<span style="color: #222222;">Labour Minister Santosh Gangwar today released the new series of Consumer Price Index for industrial workers (CPI-IW) with 2016 Base Year in New Delhi.<br />''<br />''Mr Gangwar said, the CPI-IW is used primarily for measuring Dearness Allowance payable to workers in the organized sector including Public Sector Undertakings, Banks and Insurance companies besides government employees.<br />''<br />''He said, earlier the base year for the CPI-IW was 2001.<br />''<br />''The Minister said, it is an important economic indicator.</span>