Finance ministry braces for Seventh Pay Commission recommendations2 min read . Updated: 13 Aug 2015, 03:07 PM IST
Salary, pensioncosts set to grow 15.8% and 16%, respectively, in FY17, leaving govt less money to build capital assets
New Delhi: The finance ministry is apprehensive about the recommendations of the Seventh Pay Commission, expected this month, significantly increasing the revenue expenditure of the government in the next fiscal, leaving it less money to spend on building capital assets.
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