7th Pay Commission: Chances of salary hike rising for central government employees; here is latest news
7th Pay Commission: The problem with the entire issue is the whopping financial outgo that the central government will have to bear if the hike, as per demands, is granted. A number of states and yes, even the Indian Railways, have raised the issue of their revenues being affected. From down in Tamil Nadu to up there in Jammu And Kashmir, the issue of the impact of 7th pay commission outgo on sarkari revenues, that may drive deficits to new highs, have been raised time and again.
7th Pay Commission: Central government employees have been waiting endlessly for some real news to come about their demands to raise their salaries by boosting the fitment factor to 3.68 times rather than the current 2.57 times. Image source: Reuters