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Friday, November 20, 2015

Point blank: 7th Pay Commission recommendations will hurt govt finances hard

In 2005-06, the total government expenditure had stood at Rs 5,06,123 crore. A decade later in 2015-16, the total government expenditure is projected to be at Rs 17,77,477 crore. This means an increase in expenditure at around 13.4 percent per year.

The post Point blank: 7th Pay Commission recommendations will hurt govt finances hard appeared first on Firstpost.



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