Financial impact due to 7th Pay
Commission: Details of Rajya Sabha Q&A
GOVERNMENT
OF INDIA
MINISTRY
OF FINANCE
RAJYA
SABHA
QUESTION NO 241
ANSWERED
ON 26.04.2016
Requirement of growth in economy for
sustaining the burden of wage increase
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;
(b) if so, the details thereof;
(c) whether it is also a fact that
there would be a burden of Rs. 1.02 lakh crore on account of implementation of
the Seventh Pay Commission; and
(d) if so, the details thereof?
May 04, 2016
Kalaivaraikalai








