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New series of wage rate index
November 28 , 2021
1087 days
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- The Labour ministry has released the new series of wage rate index (WRI) with the base year being 2016.
- The government periodically revises the base year of WRI for key economic indicators in order to provide a clear picture of economic changes and record the wage pattern of workers.
- The new series of WRI with base 2016=100 will replace the old series with base 1963-65.
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