Economy

7th Central Pay Commission: Strong GDP growth, Lok Sabha elections raise salary hike optimism, says report

Updated : June 25, 2018 05:01 PM IST

Economic growth along with the upcoming Lok Sabha elections have raised the hopes of the employees.

Finance Minister Arun Jaitley, had back in 2016 promised to hike salary beyond the pay commission recommendations.

With lakhs of former and current staff from various universities gaining benefit from the new decision, central employees too are expecting similar gains.

Strong quarterly growth numbers along with the upcoming Lok Sabha elections have once again raised hopes among the central government employees that the Narendra Modi government would fulfill their demand of hike in minimum basic pay, reported DNA on Monday.

Over 50 lakh employees are hopeful that the government will fulfill the promise given by Finance Minister Arun Jaitley, who back in 2016 promised to hike salary beyond the recommendation of the Seventh Pay Commission, according to the report.

India's economic growth have exceeded the estimates. The fourth-quarter GDP growth stood at an 18-month high of 7.7 percent, retaining India’s ranking as the world’s fastest-growing major economy, outpacing China by nearly a percentage point.

Experts also believe that 2019's general elections would also force the central government to fulfill their demands.

7th Central Pay Commission: Strong GDP growth, Lok Sabha elections raise salary hike optimism, says report

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