Aditi Nayyar, Senior Economist at ICRA says that the recommendations will have 0.65 percent hit on the gross domestic product (GDP). However, she adds that it will not have much impact on the fiscal deficit. The 7th Pay Commission, headed by ... Moneycontrol.com, 6 days ago
Growth of net sales slowest since Q4 FY09; 13.91 lakh EVMs that need to be replaced before the 2019 Lok Sabha elections The project to clean up river Ganga has suffered from poor implementation. Between June 2011 and June 2014, only 28% of ...Livemint.com, 1 month ago
The 7th Pay Commission (SPC) said the government's size vis-à-vis the GDP will stay roughly constant over the medium term but an analysis by FE showed the pay, allowances and pension (PAP) of government staff (Centre plus states) could rise to10.3% ...Financial Express, 5 days ago Pay award to hit fiscal fitness Financial Express, 5 days ago
The Centre could discontinue the practice of appointing pay commissions every 10 years to suggest salary revisions for its staff, justice AK Mathur, chairman of the Seventh Central Pay Commission (7th CPC), said. The Centre could discontinue the ...Financial Express, 5 days ago Pay panel: Give bumper hike to babus | Won't impact finances Economic Times, 6 days ago Why Seventh Pay Commission May Recommend Modest Hike NDTV, 1 week ago
While infrastructure expansion is in a slowdown mode across developed and emerging economies, India is opening up. Jas the Indian economy suddenly gained momentum? The revision in the way GDP is calculated - with a change in the base year and a ...ASAPP, 1 week ago
Following its successful navigation of turbulent social and political waters, the Egyptian cement industry has more recently had to face the challenge of overcoming gas shortages and a phase-out of power subsidies. Diversifying energy and power ...Cemnet, 2 weeks ago
Sure, subsidies mess with government finances, but so do the plethora of tax exemptions and concessions that India offers. Could it be that the brouhaha over subsidy reduction is giving cover to a more hideous villain? To wit: India spends a ...Financial Express, 1 month ago
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