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20 pc pay hike recommended A committee formed to review the salaries and allowances of government employees has recommended increasing their salaries by at least 20 percent in the forthcoming budget. The committee headed by chief secretary Bhojraj Ghimire has made the recommendations based on the report prepared by Pay Commission 2061, reports Kantipur daily. The committee has handed over its suggestions to the Finance Minister Dr. Ram Sharan Mahat on Thursday. If the government increases salaries as per this recommendation, it will need to bear additional expense of Rs 8 billion. At present, the government spends Rs 40 billion annually on salaries and allowances, which is 55 percent of the total revenue. The recommendation for pay hike has come amid spiraling rate of inflation, which is set to hit 10 percent this year. nepalnews.com sd Jul 05 08 |
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