send mail to support@abhimanu.com mentioning your email id and mobileno registered with us! if details not recieved
Resend Opt after 60 Sec.
By Loging in you agree to Terms of Services and Privacy Policy
Claim your free MCQ
Please specify
Please verify your mobile number
Login not allowed, Please logout from existing browser
Please update your name
Subscribe to Notifications
Stay updated with the latest Current affairs and other important updates regarding video Lectures, Test Schedules, live sessions etc..
Your Free user account at abhipedia has been created.
Remember, success is a journey, not a destination. Stay motivated and keep moving forward!
Refer & Earn
Enquire Now
My Abhipedia Earning
Kindly Login to view your earning
Support
Recently, Ministry of Labour released a new series of Wage Rate Index (WRI) with base year 2016.
Key Points
Why base year was revised?
Central government periodically revises base year for major economic indicators for reflecting the changes in economy and for capturing wage pattern of workers. This time, the WRI base year has been revised on the recommendations of National Statistical Commission, International Labour Organization etc. in order to enhance the coverage and to make index more representative.
New WRI series
New WRI series will be compiled twice a year, as on January 1 and July 1 each year, on point-to-point half-yearly basis. Weighting diagram in new WRI series was prepared based on the results of seventh round of Occupational Wage Survey. In the new WRI basket, total 37 industries have been covered as opposed to 21 industries in 1963-65 series.
By: Brijesh Kumar ProfileResourcesReport error
Access to prime resources