7th Pay Commission: Another reason rises that favours government servants
7th Pay Commission: Notably, the government is worried that the massive outgo of finances on salary hike may have a massive impact on the sarkari exchequer. However, a number of good news has come from various sources, institutions and agencies that say the position of the Indian economy is getting stronger by the day. In fact, IMF says the going is so good that India has become the fastest growing economy in the world for 2018 at 7.4 percent. Another foreign agency has held out an even better forecast.
7th Pay Commission: There has been a constant stream of information that has been building up positivity to boost the demand for a fitment factor hike to 3.68 times that will boost minimum salaries to Rs 26,000 level. Image source: PTI