7th Central Pay Commission: How 2016 is different vs 2008 for macros and markets

7th Central Pay Commission: How 2016 is different vs 2008 for macros and markets Global financial services major UBS in a report said investors are complacent about any potential change in India’s policy framework, especially in the backdrop of 7th Central Pay Commission. The brokerage expects CPC to negatively impact government’s fiscal consolidation path and … Read more

Implementation of 7th Pay Commission to impact govt’s fiscal math: Deutsche Bank

Implementation of 7th Pay Commission to impact govt’s fiscal math: Deutsche Bank NEW DELHI: Implementation of the Seventh Pay Commission recommendations is likely to exert pressure on the government’s fiscal finances and inflation trajectory going forward, says a Deutsche Bank report. According to the global financial services firm, the government is likely to meet its … Read more

7th Pay Commission report placed before group of secretaries, says Venkaiah Naidu

7th Pay Commission report placed before group of secretaries, says Venkaiah Naidu MANGALURU: Acknowledging that the recommendations of the 7th Pay Commission will be a drag on the union government’s finances, union minister for Urban Development, Housing and Urban Poverty Alleviation and Parliamentary Affairs M Venkaiah Naidu said the government is yet to form a … Read more

7th Pay Commission News :Empowered Committee may double minimum basic pay

7th Pay Commission: Good news for govt employees! Panel may double minimum basic pay New Delhi, Feb 12: There is good news for the central government employees who are waiting for the implementation of Seventh Pay Commission. According to reports, the percentage of pay hike recommended by the pay commission may be doubled. According to … Read more