Thursday, July 19, 2012

Necessasity to Constitute 7th pay commission immediately

Confederation of Central Govt. Employees & workers have prepared a comparative chart of the price of 14 commodities, which go into the computation of minimum wage. Placed there-under is the computation of the Minimum wage on the basis of the prices of the requisite articles as in January, 2012.  It could be seen there-from that while the prices on an average registered an increase of 152% the DA compensation had only been 65%. This fact may kindly be used to bring home the necessity of revision of wages immediately. 



Sl. No
Item
Rate
Anushakthi nagar co-op stores
Chembur open market
Average
GROCERY ITEMS
01
Rice Old Masuri
24.00
32.00
28.00
02
Wheat
21.00
25.00
23.00
03
Tur Dal
66.00
80.00
73.00
04
Moong Dal
64.00
76.00
70.00
05
Udid Dal
58.00
78.00
68.00
06
Sugar
34.00
36.00
35.00
07
Jaggary
45.00
47.00
46.00
DETERGENT
01
Bath Soap - 125 gm
16.00
16.00
16.00
02
Surf
187.00
187.00
187.00
03
Detergent Cake - 125 gm
13.00
13.00
13.00
OIL
01
KPL Coconut Oil  - 1ltr
125.00
127.00
126.00
02
Dhara Sunflower Oil  - 1Ltr
109.00
125.00
117.00
03
Saffola Gold  - 1Ltr
145.00
145.00
145.00
NON VEG ITEMS
01
Mutton
320.00
320.00
320.00
02
Fish
300.00
320.00
310.00
03
Egg – per dozen
48.00
48.00
48.00
DIARY PRODUCTS
01
Milk – Cow
32.00
36.00
34.00
02
Milk Buffalo
42.00
48.00
45.00
VEGETABLES
01
Onion
14.00
14.00
14.00
02
Potato
24.00
26.00
25.00
03
Tomato
30.00
32.00
31.00
04
Cabbage
40.00
40.00
40.00
05
Flower
50.00
50.00
50.00
06
Karela
40.00
40.00
40.00
07
Baingan
40.00
40.00
40.00
08
French Beans
100.00
100.00
100.00
09
Gajjar
40.00
40.00
40.00
10
Ladies Finger  - Bhendi
40.00
42.00
41.00
11
Beet Root
40.00
40.00
40.00
12
Green Leaves
50.00
56.00
53.00
FRUITS
01
Anar
140.00
140.00
140.00
02
Apple
150.00
150.00
150.00
03
Pappaya
30.00
36.00
33.00
04
Pears
140.00
140.00
140.00
05
Moosambi
50.00
50.00
50.00
06
Chickoo
40.00
40.00
40.00
07
Bannana - per dozen
40.00
40.00
40.00


Comparative Chart:

Sl.No.
Name:
Rate> 1.1.06
Rate  > 1.1.12
Difference
% increase
1
Rice/Wheat(average)
18.00
25.50
  7.50
  41.7
2
Dhall (average of 4 items)
40.00
70.33
30.33
  75.8
3
Raw vegetable(average of 8 items)
10.00
48.90
38.90
389.0
4
Green leaf vegetable
10.00
53.00
43.00
430.0
5
Other vegetable (average of 3 items)
10.00
23.33
13.33
133.3
6
Fruits(average of 7 items)
30.00
86.10
56.10
187.0
7
Milk (average of two varieties)
24.00
39.50
15.50
  64.6
8
Sugar & Jaggery average
24.00
40.50
16.50
   68.8
9
Edible oil (average)
50.00
129.33
79.33
158.7
10
Fish
120.00
310.00
190.00
 158,0
11
Meat
120.00
320.00
200.00
      167.0.
12
Egg
2.00
4.00
2.00
 100.0
13
Detergents(quantity computed as per monthly requirements. Average of 3 items. Bathing soap, washing soap and detergent powder)
200.00
332.00
132.00
  66.0
14
Clothing. Monthly requirement 60 meters without anciliary charges)
80.00
150.00
70.00
88.0





2127.9/14=152%@

@As against the increase of 152%, the CGEs are granted DA @65% as on 1.1.2012.

Minimum Wage based on 15th ILC Norms
As per the prevailing rates of commodities as on 01.06.2012
Item
Per Day
PCU ( in Grams)
Per month
3 CU ( in Kg)
Price per Kg
As on 01.06.2012
Total cost per month
Rice/Wheat
475
42.75
25.50
1090.12
Dal
Toor/Urad/Moong
80
7.2
70.33
506.38
Raw Veg
100
9.00
48.90
440.10
Green Leaf Veg
125
11.25
53.00
596.25
Other Veg
Onion, potato, tomato
75
6.75
23.33
157.48
Fruits
120
10.8
86.10
929.48
Milk
200 ml
18 Lt
39.50
711.00
Sugar/Jaggery
56
5.00
40.50
202.50
Edible Oil
40
3.6
129.33
465.59
Fish

2.5
310.00
775.00
Meat

5.00
320.00
1600.00
Egg

90 Nos
4.00
360.00
Detergents etc
Bath & washing soap, washing powder, etc


332.00
per month
332.00
Clothing
$

5 mtrs per month. Deduced from 60 mtrs per annum
Rs. 200 per meter
1000.00
Total



9165.90
Misc. @ 20%
*



1833.18
Total



10999.08
Addl. Exp @ 25%
**



2749.77
Total



13748.85
Housing



1527.65
Grand Total



15276.50



PCU   = Per Day Consumption Unit

3 CU  = Three Consumption Unit

*        = 20% miscellaneous charges towards fuels, electricity, water, etc

**      = Additional Expenses @ 25% includes expenditure towards education, medical, treatment, recreation, festivals, etc.as per Supreme Court decision.

 Clothing as prescribed is 70 yards per year.  This will work out to 5 mtrs per month and the cost include the ancillary charges like stitching etc. 

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