Now, the bill

Gaurav Shukla emphasizing the need to link salaries to performance, calculates the bill:

The pay hike will bring about massive strain on the exchequer. With the implementation of the fifth pay commission’s recommendations, the central government’s wage bill shot up by nearly 99 per cent. The present recommendations, when implemented, are expected to cause an additional annual encumbrance of Rs 20,000 crore.

Tejinder pegs the costs at a lower level:

The series of proposals made by the 6th pay commission, if implemented would cost the government Rs 12,561 crore -in 2008-09. In addition it would involve an additional one-time burden of Rs 18060 crore on payment of arrears.

And how about inflation and the danger of rising living costs for the aam aadmi, Satish seems to ask:

About forty-five lakh government employees will get 40-60% salary hike putting an additional burden of Rs20,000 crores. What would happen to the pernicious inflation and also the growing disparity between the rich and the poor? There is no time for the policy framers to ponder over these mundane matters now as vote-bank politics is ruling supreme. For those hapless millions who are not part of any pressure groups, such bonanza makes little difference to their lives and on the contrary, they are viewed as ominous signs of darker days ahead.

.

Linked by kuffir. Join Blogbharti facebook group.

0 Responses to “Now, the bill”


  1. No Comments

Leave a Reply

Enter the two words with a space in between




Hearing the voices

Did you know that 87% of all links that Blogbharti linked to in it's first year were new? Did you know that in the 2,376 posts we did, we provided you with 3,087 links individual links excluding self-links and links to technorati and del.icio.us? Read more here.

 

January 2009
M T W T F S S
« Dec    
 1234
567891011
12131415161718
19202122232425
262728293031  

Get Blogbharti Content

Important note: The site feed urls have changed. Please update your feed reader with these feed urls

Site Feed
Comments Feed

Contact us:

Email us at contact [at] blogbharti.com

Active Discussions

  • Soul (3)
  • Hilal Rajpori (2)
  • imtiyazmir50 (2)
  • Mumbai (2)
  • prof rishi dogra (2)
  • Saint (2)
  • sudipta (2)
  • vinod razdan (2)
  • abcd (1)
  • Ajaz Ahmed (1)
  • ajaz chiloo (1)
  • Aninda (1)
  • Anita Sangwan (1)
  • Anup (1)
  • ashutosh (1)
  • BASHIR (1)
  • charles darwin (1)
  • deep (1)
  • Deepak (1)
  • Deepak Dhawan (1)
  • dhiren (1)
  • Dr Rumisa Wafai (1)
  • dudoo (1)
  • harshit (1)
  • Jayalakshmi (1)
  • lauduchand (1)
  • Mahendra Lokhande (1)
  • Mahesh (1)
  • mashood (1)
  • Mohammed Nasir (1)
  • Mridula (1)
  • NIRAJ (1)
  • Pankaj (1)
  • Prakash Kumar Ghosh (1)
  • Pramit Singh (1)
  • Sanjeev sivadas (1)
  • sarath govind (1)
  • smruti saxena (1)
  • Sunil Bhat (1)
  • The Comic Project (1)
  • usha bhat (1)
  • Vijay Raman Bhan (1)
  • vinod nagpal (1)