Central Government Employees Can Expect Good News in the Upcoming Budget Regarding 7th Pay Commission
As the big budget day approaches, expectations of Central Government Employees have also increased regarding the 7th Pay Commission. It will not be wrong to say that some good news for Central Government employees can be expected.
As the big budget day approaches, expectations of Central Government Employees have also increased regarding the 7th Pay Commission. It will not be wrong to say that some good news for Central Government employees can be expected, especially on the issue relating to a hike in basic minimum pay once the budget is presented on July 5.
Now the question arises will the Finance Minister declare any good news for the CG employees at a time when the economy has hit a five year low?
Hence, the upcoming budget is likely to bring some big surprises for central government employees. Though, the main focus of the budget would be to pull the economy out of the ICU, but there are also talks that the Finance Minister, Nirmala Sitharaman can consider the demands of the CG employees as well.
If a pay hike is declared, then it will be considered that there would be more spending due to which money would come into the market and help the economy to revive. The government would want to infuse more money into the market so that there is an increase in demand.
However, prior to the preparations, the Finance Minister was briefed about the issue relating to the CG employees. According to sources, “The Minister was keen on addressing the issue and it is most likely to take into account the demands of the CG employees.”
It is to be noted that, the CG employees have been demanding a pay hike of Rs 26,000. They were not happy with the basic minimum pay of Rs 18,000 which was suggested by the 7th Pay Commission.
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