• Breaking News

    Saturday, 3 October 2015

    SEVENTH PAY COMMISSION MAY CAUSE INFLATION

    Seventh Central Pay Commission Chairman 
    Justice Ashok Kumar Mathur
    New Delhi: It is anticipated prices of goods could rise, causing inflation, as soon as the Seventh Pay Commission announces the revised pay-scale for central government employees and the states government employees would have to bear the brunt.

    Accordingly, the implementation of the Seventh Pay Commission’s recommendations will ravage the finances of the central and state governments.

    Inflation has been whacking Indian budgets over the last few years. What has hurt the common man even more is food inflation. Food prices have risen at a much faster pace than overall prices.

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