6th Pay Commission

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Fiscal situation may hit 6th Pay Commission
The recommendation of sixth pay commission would cost Rs 12,561 crores in the year 2008-09, but the pay panel have suggested some measures, which would have saved Rs 4,586 crore in the year 2008-09, and hence burden on government exchequer on account of the pay panel hike of 28 per cent salary would cost Rs 7,975 crore (Rs 12,561 crore-Rs 4,586 crore = Rs 7,975 crore) in 2008-09. Apart from that arrear payment from January01, 2006, would have additionally cost Rs 18,060 crore as one time burden. So total burden on government exchequer in the year 2008-09, would have been Rs 26,035 crore (ie Rs 7,975crore+Rs 18,060 crore = Rs 26,035 crore).