[root@localhost yum.repos.d]#  yum install python-pip
Loaded plugins: product-id, refresh-packagekit, security, subscription-manager
Updating certificate-based repositories.
Setting up Install Process
Resolving Dependencies
--> Running transaction check
---> Package python-pip.noarch 0:7.1.0-1.el6 will be installed
--> Processing Dependency: python-setuptools for package: python-pip-7.1.0-1.el6.noarch
--> Running transaction check
---> Package python-setuptools.noarch 0:0.6.10-3.el6 will be installed
--> Finished Dependency Resolution

Dependencies Resolved

=======================================================================================================================================================================
 Package                                      Arch                              Version                                    Repository                             Size
=======================================================================================================================================================================
Installing:
 python-pip                                   noarch                            7.1.0-1.el6                                epel                                  1.5 M
Installing for dependencies:
 python-setuptools                            noarch                            0.6.10-3.el6                               rhel_6_iso                            336 k

Transaction Summary
=======================================================================================================================================================================
Install       2 Package(s)

Total download size: 1.9 M
Installed size: 8.1 M
Is this ok [y/N]: y
Downloading Packages:
(1/2): python-pip-7.1.0-1.el6.noarch.rpm                                                                                                        | 1.5 MB     00:12     
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------
Total                                                                                                                                  149 kB/s | 1.9 MB     00:12     
warning: rpmts_HdrFromFdno: Header V3 RSA/SHA256 Signature, key ID fd431d51: NOKEY
Retrieving key from file:///media/RHEL_6.2%20x86_64%20Disc%201/RPM-GPG-KEY-redhat-release
Importing GPG key 0xFD431D51:
 Userid: "Red Hat, Inc. (release key 2) <security@redhat.com>"
 From  : /media/RHEL_6.2%20x86_64%20Disc%201/RPM-GPG-KEY-redhat-release
Is this ok [y/N]: y
Importing GPG key 0x2FA658E0:
 Userid: "Red Hat, Inc. (auxiliary key) <security@redhat.com>"
 From  : /media/RHEL_6.2%20x86_64%20Disc%201/RPM-GPG-KEY-redhat-release
Is this ok [y/N]: y
Running rpm_check_debug
Running Transaction Test
Transaction Test Succeeded
Running Transaction
  Installing : python-setuptools-0.6.10-3.el6.noarch                                                                                                               1/2 
  Installing : python-pip-7.1.0-1.el6.noarch                                                                                                                       2/2 
rhel_6_iso/productid                                                                                                                            | 1.7 kB     00:00 ... 
Installed products updated.

Installed:
  python-pip.noarch 0:7.1.0-1.el6                                                                                                                                      

Dependency Installed:
  python-setuptools.noarch 0:0.6.10-3.el6                                                                                                                              

Complete!
[root@localhost yum.repos.d]# which pip
/usr/bin/pip