- Additional financial burden on govt in 2016-17 will be Rs 1 trillion
- This is on account of 7th Pay Commission & OROP scheme
- Of this, Rs 73,650 crore will come from the general budget & Rs 28,450 crore from rail budget
- Even if spending is more, govt is confident about achieving FD target of 3.9% for 2015-16
Pay Commission Updates
Rs. 1.1 trillion additional provision for OROP, Pay hikes
- Additional financial burden on govt in 2016-17 will be Rs 1 trillion
- This is on account of 7th Pay Commission & OROP scheme
- Of this, Rs 73,650 crore will come from the general budget & Rs 28,450 crore from rail budget
- Even if spending is more, govt is confident about achieving FD target of 3.9% for 2015-16
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