V
V.Balasubramani
Guest
Bonanza for central government employees as 7th Pay Panel recommends 23.55% hike
NEW DELHI: Central government employees and pensioners are set for a big bonanza with the Seventh Pay Commission proposing a generous increase in their salary and allowance.
If accepted, the employees and pensioners will be richer by Rs 1.02 lakh crore, providing a big boost to the economy though the government finances will stretch the government's fiscal consolidation drive.
It will benefit 47 lakh serving employees of the government and 52 lakh pensioners.
Read more at:
http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst
NEW DELHI: Central government employees and pensioners are set for a big bonanza with the Seventh Pay Commission proposing a generous increase in their salary and allowance.
If accepted, the employees and pensioners will be richer by Rs 1.02 lakh crore, providing a big boost to the economy though the government finances will stretch the government's fiscal consolidation drive.
It will benefit 47 lakh serving employees of the government and 52 lakh pensioners.
Read more at:
http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst