7th Pay Commission: How salary hike chances are improving day by day
7th Pay Commission: Many states have already indicated that they may have ordered the implementation of the 7th Pay Commission recommendation, but they at the same time flagged the impact on their revenues. While no such thing has been mentioned by the Centre, there is no doubt that such a big expenditure by government on its staff will hurt the revenues and raise prospects of dreaded deficit raising its head.
7th Pay Commission: India's GDP trajectory is soaring upwards and this in turn will ensure government revenues at the central level reach a more than comfortable level. Image source: Reuters