suspense on salary slips for nearly 40 lakh government employees should come to an end. Budget 2008-09 is expected to provide the first indications of whether the Sixth Pay Commission will turn out to be a bonanza.
And if the provision for railway employees is an indication (Rs 5,000 crore for 14 lakh em-ployees), government employees may be in for a 20%-25% hike. In the current fiscal, the outgo on account of pay and allowances for the government is being estimated at Rs 46,379 crore. However, if one factors in the arrears and pensions with retrospective effect from January 1, 2006, the actual impact could be as high as three times this figure, experts say.
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suspense on salary slips for nearly 40 lakh government employees should come to an end. Budget 2008-09 is expected to provide the first indications of whether the Sixth Pay Commission will turn out to be a bonanza.
And if the provision for railway employees is an indication (Rs 5,000 crore for 14 lakh em-ployees), government employees may be in for a 20%-25% hike. In the current fiscal, the outgo on account of pay and allowances for the government is being estimated at Rs 46,379 crore. However, if one factors in the arrears and pensions with retrospective effect from January 1, 2006, the actual impact could be as high as three times this figure, experts say.
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