pay commission could derail government finances
The Sixth Pay Commission, set up last year to recalibrate the wages of 5.5 million federal government workers, is scheduled to submit its report in April 2008.
If the panel is anywhere near as generous as its predecessor 10 years ago --
the Fifth Pay Commission recommended a 31 percent increase in base salaries,
effective from 1996 -- the economy will pay a heavy price.
Source - Herald Tribune ( http://www.iht.com/articles/2007/09/11/bloomberg/sxview12.php ) Published: September 11, 2007
1 comment:
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