Pay hike not to impact inflation, say economists2 min read . Updated: 14 Aug 2008, 06:18 PM IST
Pay hike not to impact inflation, say economists
New Delhi: Pay hike for central government employees is unlikely to have any major impact on inflation but it will certainly have a telling effect on interest rates and fiscal deficit, which has already come under pressure due to rise in various unbudgeted expenditure, feel economists.
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