7th Pay commission effect? Pension spend by government to beat salary payment
7th Pay commission: The government's outgo on pension will exceed the expenditure on salaries by nearly Rs 10,000 crore in the current financial year, and the trend will continue for two more years till March 2021, a Finance Ministry document said today.
7th Pay commission: As per the projections, the salary bill of the government will go up from Rs 1.50 lakh crore in last fiscal to Rs 1.58 lakh crore this year. Image source: PTI