The Index Fraud : Memoranda submitted to the Experts Committee on Consumer Price Index Numbers, Bombay by AITUC, INTUC and HMS

Abstract

Focuses on the dearness allowance and the cost of living index, which remained stable although prices had increased between 15 and 40 percent in the past year. Includes the following chapters: AITUC memorandum with table showing original specifications and the change noticed in both these specifications on various articles taken for the realisation of Working Class Cost of living index in Bombay, and notes on changes effected in specifications; INTUC memorandum; HMS memorandum. Appendices: Resolution of the Maharashtra government on appointment of expert committee; Extent of error in official Consumer Price Index (CPI).