GOVERNMENT OF INDIAMINISTRY OF FINANCERAJYA SABHAQUESTION NO 241ANSWERED ON 26.04.2016Requirement of growth in economy for sustaining the burden of wage increase241 Shri A. K. SelvarajWill the Minister of FINANCE be pleased to satate :-(a) whether it is a fact that India needs to grow by an additional 1-1.5 percentage points so that it can sustain the burden of wage increases and pass on more benefits to workers;(b) if so, the details thereof;(c) whether it is also a fact that there would be a burden of Rs. 1.02 lakh crore on account of implementation of the Seventh Pay Commission; and(d) if so, the details thereof?ANSWERMINISTER OF STATE IN THE MINISTRY OF
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