provisional) for the previous month due to lower price of graphite rod, ceramic tiles (vitrified tiles) and marble slab (2% each) and clinker, white cement, cement superfine, granite, fibre glass incl. sheet, asbestos corrugated sheet and glass bottle (1% each). However, the price of ordinary sheet glass and toughened glass (2% each) and plain bricks, porcelain sanitary ware, poles & posts of concrete and ordinary portland cement (1% each) moved up.
The index for ‘Manufacture of Basic Metals’ group declined by 1.2 percent to 112.5 (provisional) from 113.9 (provisional) for the previous month due to lower price of angles, channels, sections, steel (coated/not) (4%), alloy steel wire rods, sponge iron/direct reduced iron (DRI)and mild steel (MS) blooms (3% each), hot rolled (HR) coils & sheets, including narrow strip, gp/gc sheet, copper metal/copper rings, ferrochrome, aluminium disk & circles, aluminium shapes- bars/rods/flats, brass metal/sheet/coils, MS pencil ingots, MS wire rods, MS bright bars, pig iron and aluminium powder (2% each) and aluminium ingot, aluminium alloys, steel cables, cold rolled (CR) coils & sheets, including narrow strip, ferromanganese, stainless steel pencil ingots/billets/slabs, alloy steel castings, stainless steel tubes, copper shapes- bars/rods/plates/strips and aluminium castings (1% each). However, the price of steel forgings-rough, stainless steel coils, strips & sheets, ms castings and cast iron [castings] (1% each) moved up.
The index for ‘Manufacture of Fabricated Metal Products, Except Machinery and Equipment’ group declined by 0.1 percent to 116.1 (provisional) from 116.2 (provisional) for the previous month due to lower price of boilers (5%), steel door (3%), cylinders and copper bolts, screws, nuts (2% each) and bolts, screws, nuts & nails of iron & steel, aluminium utensils, hose pipes in set or otherwise and jigs & fixture (1% each).  However, the price of forged steel rings (5%), hand tools and electrical stamping-laminated or otherwise (2% each) and pressure cooker, steel drums & barrels, iron/steel cap, steel container and stainless steel utensils (1% each) moved up.
The index for ‘Manufacture of Computer, Electronic and Optical Products’ group declined by 0.6 percent to 112.3 (provisional) from 113.0 (provisional) for the previous month due to lower price of sunglasses (4%), colour TV (3%), electronic printed circuit board (PCB)/micro circuit (2%) and meter (non-electrical) (1%).  However, the price of electro-diagnostic apparatus, used in medical, surgical, dental or veterinary sciences (7%) and scientific time keeping device (1%) moved up.
The index for ‘Manufacture of Electrical Equipment’ group declined by 0.1 percent to 112.0 (provisional) from 112.1 (provisional) for the previous month due to lower price of jelly filled cables (6%), aluminium wire (3%), refrigerators (2%) and washing machines/laundry machines, lead acid batteries for vehicles & other uses, transformer, electrical relay/conductor, aluminium/alloy conductor, generator parts and copper wire (1% each).  However, the price of solenoid valve, fibre optic cables, electric mixers/grinders/food processors and connector/plug/socket/holder-electric (2% each) and insulator, generators & alternators and air coolers (1% each) moved up.
The index for ‘Manufacture of Motor Vehicles, Trailers and Semi-Trailers’ group declined by 0.8 percent to 112.8 (provisional) from 113.7 (provisional) for the previous month due to lower price of seat for motor vehicles (9%), engine (2%) and light, medium & heavy commercial vehicles, passenger vehicles and cylinder liners (1% each).  However, the price of crankshaft (3%), axles of motor vehicles (2%) and shafts of all kinds, minibus/bus, filter element and release valve (1% each) moved up.
The index for ‘Manufacture of Other Transport Equipment’ group rose by 0.3 percent to 112.4 (provisional) from 112.1 (provisional) for the previous month due to higher price of motor cycles (1%). However, the price of scooters (1%) declined.
The index for ‘Manufacture of Furniture’ group declined by 0.7 percent to 127.5 (provisional) from 128.4 (provisional) for the previous month due to lower price of foam and rubber mattress (3%) and iron/steel furniture (1%). However, the price of plastic fixtures (2%) moved up.

The index for ‘Other Manufacturing’ group rose by 7.0 percent to 114.6 (provisional) from 107.1 (provisional) for the previous month due to higher price of gold & gold ornaments (8%), football (5%), silver (2%) and plastic moulded-others toys and cricket bat (1% each). However, the price of stringed musical instruments (incl. santoor, guitars, etc.) (3%) and playing cards (1%) declined.

 

WPI FOOD INDEX (Weight 24.38%)

The rate of inflation based on WPI Food Index consisting of ‘Food Articles’ from Primary Articles group and ‘Food Product’ from Manufactured Products group increased from -1.96% in November, 2018 to 0.07% in December, 2018.

 

FINAL INDEX FOR THE MONTH OF OCTOBER, 2018 (BASE YEAR: 2011-12=100)

For the month of October, 2018, the final Wholesale Price Index for ‘All Commodities’ (Base: 2011-12=100) stood at 122.0 as compared to 121.7 (provisional) and annual rate of inflation based on final index stood at 5.54 percent as compared to 5.28 percent (provisional) respectively as reported on 14.11.2018.

 

Next date of press release: 14/02/2019 for the month of January, 2019

This press release is available at our home page http://eaindustry.nic.in

 

Annexure-I

Wholesale Price Index and Rates of Inflation (Base Year: 2011-12=100)

          Month of  December, 2018
Commodities/Major Groups/Groups/Sub-Groups Weight WPI

December-2018

Latest month over month Build up from March Year on year
2017-18 2018-19 2017-18 2018-19 2017-18 2018-19
ALL COMMODITIES 100.00 120.1 -0.60 -1.40 2.21 3.27 3.58 3.80
PRIMARY ARTICLES 22.62 134.7 -3.16 -1.82 3.62 5.07 3.86 2.28
Food Articles 15.26 144.0 -4.63 -1.44 4.72 4.88 4.72 -0.07
Cereals 2.82 153.1 -0.07 0.26 -2.00 5.88 -3.00 7.59
Paddy 1.43 154.7 -0.27 -0.58 0.74 1.38 3.19 3.97
Wheat 1.03 152.8 0.00 0.39 -2.45 8.22 -8.47 9.61
Pulses 0.64 135.8 -3.83 3.82 -13.64 11.04 -35.19 2.11
Vegetables 1.87 146.6 -22.39 -12.37 50.17 27.26 56.38 -17.55
Potato 0.28 175.0 -1.59 -21.52 29.20 34.10 -8.40 48.68
Onion 0.16 131.3 8.20 -25.31 228.21 -16.53 197.05 -63.83
Fruits 1.60 138.5 -0.62 -1.84 3.23 -9.00 11.99 -3.69
Milk 4.44 143.6 0.00 -0.35 2.71 2.06 3.85 2.43
Eggs, Meat & Fish 2.40 140.3 -2.33 2.11 0.00 5.41 1.67 4.55
Non-Food Articles 4.12 124.5 1.79 -0.08 -2.21 3.66 -0.17 4.45
Oil Seeds 1.12 140.9 1.73 0.14 0.47 1.59 -0.54 8.97
Minerals 0.83 140.4 0.25 7.67 6.45 1.52 7.38 14.89
Crude Petroleum 1.95 83.3 0.71 -15.52 5.98 12.72 3.96 17.49
FUEL & POWER 13.15 103.5 0.95 -5.91 2.03 5.61 8.03 8.38
LPG 0.64 98.0 0.44 -12.89 -2.03 15.16 21.14 6.87
Petrol 1.60 84.2 0.97 -8.48 0.73 -0.36 8.94 1.57
HSD 3.10 94.6 1.52 -8.24 2.59 4.99 12.68 8.61
MANUFACTURED PRODUCTS 64.23 118.3 0.18 -0.42 1.69 2.16 2.79 3.59
Manufacture of Food Products 9.12 127.7 -0.55 -1.01 0.08 -0.16 -0.23 0.24
Manufacture of Vegetable And Animal Oils and Fats 2.64 114.1 0.90 -2.23 2.86 -2.48 1.27 2.33
Sugar 1.06 112.5 -4.31 -2.17 -4.97 -3.68 0.73 -9.42
Manufacture of Tobacco Products 0.51 149.5 0.40 -0.13 6.75 -0.53 6.30 -1.52
Manufacture of Textiles 4.88 119.2 0.27 0.08 0.27 4.38 2.07 5.30
Manufacture of Wearing Apparel 0.81 138.4 -0.07 0.22 4.28 0.51 4.75 -0.29
Manufacture of Leather and Related Products 0.54 121.1 1.34 -0.33 0.66 0.58 0.58 -0.08
Manufacture of Wood And of Products of Wood and Cork 0.77 133.9 0.61 0.30 1.08 1.90 1.39 1.90
Manufacture of Paper and Paper Products 1.11 125.2 0.51 -0.08 2.51 4.07 3.67 5.56
Manufacture of Chemicals and Chemical Products 6.47 120.0 0.71 -0.66 1.34 3.90 2.72 6.01
Manufacture of Rubber and Plastics Products 2.30 110.2 -0.37 -0.18 -1.75 2.42 -0.93 3.09
Manufacture of other Non-Metallic Mineral Products 3.20 115.2 0.27 -0.35 3.66 1.05 4.04 1.68
Manufacture of Cement, Lime and Plaster 1.64 112.8 0.35 -0.09 3.93 -0.70 3.74 -0.70
Manufacture of Basic Metals 9.65 112.5 1.58 -1.23 7.64 2.65 11.00 9.33
Mild Steel – Semi Finished Steel 1.27 98.8 1.83 -1.40 4.65 0.71 6.42 4.55
Manufacture of Fabricated Metal Products, Except Machinery and Equipment 3.15 116.1 -0.27 -0.09 2.21 3.66 5.02 4.69
Manufacture of other Transport Equipment 1.65 112.4 0.63 0.27 1.46 1.81 2.01 0.81
   

 

Annexure-II

 
                   
  Trend of Rate of Inflation for some important items during last six months  
                   
  Commodities/Major Groups/Groups/Sub-Groups Weight (%) Rate of Inflation for the last six months  
  Dec-18 Nov-18 Oct-18 Sept-18 Aug-18 July-18  
  ALL COMMODITIES 100.00 3.80 4.64 5.54 5.22 4.62 5.27  
  PRIMARY ARTICLES 22.62 2.28 0.88 2.46 3.04 -0.07 2.04  
  Food Articles 15.26 -0.07 -3.31 -1.42 -0.21 -4.04 -2.10  
  Cereals 2.82 7.59 7.23 6.24 5.54 5.05 3.51  
  Paddy 1.43 3.97 4.29 4.08 4.64 4.78 3.96  
  Wheat 1.03 9.61 9.18 9.49 8.87 8.39 6.38  
  Pulses 0.64 2.11 -5.42 -13.51 -18.14 -14.12 -17.24  
  Vegetables 1.87 -17.55 -26.98 -18.35 -4.13 -20.00 -13.58  
  Potato 0.28 48.68 86.45 94.48 79.89 71.21 75.19  
  Onion 0.16 -63.83 -47.60 -31.69 -23.74 -25.94 44.20  
  Fruits 1.60 -3.69 -2.49 0.80 -6.97 -16.40 -8.81  
  Milk 4.44 2.43 2.78 2.78 2.21 2.86 2.87  
  Eggs, Meat & Fish 2.40 4.55 0.00 -0.44 -0.44 0.00 0.87  
  Non-Food Articles 4.12 4.45 6.40 4.14 3.51 2.65 3.96  
  Oil Seeds 1.12 8.97 10.70 7.50 8.20 10.23 9.86  
  Minerals 0.83 14.89 6.97 14.80 0.85 7.12 13.14  
  Crude Petroleum 1.95 17.49 40.06 50.08 56.19 53.47 58.99  
  FUEL & POWER 13.15 8.38 16.28 18.66 17.30 17.73 18.10  
  LPG 0.64 6.87 23.22 31.39 33.51 46.08 31.53  
  Petrol 1.60 1.57 12.06 20.10 17.21 16.56 20.75  
  HSD 3.10 8.61 20.16 24.14 22.18 19.90 22.84  
  MANUFACTURED PRODUCTS 64.23 3.59 4.21 4.57 4.13 4.43 4.53  
  Manufacture of Food Products 9.12 0.24 0.70 1.17 0.86 1.73 1.74  
  Manufacture of Vegetable And Animal Oils and Fats 2.64 2.33 5.61 9.49 10.39 11.76 13.50  
  Sugar 1.06 -9.42 -11.40 -11.44 -12.99 -11.15 -10.51  
  Manufacture of Tobacco Products 0.51 -1.52 -0.99 0.00 -0.13 0.33 2.82  
  Manufacture of Textiles 4.88 5.30 5.49 5.77 4.77 4.05 3.88  
  Manufacture of Wearing Apparel 0.81 -0.29 -0.58 0.29 0.95 1.98 2.14  
  Manufacture of Leather and Related Products 0.54 -0.08 1.59 1.25 2.00 1.84 2.49  
  Manufacture of Wood And of Products of Wood and Cork 0.77 1.90 2.22 0.61 -0.23 0.83 0.53  
  Manufacture of Paper and Paper Products 1.11 5.56 6.19 4.44 2.59 3.56 2.86  
  Manufacture of Chemicals and Chemical Products 6.47 6.01 7.47 7.69 7.46 6.93 6.48  
  Manufacture of Rubber and Plastics Products 2.30 3.09 2.89 2.23 2.14 1.77 2.05  
  Manufacture of other Non-Metallic Mineral Products 3.20 1.68 2.30 3.40 3.40 3.95 3.48  
  Manufacture of Cement, Lime and Plaster 1.64 -0.70 -0.27 -0.26 -0.44 0.09 0.44  
  Manufacture of Basic Metals 9.65 9.33 12.44 14.00 13.18 13.30 15.57  
  Mild Steel – Semi Finished Steel 1.27 4.55 7.97 9.52 9.13 8.03 8.50  
  Manufacture of Fabricated Metal Products, Except Machinery and Equipment 3.15 4.69 4.50 5.84 5.88 8.56 6.69  
  Manufacture of other Transport Equipment 1.65 0.81 1.17 1.18 1.73 1.65 1.92  

 

***

MM/ SB

Cabinet approves setting up of the National Commission for Indian System of Medicine Bill, 2018

The Cabinet today approved the draft National Commission for Indian Systems of Medicine (NCIM) Bill, 2018, which seeks to replace the existing regulator Central Council for Indian Medicine (CCIM) with a new body to ensure transparency.

Salient features:

          The draft bill provides for the constitution of a National Commission with four autonomous boards entrusted with conducting overall education of Ayurveda, under Board of Ayurveda and Unani, Siddha &Sowarigpa under Board of Unaini, Siddha and Sowarigpa. There are two common Boards namely, Board of assessment and rating to assess and grant permission to educational institutions of Indian systems of Medicine and Board of ethics and registration of practitioners of Indian systems of medicine to maintain National Register and ethical issues relating to practice under the National Commission for Indian Medicine.

It also proposes a common entrance exam and an exit exam, which all graduates will have to clear to get practicing licenses. Further, a teacher’s eligibility test has been proposed in the Bill to assess the standard of teachers before appointment and promotions.

The draft bill is aimed at bringing reforms in the medical education of Indian medicine sector in lines with the National Medical Commission proposed for setting up for Allopathy system of medicine.

The proposed regulatory structure will enable transparency and accountability for protecting the interest of the general public. The NCIM will promote availability of affordable healthcare services in all parts of the country.

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Cabinet approves setting up of the National Commission for Homoeopathy (NCH) Bill, 2018

 The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the draft National Commission for Homoeopathy, Bill, 2018, which seeks to replace the existing regulator Central Council for Homoeopathy (CCH) with a new body to ensure transparency.

The draft bill provides for the constitution of a National Commission with three autonomous boards entrusted with conducting overall education of Homoeopathy by Homoeopathy Education Board. The Board of assessment and rating to assess and grant permission to educational institutions of Homoeopathy and Board of ethics and registration of practitioners of Homoeopathy to maintain National Register and ethical issues relating to practice are under the National Commission forHomoeopathy.

It also proposes a common entrance exam and an exit exam which all graduates will have to clear to get practicing licenses. Further, a teacher’s eligibility test has been proposed to assess the standard of teachers before appointment and promotions.

It further aims at bringing reforms in the medical education of Homoeopathy in lines with the National Medical Commission proposed for setting up for Allopathy system of medicine. The CCH had been earlier superseded by Board of Governors through an Ordinance and subsequent amendment of Act.

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PM to visit Maharashtra on December 18, 2018

The Prime Minister, Shri Narendra Modi, will visit Maharashtra on December 18, 2018.

He will address the ‘Republic’ Summit, organized by Republic TV, in Mumbai.

At a function in Raj Bhavan, the Prime Minister will release a book, titled “Timeless Laxman”, based on the famous cartoonist, RK Laxman.

Important projects related to housing and urban transportation will be unveiled during the Prime Minister’s visit to the State.

At a public meeting in Kalyan, the Prime Minister will lay the Foundation Stone of two important metro corridors. These are the Thane-Bhiwandi-Kalyan Metro; and the Dahisar-Mira-Bhayander Metro. The two corridors, once completed, will greatly facilitate public transport in the area.

He will launch the 90,000 units’ EWS and LIG Housing scheme under the Pradhan Mantri Awas Yojana. Shri Narendra Modi will also address the gathering.

The Prime Minister will then proceed to Pune. He will lay the Foundation Stone of Pune Metro Phase-3. He will also address the gathering.

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Joint Statement on the occasion of State Visit of the President of the Republic of Maldives to India (December 17, 2018)

1. The President of the Republic of Maldives, H.E. Mr Ibrahim Mohamed Solih, is on a State Visit to India from 16-18 December 2018 at the invitation of the Prime Minister of the Republic of India, H.E. Mr Narendra Modi.
2. This is President Solih’s first visit abroad after assuming the office of President of the Republic of Maldives on 17 November 2018. The President of Maldives is accompanied by his wife First Lady Fazna Ahmed and a high level delegation comprising of Minister of Foreign Affairs Abdulla Shahid, Minister of Finance Ibrahim Ameer, Minister of National Planning and Infrastructure Mohamed Aslam, Minister of Transport and Civil Aviation Aishath Nahula, Minister of Economic Development Uz Fayyaz Ismail, senior government officials, and a business delegation.
3. In an important gesture, President Solih is staying in the Rashtrapati Bhawan as a special guest of Rashtrapatiji. This demonstrates the close ties between India and the Maldives, and the warmth and mutual respect between the two governments.
4. The President of India met the President of Maldives on 17 December 2018, and hosted a banquet in honour of President Solih later the same evening. Vice President of India Shri Venkaiah Naidu, and External Affairs Minister Smt. Sushma Swaraj called on the President of Maldives.
5. Prime Minister of India and President of Maldives held Official talks on 17 December 2018 in an extremely warm, cordial and friendly atmosphere reflective of the special relationship between the two countries. Prime Minister Narendra Modi also hosted an official lunch for President Ibrahim Mohamed Solih and the accompanying delegation.
6. The two sides signed the following Agreements/MoUs/Joint Declaration of Intent during the visit:
• Agreement on the Facilitation of Visa Arrangements

• Memorandum of Understanding on Cultural Cooperation

• Memorandum of Understanding for Establishing Mutual Cooperation to Improve the Ecosystem for Agribusiness;

• Joint Declaration of Intent on Cooperation in the field of Information & Communications Technology and Electronics.

 

They agreed to work together to create institutional linkages and to establish a framework of cooperation in the following areas:
• Health cooperation issues particularly cancer treatment

• Mutual Legal Assistance on Criminal Matters

• Investment promotion

• Human Resource Development

• Tourism

7. Prime Minister Modi warmly recalled his recent visit to the Maldives to attend the swearing-in ceremony of President Solih as his special guest. He reiterated the highest importance that India attaches to its relationship with the Maldives.
8. The two leaders reiterated their strong commitment to further strengthening and reinvigorating the traditionally strong and friendly relations between India and the Maldives, nurtured by geographical contiguity, ethnic, historical, socio-economic and cultural ties between the peoples of the two countries. They also reiterated an abiding faith in, and commitment to democracy, development and peaceful co-existence.
9. The Prime Minister of India congratulated the people of Maldives for their successful and peaceful transition to democracy. He applauded the President of Maldives on his vision for inclusive, decentralised, people-centric governance, and development that is sustainable. Recalling his government’s policy of ‘Neighbourhood-First’, Prime Minister Modi reiterated India’s assurance of all possible support to Maldives in realising its aspirations for socio-economic development, and strengthening of democratic and independent institutions.
10. In this regard, the Prime Minister announced provision of financial assistance up to US$ 1.4 billion in the form of budgetary support, currency swap and concessional lines of credit to fulfil the socio-economic development programmes of the Maldives.
11. President Solih reaffirmed his government’s “India-First Policy”, and commitment to working together closely with India. He appreciated the generous assistance provided by the Government of India to Maldives, and identified various areas for developmental cooperation, including private sector involvement in development of housing and infrastructure, water and sewerage systems in the outlying islands, healthcare, education and tourism.
12. Both leaders emphasized the need to improve connectivity between the two countries through the establishment of enabling infrastructure that would promote the exchange of goods and services, information, ideas, culture and people.
13. The Prime Minister informed the decision by the Government of India to provide 1000 additional slots over next 5 years for training and capacity building in diverse fields including judicial, policing and law-enforcement, audit and financial management, local governance, community development, IT, e-governance, sports, media, youth and women empowerment, leadership, innovation & entrepreneurship, art & culture.
14. Recognizing the importance of facilitating people-to-people exchanges and travel, the leaders welcomed the new Agreement on Visa Facilitation signed today. The Prime Minister noted that the new Agreement will address the common concerns and ensure that people-to-people contacts are enhanced. The Maldives is one of the very few countries with which India has a visa free arrangement.
15. President Solih expressed his happiness at the signing of the Agreement, as this will facilitate many Maldivians who send their children to school in India, to be able to accompany them. The Agreement will also facilitate easier visa arrangements for Maldivian citizens and their families, to come to India for medical treatment. Both leaders emphasised the need to ensure seamless movement of people between both countries.
16. Both leaders agreed on the importance of maintaining peace and security in the Indian Ocean Region. In furtherance of the shared recognition that the security interests of both the countries are interlinked in the region, they reiterated their assurance of being mindful of each other’s concerns and aspirations for the stability of the region and not allowing their respective territories to be used for any activity inimical to the other. The two leaders agreed to strengthen cooperation to enhance maritime security in the Indian Ocean Region through coordinated patrolling and aerial surveillance, exchange of information and capacity building.
17. The two leaders reaffirmed their unwavering commitment and support for increased cooperation in combating terrorism in all its forms and manifestations both within the region and elsewhere. Both sides agreed to enhance bilateral cooperation on issues of common concern, including piracy, terrorism, organised crime, drugs and human trafficking. It was also agreed to intensify cooperation in the areas of training and capacity building of Maldives Police Service and Maldives National Defence Force.
18. Both leaders reviewed efforts to promote bilateral trade and investment ties between the two countries. The Prime Minister of India welcomed the expanding opportunities for Indian companies to invest in the Maldives in different sectors for the mutual benefit of both countries. The Prime Minister noted that the vision of the government of Maldives, of a transparent, accountable, and rule-based administration sends a welcome message to regain the confidence of Indian business persons. Both leaders agreed to promote closer economic cooperation in sectors such as fisheries development, tourism, transportation, connectivity, health, education, information technology, new and renewable energy and communications.
19. Both leaders reiterated the importance of an effective multilateral system as a key factor in tackling global challenges. In this context, they also recognized the need to pursue reform of the main UN bodies, including the revitalization of the UN General Assembly and expansion of the UN Security Council.
20.​The President of Maldives reiterated his country’s support for India’s candidature for permanent membership of an expanded and reformed UN Security Council. Maldives also reiterated support for India’s candidature for non-permanent seat for the year 2020-21.

21.​The Prime Minister of India welcomed Maldives’ decision to re-join the Commonwealth. The Prime Minister also welcomed Maldives as the newest member of the Indian Ocean Rim Association.
22. Both leaders agreed on the importance of combatting the impacts of climate change, especially detrimental to developing countries, and Small Island Developing States, and the need to work towards strengthening the global response to climate change, through the UNFCCC, and the Paris Agreement.
23. The two leaders underscored the need for strengthening and reform of multilateral financial institutions and enhancing the voice and participation of developing countries in international economic decision-making.
24. The President of Maldives thanked the Prime Minister of India for the warmth, cordiality and gracious hospitality extended to him and members of his delegation during their visit.
25. The President of Maldives invited the President of India to make a State Visit to the Maldives. The President of Maldives also invited the Prime Minister of India to undertake a State Visit to the Maldives, which he accepted.

 

***

Index Numbers of Wholesale Price in India (Base: 2011-12=100) Review for the month of November, 2018

The official Wholesale Price Index for ‘All Commodities’ (Base: 2011-12=100) for the month of November, 2018 rose by 0.1 percent to 121.8 (provisional) from 121.7 (provisional) for the previous month.

 

INFLATION

The annual rate of inflation, based on monthly WPI, stood at 4.64% (provisional) for the month of November, 2018 (over November, 2017) as compared to 5.28% (provisional) for the previous month and 4.02% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 4.73% compared to a build up rate of 2.83% in the corresponding period of the previous year.

Inflation for important commodities / commodity groups is indicated in Annex-1 and Annex-II.

The movement of the index for the various commodity groups is summarized below: –

 

PRIMARY ARTICLES (Weight 22.62%)

The index for this major group rose by 0.7 percent to 137.2 (provisional) from 136.3 (provisional) for the previous month. The groups and items which showed variations during the month are as follows: –

The index for ‘Food Articles’ group rose by 0.2 percent to 146.1 (provisional) from 145.8 (provisional) for the previous month due to higher price of peas/chawali (22%), jowar (10%), bajra (9%), urad (7%), egg (6%), arhar, gram and betel leaves (4% each), moong and poultry chicken (3% each), tea, barley, maize, fish-inland and fish-marine (2% each) and pork, beef & buffalo meat, wheat and rajma (1% each).  However, the price of mutton and fruits & vegetables (2% each) and ragi (1%) declined.

The index for ‘Non-Food Articles’ group rose by 1.0 percent to 124.6 (provisional) from 123.4 (provisional) for the previous month due to higher price of castor seed (13%), guar seed (8%), gingelly seed (7%), raw wool and groundnut seed (6% each), safflower (kardi seed) (5%), floriculture and hides (raw) (2% each) and raw cotton, raw jute, soyabean, sunflower and rape & mustard seed (1% each).  However, the price of raw silk, raw rubber and copra (coconut) (4% each) and skins (raw) and cotton seed (2% each) declined.

The index for ‘Minerals’ group rose by 0.8 percent to 130.4 (provisional) from 129.4 (provisional) for the previous month due to higher price of sillimanite (22%), iron ore (7%), chromite (3%), garnet (2%) and lead concentrate (1%). However, the price of limestone (3%) and manganese ore (1%) declined.

The index for ‘Crude Petroleum & Natural Gas’ group rose by 4.3 percent to 104.1 (provisional) from 99.8 (provisional) for the previous month due to higher price of crude petroleum (6%).

 

FUEL & POWER (Weight 13.15%)

The index for this major group declined by 1.0 percent to 110.0 (provisional) from 111.1 (provisional) for the previous month. The groups and items which showed variations during the month are as follows:-

The index for ‘Mineral Oils’ group declined by 1.8 percent to 105.5 (provisional) from 107.4 (provisional) for the previous month due to lower price of naphtha (11%), petrol (5%), petroleum coke (3%) and HSD (2%).  However, the price of LPG and ATF (6% each), kerosene (3%), furnace oil (2%) and bitumen (1%) moved up.

 

MANUFACTURED PRODUCTS (Weight 64.23%)

The index for this major group remained unchanged at its previous month level of 118.8. The groups and items which showed variations during the month are as follows:-

The index for ‘Manufacture of Food Products’ group declined by 0.4 percent to 129.0 (provisional) from 129.5 (provisional) for the previous month due to lower price of processing & preserving of fish, crustaceans & molluscs & products thereof (5%), palm oil and bagasse (4% each), cotton seed oil (3%), rice products, gur and manufacture of cocoa, chocolate & sugar confectionery (2% each) and rice bran oil, vanaspati, buffalo meat [fresh/frozen], sunflower oil, powder milk, sugar, rice [non-basmati], butter and chicken/duck [dressed-fresh/frozen] (1% each).   However, the price of molasses (8%), castor oil (6%), coffee powder with chicory (5%), honey (4%), wheat bran, gram powder (besan), other meats   [preserved/processed], groundnut oil and manufacture of starches & starch products (3% each), spices (including mixed spices), manufacture of processed ready to eat food, instant coffee and copra oil (2% each) and manufacture of prepared animal feeds, processed tea, manufacture of health supplements, basmati rice, ghee, condensed milk and mustard oil (1% each) moved up.
The index for ‘Manufacture of Beverages’ group rose by 0.7 percent to 121.7 (provisional) from 120.9 (provisional) for the previous month due to higher price of rectified spirit (2%) and aerated drinks/soft drinks (incl. soft drink concentrates) and country liquor (1% each).
The index for ‘Manufacture of Tobacco Products’ group declined by 0.6 percent to 149.7 (provisional) from 150.6 (provisional) for the previous month due to lower price of other tobacco products (1%).
The index for ‘Manufacture of Textiles’ group rose by 0.1 percent to 119.1 (provisional) from 119.0 (provisional) for the previous month due to higher price of manufacture of cordage, rope, twine & netting (2%) and weaving & finishing of textiles, manufacture of made-up textile articles, except apparel and woollen yarn (1% each).  However, the price of synthetic yarn and viscose yarn (2% each) and texturised & twisted yarn and manufacture of other textiles (1% each) declined.

The index for ‘Manufacture of Wearing Apparel’ group declined by 1.1 percent to 138.1 (provisional) from 139.6 (provisional) for the previous month due to lower price of manufacture of knitted & crocheted apparel (2%) and  manufacture of wearing apparel (woven), except fur apparel (1%).
The index for ‘Manufacture of Leather and Related Products’ group declined by 0.4 percent to 121.5 (provisional) from 122.0 (provisional) for the previous month due to lower price of belt & other articles of leather (5%) and waterproof footwear and canvas shoes (1% each).
The index for ‘Manufacture of Wood and of Products of Wood and Cork ‘group rose by 0.6 percent to 133.5 (provisional) from 132.7 (provisional) for the previous month due to higher price of wood cutting [processed/sized] (3%), particle boards and wooden board (non-electrical) (2% each) and timber/wooden plank [sawn/resawn] and wooden box/crate (1% each). However, the price of wooden block-compressed or not (1%) declined.
The index for ‘Manufacture of Paper and Paper Products’ group rose by 1.1 percent to 125.3 (provisional) from 123.9 (provisional) for the previous month due to higher price of paper bag including craft paper bag (11%), tissue paper (4%), laminated plastic sheet (3%), corrugated sheet box, paper carton/box, bristle paper board, newsprint and paper for printing & writing (2% each) and laminated paper, hard board and pulp board (1% each).  However, the price of corrugated paper board, map litho paper and base paper (1% each) declined.
The index for ‘Printing and Reproduction of Recorded Media’ group declined by 0.3 percent to 146.5 (provisional) from 146.9 (provisional) for the previous month due to lower price of printed labels/posters/calendars (1%).  However, the price of hologram (3d) (4%), printed form & schedule (2%) and sticker plastic (1%) moved up.
The index for ‘Manufacture of Chemicals and Chemical Products’ group rose by 0.3 percent to 120.8 (provisional) from 120.4 (provisional) for the previous month due to higher price of menthol and ammonia liquid (8% each), tooth paste/tooth powder and amine (5% each), hair oil/body oil (4%), ammonium phosphate, soda ash/washing soda, nitric acid and  ammonium sulphate (3% each), superphospate/phosphatic fertilizer [others], di ammonium phosphate, catalysts, aromatic chemicals, sulphuric acid, explosive, phosphoric acid, ammonium nitrate and detergent cake, washing soap cake/bar/powder (2% each) and caustic soda (sodium hydroxide), adhesive tape (non-medicinal), fungicide [liquid], aniline (including pna, ona, ocpna), alkyl benzene, epoxy [liquid], viscose staple fibre, organic solvent, mixed fertilizer, paint, alcohols, other inorganic chemicals, urea, adhesive excluding gum, ammonia gas, organic chemicals, poly propylene (PP), xlpe compound, varnish (all types), carbon black, powder coating material, printing ink and nitrogenous fertilizer [others] (1% each). However, the price of mono ethyl glycol (12%), hydrogen peroxide (8%), polyester film(metalized) (5%), acetic acid & its derivatives (4%), sodium silicate (3%), phthalic anhydride, fatty acid, toilet soap, organic surface active agent, rubber chemicals and polyethylene (2% each) and agro chemical formulation, insecticide & pesticide, polystyrene, expandable, poly vinyl chloride (PVC), oleoresin and ethyl acetate (1% each) declined.

 

The index for ‘Manufacture of Rubber and Plastics Products’ group rose by 0.3 percent to 110.4 (provisional) from 110.1 (provisional) for the previous month due to higher price of rubber components & parts (7%), plastic tape (3%), plastic button, elastic webbing, tractor tyre and plastic components (2% each) and 2/3 wheeler tyre, cycle/cycle rickshaw tyre, rubber moulded goods, PVC fittings & other accessories, acrylic/plastic sheet, tooth brush and plastic film (1% each). However, the price of rubber cloth/sheet (7%), polyester film (non-metalized) (4%), processed rubber, condoms and  conveyer belt (fibre based) (3% each), 2/3 wheeler rubber tube, polypropylene film and plastic furniture (2% each) and rubber crumb, plastic bag, plastic tank and solid rubber tyres/wheels (1% each) declined.

The index for ‘Manufacture of Other Non-Metallic Mineral Products’ group declined by 0.2 percent to 115.6 (provisional) from 115.8 (provisional) for the previous month due to lower price of ordinary sheet glass (4%), poles & posts of concrete and marble slab (2% each) and toughened glass, clinker, asbestos corrugated sheet, fibre glass incl. sheet and granite (1% each). However, the price of porcelain sanitary ware and lime & calcium carbonate (2% each) and white cement, ceramic tiles (vitrified tiles), cement blocks (concrete) and stone, chip (1% each) moved up.
The index for ‘Manufacture of Basic Metals’ group declined by 0.6 percent to 113.9 (provisional) from 114.6 (provisional) for the previous month due to lower price of sponge iron/direct reduced iron (DRI) (3%), aluminium ingot, aluminium shapes-bars/rods/flats, aluminium disk & circles, ms pencil ingots, pig iron, mild steel (MS) blooms and lead ingots, bars, blocks, plates (2% each) and MS castings, stainless steel pencil ingots/billets/slabs, galvanized iron pipes, aluminium alloys, gp/gc sheet, zinc metal/zinc blocks, cold rolled (CR) coils & sheets, including narrow strip, aluminium metal and  stainless steel tubes (1% each).  However, the price of alloy steel castings (3%), aluminium powder, copper shapes- bars/rods/plates/strips, copper metal/copper rings and silicomanganese (2% each) and rails, stainless steel coils, strips & sheets, MS wire rods, ferrochrome, ferromanganese, alumnium foil and cast iron, castings (1% each) moved up.
The index for ‘Manufacture of Fabricated Metal Products, Except Machinery and Equipment’ group rose by 0.4 percent to 116.2 (provisional) from 115.7 (provisional) for the previous month due to higher price of sanitary fittings of iron & steel (13%), electrical stamping- laminated or otherwise (8%), boilers (6%), iron/steel cap, steel door and stainless steel utensils (2% each) and bolts, screws, nuts & nails of iron & steel, steel drums & barrels, copper bolts, screws, nuts and metal cutting tools & accessories (1% each). However, the price of forged steel rings (3%), stainless steel razor (2%) and hose pipes in set or otherwise, steel pipes, tubes & poles, pressure cooker and jigs & fixture (1% each) declined.

The index for ‘Manufacture of Computer, Electronic and Optical Products’ group rose by 0.1 percent to 113.0 (provisional) from 112.9 (provisional) for the previous month due to higher price of meter (non-electrical) and capacitors (2% each) and electronic printed circuit board (PCB)/micro circuit and X-ray equipment (1% each). However, the price of electro-diagnostic apparatus, used in medical, surgical, dental or veterinary sciences (7%) and telephone sets including mobile hand sets, colour TV and sunglasses (1% each) declined.
The index for ‘Manufacture of Electrical Equipment’ group rose by 0.4 percent to 112.1 (provisional) from 111.6 (provisional) for the previous month due to higher price of transformer (5%), PVC insulated cable (3%), incandescent lamps and amplifier (2% each) and washing machines/laundry machines, electrical resistors (except heating resistors), electric switch gear control/starter, rotor/magneto rotor assembly, aluminium/alloy conductor, flourescent tube, jelly filled cables, electric wires & cables, generator parts, rubber insulated cables and fan (1% each).  However, the price of ACSR conductors (6%), safety fuse and electric switch (5% each) and insulator, fibre optic cables, electric mixers/grinders/food processors, lead acid batteries for vehicles & other uses and solenoid valve (1% each) declined.

The index for ‘Manufacture of Machinery and Equipment’ group rose by 0.3 percent to 111.7 (provisional) from 111.4 (provisional) for the previous month due to higher price of injection pump (6%), roller mill (raymond), cranes, air conditioning plant and lathes (3% each), pressure vessel & tank for fermentation & other food processing and printing machinery (2% each) and air or vacuum pump, rice mill machinery, moulding machine, material handling, lifting & hoisting equipment, chemical equipment & system, hydraulic equipment, gasket kit, evaporator, air gas compressor including compressor for refrigerator and industrial valve (1% each).  However, the price of hydraulic pump, oil pump and pharmaceutical machinery (2% each) and roller & ball bearings, manufacture of bearings, gears, gearing & driving elements, mining, quarrying & metallurgical machinery/parts, grinding or polishing machine, filtration equipment and centrifugal pumps (1% each) declined.

The index for ‘Manufacture of Motor Vehicles, Trailers and Semi-Trailers’ group rose by 0.7 percent to 113.7 (provisional) from 112.9 (provisional) for the previous month due to higher price of brake pad/brake liner/brake block/brake rubber, others (6%), seat for motor vehicles and passenger vehicles (2% each) and minibus/bus, axles of motor vehicles, chain and cylinder liners (1% each). However, the price of crankshaft (1%) declined.

The index for ‘Manufacture of Other Transport Equipment’ group has marginally increased to 112.1 (provisional) from 112.0 (provisional) for the previous month due to rise in the price of motor cycles.   However, the price of railway brake gear (2%) and scooters and wagons (1% each) declined.

The index for ‘Manufacture of Furniture’ group rose by 0.9 percent to 128.4 (provisional) from 127.3 (provisional) for the previous month due to higher price of iron/steel furniture (2%) and wooden furniture (1%).  However, the price of hospital furniture (2%) declined.

 

WPI FOOD INDEX (Weight 24.38%)

The rate of inflation based on WPI Food Index consisting of ‘Food Articles’ from Primary Articles group and ‘Food Product’ from Manufactured Products group decreased from -0.64% in October, 2018 to -1.96% in November, 2018.

 

FINAL INDEX FOR THE MONTH OF SEPTEMBER, 2018 (BASE YEAR: 2011-12=100)

For the month of September, 2018, the final Wholesale Price Index for ‘All Commodities’ (Base: 2011-12=100) stood at 120.9 as compared to 120.8 (provisional) and annual rate of inflation based on final index stood at 5.22 percent as compared to 5.13 percent (provisional) respectively as reported on 15.10.2018.

 

Next date of press release: 14/01/2019 for the month of December, 2018

This press release is available at our home page http://eaindustry.nic.in

 

Annexure-I

Wholesale Price Index and Rates of Inflation (Base Year: 2011-12=100)

          Month of  November, 2018
Commodities/Major Groups/Groups/Sub-Groups Weight WPI

November2018

Latest month over month Build up from March Year on year
2017-18 2018-19 2017-18 2018-19 2017-18 2018-19
ALL COMMODITIES 100.00 121.8 0.69 0.08 2.83 4.73 4.02 4.64
PRIMARY ARTICLES 22.62 137.2 1.57 0.66 7.00 7.02 5.59 0.88
Food Articles 15.26 146.1 2.09 0.21 9.81 6.41 6.41 -3.31
Cereals 2.82 152.7 -0.14 0.79 -1.93 5.60 -2.13 7.23
Paddy 1.43 155.6 -0.27 -0.06 1.02 1.97 2.90 4.29
Wheat 1.03 152.2 1.01 0.73 -2.45 7.79 -5.75 9.18
Pulses 0.64 130.8 -4.69 4.72 -10.19 6.95 -35.52 -5.42
Vegetables 1.87 167.3 14.26 2.58 93.50 45.23 59.87 -26.98
Potato 0.28 223.0 0.00 -3.71 31.28 70.88 -40.73 86.45
Onion 0.16 175.8 41.20 8.32 203.35 11.76 178.19 -47.60
Fruits 1.60 141.1 -3.40 -6.68 3.88 -7.29 6.48 -2.49
Milk 4.44 144.1 0.00 0.00 2.71 2.42 4.08 2.78
Eggs, Meat & Fish 2.40 137.4 1.10 1.70 2.38 3.23 4.73 0.00
Non-Food Articles 4.12 124.6 -1.18 0.97 -3.94 3.75 -0.51 6.40
Oil Seeds 1.12 140.7 -0.70 2.25 -1.24 1.44 -0.70 10.70
Minerals 0.83 130.4 -0.33 0.77 6.18 -5.71 10.02 6.97
Crude Petroleum 1.95 98.6 7.15 5.57 5.23 33.42 13.73 40.06
FUEL & POWER 13.15 110.0 0.85 -0.99 1.07 12.24 8.36 16.28
LPG 0.64 112.5 13.28 6.23 -2.46 32.20 32.32 23.22
Petrol 1.60 92.0 1.86 -4.76 -0.24 8.88 11.25 12.06
HSD 3.10 103.1 1.54 -1.53 1.06 14.43 12.16 20.16
MANUFACTURED PRODUCTS 64.23 118.8 0.26 0.00 1.51 2.59 2.70 4.21
Manufacture of Food Products 9.12 129.0 -0.08 -0.39 0.63 0.86 0.63 0.70
Manufacture of Vegetable And Animal Oils and Fats 2.64 116.7 1.84 -1.60 1.94 -0.26 2.31 5.61
Sugar 1.06 115.0 -0.38 -0.61 -0.69 -1.54 4.17 -11.40
Manufacture of Tobacco Products 0.51 149.7 0.87 -0.60 6.33 -0.40 6.40 -0.99
Manufacture of Textiles 4.88 119.1 0.18 0.08 0.00 4.29 1.90 5.49
Manufacture of Wearing Apparel 0.81 138.1 0.65 -1.07 4.36 0.29 6.03 -0.58
Manufacture of Leather and Related Products 0.54 121.5 -0.66 -0.41 -0.66 0.91 -2.21 1.59
Manufacture of Wood And of Products of Wood and Cork 0.77 133.5 -0.84 0.60 0.46 1.60 1.48 2.22
Manufacture of Paper and Paper Products 1.11 125.3 -1.17 1.13 1.99 4.16 2.79 6.19
Manufacture of Chemicals and Chemical Products 6.47 120.8 0.45 0.33 0.63 4.59 1.72 7.47
Manufacture of Rubber and Plastics Products 2.30 110.4 -0.19 0.27 -1.38 2.60 -0.46 2.89
Manufacture of other Non-Metallic Mineral Products 3.20 115.6 1.16 -0.17 3.39 1.40 2.82 2.30
Manufacture of Cement, Lime and Plaster 1.64 112.9 -0.09 -0.27 3.57 -0.62 2.26 -0.27
Manufacture of Basic Metals 9.65 113.9 0.60 -0.61 5.96 3.92 10.23 12.44
Mild Steel – Semi Finished Steel 1.27 100.2 0.43 -0.89 2.77 2.14 3.11 7.97
Manufacture of Fabricated Metal Products, Except Machinery and Equipment 3.15 116.2 1.46 0.43 2.49 3.75 7.23 4.50
Manufacture of other Transport Equipment 1.65 112.1 0.27 0.09 0.82 1.54 1.93 1.17
   

 

 

 

 

Annexure-II

 
                   
  Trend of Rate of Inflation for some important items during last six months  
                   
  Commodities/Major Groups/Groups/Sub-Groups Weight (%) Rate of Inflation for the last six months  
  Nov-18 Oct-18 Sept-18 Aug-18 July-18 June-18  
  ALL COMMODITIES 100.00 4.64 5.28 5.22 4.62 5.27 5.68  
  PRIMARY ARTICLES 22.62 0.88 1.79 3.04 -0.07 2.04 4.74  
  Food Articles 15.26 -3.31 -1.49 -0.21 -4.04 -2.10 1.87  
  Cereals 2.82 7.23 6.24 5.54 5.05 3.51 2.59  
  Paddy 1.43 4.29 4.08 4.64 4.78 3.96 3.71  
  Wheat 1.03 9.18 9.49 8.87 8.39 6.38 5.14  
  Pulses 0.64 -5.42 -13.92 -18.14 -14.12 -17.24 -20.23  
  Vegetables 1.87 -26.98 -18.65 -4.13 -20.00 -13.58 8.49  
  Potato 0.28 86.45 93.65 79.89 71.21 75.19 99.64  
  Onion 0.16 -47.60 -31.69 -23.74 -25.94 44.20 21.02  
  Fruits 1.60 -2.49 0.93 -6.97 -16.40 -8.81 3.73  
  Milk 4.44 2.78 2.78 2.21 2.86 2.87 2.37  
  Eggs, Meat & Fish 2.40 0.00 -0.59 -0.44 0.00 0.87 -0.07  
  Non-Food Articles 4.12 6.40 4.14 3.51 2.65 3.96 3.81  
  Oil Seeds 1.12 10.70 7.50 8.20 10.23 9.86 8.80  
  Minerals 0.83 6.97 5.81 0.85 7.12 13.14 4.23  
  Crude Petroleum 1.95 40.06 42.16 56.19 53.47 58.99 59.64  
  FUEL & POWER 13.15 16.28 18.44 17.30 17.73 18.10 16.52  
  LPG 0.64 23.22 31.39 33.51 46.08 31.53 20.19  
  Petrol 1.60 12.06 19.85 17.21 16.56 20.75 18.23  
  HSD 3.10 20.16 23.91 22.18 19.90 22.84 21.88  
  MANUFACTURED PRODUCTS 64.23 4.21 4.49 4.13 4.43 4.53 4.17  
  Manufacture of Food Products 9.12 0.70 1.01 0.86 1.73 1.74 1.10  
  Manufacture of Vegetable And Animal Oils and Fats 2.64 5.61 9.31 10.39 11.76 13.50 13.88  
  Sugar 1.06 -11.40 -11.20 -12.99 -11.15 -10.51 -13.37  
  Manufacture of Tobacco Products 0.51 -0.99 0.47 -0.13 0.33 2.82 4.50  
  Manufacture of Textiles 4.88 5.49 5.59 4.77 4.05 3.88 2.29  
  Manufacture of Wearing Apparel 0.81 -0.58 1.16 0.95 1.98 2.14 3.71  
  Manufacture of Leather and Related Products 0.54 1.59 1.33 2.00 1.84 2.49 2.84  
  Manufacture of Wood And of Products of Wood and Cork 0.77 2.22 0.76 -0.23 0.83 0.53 0.68  
  Manufacture of Paper and Paper Products 1.11 6.19 3.77 2.59 3.56 2.86 2.36  
  Manufacture of Chemicals and Chemical Products 6.47 7.47 7.60 7.46 6.93 6.48 5.47  
  Manufacture of Rubber and Plastics Products 2.30 2.89 2.42 2.14 1.77 2.05 0.83  
  Manufacture of other Non-Metallic Mineral Products 3.20 2.30 3.67 3.40 3.95 3.48 2.22  
  Manufacture of Cement, Lime and Plaster 1.64 -0.27 -0.09 -0.44 0.09 0.44 -1.22  
  Manufacture of Basic Metals 9.65 12.44 13.80 13.18 13.30 15.57 17.24  
  Mild Steel – Semi Finished Steel 1.27 7.97 9.42 9.13 8.03 8.50 12.63  
  Manufacture of Fabricated Metal Products, Except Machinery and Equipment 3.15 4.50 5.57 5.88 8.56 6.69 6.44  
  Manufacture of other Transport Equipment 1.65 1.17 1.36 1.73 1.65 1.92 1.19  

 

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MM/ SB

(Release ID: 1555904) Visitor Counter : 458

Supreme Court extends last date of filling claims and objections on inclusion of names in the draft National Register of Citizen (NRC) from December 15 to December 31, 2018.Supreme Court extends last date of filling claims and objections on inclusion of names in the draft National Register of Citizen (NRC) from December 15 to December 31, 2018.

Direct Tax Collections for F.Y. 2018-19 up to November, 2018


Gross collections at Rs. 6.75 lakh crore which is 15.7% higher than the gross collections for the corresponding period of last year

Posted On: 10 DEC 2018 12:13PM by PIB Delhi

The Provisional Figures of Direct Tax Collections up to November, 2018 show that gross collections are at Rs. 6.75 lakh crore which is 15.7% higher than the gross collections for the corresponding period of last year.

Refunds amounting to Rs.1.23 lakh crore have been issued during April, 2018 to November, 2018, which is 20.8% higher than refunds issued during the same period in the preceding year. Net collections (after adjusting for refunds) have increased by 14.7% to Rs. 5.51 lakh crore during April – November, 2018. The Net Direct Tax collections represent 48% of the total Budget Estimates of Direct Taxes for F.Y. 2018-19 (Rs. 11.50 lakh crore).

So far as the Growth Rate for Corporate Income Tax (CIT) and Personal Income Tax (PIT) is concerned, the Growth Rate of Gross Collections for CIT is 17.7% while that for PIT (including STT) is 18.3%. After adjustment of refunds, the Net Growth in CIT collections is 18.4% and that in PIT collections is 16.0%. It is pertinent to mention that collections of the corresponding period of F.Y. 2017-18 also included extraordinary collections under the Income Declaration Scheme (IDS), 2016 amounting to Rs.10,833 crore (Third and last instalment of IDS), which do not form part of the Current Year’s collections.

 

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DRI concludes discussions with International Customs partner agencies in a two-day meeting held on 4th and 5th December, 2018

Special emphasis made on sharing of data and intelligence between different Customs administrations;

Extensive discussions held regarding mutual strategy to counter organized crime related to drugs, precious metals & stones, money laundering and black economy

Directorate of Revenue Intelligence (DRI), the anti-smuggling intelligence and investigation agency functioning under the Central Board of Indirect Taxes and Customs (CBIC), observed its 61st Founding Day and concluded Regional Customs Enforcement Meeting (RCEM) on 4th and 5th December, 2018 in New Delhi.

A function to commemorate the occasion was organized at Dr. Ambedkar International Centre, New Delhi on 4th December, 2018. The Union Finance Minister, Shri Arun Jaitley  was the Chief Guest of the event. Shri Ajay Bhushan Pandey, Secretary (Revenue) and Shri S. Ramesh, Chairman, CBIC were also present on the occasion.

The Union Finance Minister congratulated the DRI and its officers on their performance and exhorted the DRI to maintain high integrity and professional standards, and endeavour to become a ‘near perfect’ organization. Shri Jaitley laid out certain cardinal principles for investigative agencies, including the need to be guided by one sole purpose, which is detection of crime.

During the function, the Union Finance Minister awarded the DRI Martyr’s Medal to Late Shri L. D. Arora, Additional Commissioner of Customs and Central Excise, who laid down his life in service to the Nation while working against the underworld responsible for the Mumbai blasts of 1993. He also appreciated DRI’s initiative to honour its ex-officers for exemplary service with the ‘DRI Utkrisht Seva Samman’.

The Union Finance Minister Shri Jaitley unveiled “Smuggling in India Report 2017-18” which analyses organized smuggling trends on topics such as Gold & Foreign Currency, Narcotic Drugs, Security, Environment, Commercial Frauds. Excerpts of this report are enclosed.

The Inaugural Function was followed by the 5th Regional Customs Enforcement Meeting where the Heads of Customs Enforcement of 21 countries from South-Asia, West-Asia and Asia-pacific, apart from representatives from WCO, Interpol, UNODC and RILO AP were invited.

During the two daymMeeting, there was special emphasis on sharing of data and intelligence between different Customs administrations. Extensive discussions were held regarding mutual strategy to counter organized crime related to drugs, precious metals & stones, money laundering and black economy.

Presentations on these subjects were made by Interpol, World Customs Organization (WCO), Iran, Mauritius and Australia. DRI made the presentation on ‘Data Exchange to Control Illicit Trade’, highlighting the need, relevance, benefit and challenges for effective exchange of Customs data and proposed a four-stage model. This was followed by another presentation by DRI on ‘Drug Trafficking, Smuggling and Organized Financial Crime’.

Interpol outlined the important steps taken in recent times to promote Police-Customs co-operation. The presentation from WCO outlined the strategy and operations against drugs and NPS trafficking. Iran gave a detailed presentation on various kinds of narcotics seizures made by them. UNODC (South Asia), gave a brief overview of the mandate of UNODC which includes combating, apart from drugs and organized crime, terrorism, smuggling and corruption.

The delegate from Mauritius in his presentation laid great emphasis on sharing of information and intelligence on real-time basis. The last presentation was from Australia who elaborated on ‘Passenger profiling and Targeting capability’ and explained their layered approach in profiling, which was highly appreciated.

All the participating countries agreed to co-operate closely and counter the organized cross-border crime.

 

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Women of India Organic Festival to be held at IGNCA, New Delhi from 26th October to 4th November, 2018

The Ministry of Women and Child Development is organizing the 5th edition of the Women of India Organic Festival from 26th October to 4th November, 2018 at Indira Gandhi National Centre for the Arts, Janpath Road, New Delhi. This is aimed to boost organic culture and promote Women Organic Farmers and Entrepreneurs. Being the country’s largest organic festival, it bears witness to the fact that women are the torchbearers of the nation’s organic movement.

“The WOI Festival has given a successful platform to empower women farmers and entrepreneurs in a festive and fruitful manner for the past 4 years. It is a matter of great satisfaction for me that the Ministry’s efforts ultimately boost these illustrious rural women’s local communities and economy by creating jobs and keeping farmers thriving in addition to spreading awareness about the benefits of organic products,” said The Minister of Women & Child Development, Smt. Maneka Sanjay Gandhi.

With over 500 women entrepreneurs coming together from across the country with their organic products such as cereals, rice, pulses, skin-care products, fabric, jewellery, etc, this is the perfect example of how the festival is creating a revolution and making women self-reliant. For the first time, ‘The Vegan Project’ and Food Court with cooked-on-site delicacies will also be available.

Participants from the remotest parts of the country travel and stay in Delhi for the entire duration of the Festival, while having the opportunity of selling their healthy and wholesome produce to the people of Delhi and surrounding areas.

To make the organic movement more accessible to public, the Ministry has changed the venue for the 2018 edition to IGNCA and has kept Entry and Parking Free for All.

 

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