7th Pay Commission: Here is what the RBI has told the government

7thpayDoes the implementation of the 7th Pay Commission aid inflation. The Reserve Bank of India has once again outlined that the implementation of the pay panel’s recommendation would lead to inflation. However Central Government employees waiting for an update on their higher allowances, pay hike, arrears and HRA need not worry as the Union Cabinet can and will take an independent decision.

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Author: Vicky Nanjappa

just a reporter

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