Cabinet approves 6th Pay commission recommendations * Pay revision with effect from 1 January, 2006 * Minimum entry level pay raised to Rs7,000 from Rs6,660 per month recommended by the Commission * Financial implication of Pay Commission on General Budget Rs15,700 cr; Rs6,400 cr on Railway Budget in 2008-09 * SBI gets finance ministry nod to buy associate - Livemint
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