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03/05/2016

IMPORTANT QUESTION & ANSWER - Financial impact due to 7th Pay Commission: Details of Rajya Sabha QUESTION & ANSWER


GOVERNMENT OF INDIA
MINISTRY OF  FINANCE
QUESTION NO  241
ANSWERED ON  26.04.2016
Requirement of growth in economy for sustaining the burden of wage increase
7thcpc+financial+impact

241 Shri A. K. Selvaraj
Will the Minister of FINANCE be pleased to satate :-
(a) whether it is a fact that India needs to grow by an additional 1-1.5 percentage points so that it can sustain the burden of wage increases and pass on more benefits to workers;

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